Conagra Brands executive converts RSUs, withholds shares
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Form Type
4
Rhea-AI Filing Summary
CONAGRA BRANDS INC. SVP, Corporate Controller Melissa C. Napier reported vesting and conversion of 6,328 restricted stock units (RSUs) into common stock on July 17 and 19, 2026, from equity awards granted in 2023 and 2025. Each RSU converts into one share. To cover taxes, 2,931 shares were withheld at $14.28 per share as part of these vestings.
Insider Trade Summary
6,328 shares exercised/converted
Exercise
6 txns
Insider
Napier Melissa C.
Role
SVP, Corporate Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F3 | 2,388 | $0.00 | $0.00 |
| Exercise | Common Stock F3 | 2,388 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2 | 1,185 | $14.28 | $17K |
| Exercise | Restricted Stock Units F1 | 3,940 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 3,940 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2 | 1,746 | $14.28 | $25K |
Holdings After Transaction:
Restricted Stock Units — 7,880 contracts (Direct);
Common Stock — 3,397 shares (Direct)
Footnotes (3)
- F1. The restricted stock units ("RSUs") were granted on July 17, 2025, and vested 33.33% on July 17, 2026, and will vest 33.3% on July 17, 2027 and 33.34% on July 17, 2028. Each RSU represents the contingent right to receive one share of the Issuer's common stock on the vesting date.
- F2. Shares withheld for taxes.
- F3. The restricted stock units ("RSUs") were granted on July 19, 2023 and vested 33.33% on each of July 19, 2024 and July 19, 2025, and vested 33.34% on July 19, 2026. Each RSU represented the contingent right to receive one share of the Issuer's common stock on the vesting date.
Key Figures
RSUs converted to common stock: 6,328 shares
Shares withheld for taxes: 2,931 shares
Tax withholding price: $14.28 per share
+4 more
7 metrics
RSUs converted to common stock
6,328 shares
Total restricted stock units converted into common stock on July 17 and 19, 2026
Shares withheld for taxes
2,931 shares
Common shares withheld to satisfy tax liability on RSU vesting at $14.28 per share
Tax withholding price
$14.28 per share
Valuation used for shares withheld for taxes on July 17 and 19, 2026
RSUs vested from 2025 grant
3,940 units
Portion of July 17, 2025 RSU grant vesting and converting on July 17, 2026
RSUs vested from 2023 grant
2,388 units
Final 33.34% portion of July 19, 2023 RSU grant vesting on July 19, 2026
2023 RSU vesting schedule
33.33%, 33.33%, 33.34%
Vesting pattern in 2024, 2025, and July 19, 2026 for the 2023 grant
2025 RSU vesting schedule
33.33%, 33.3%, 33.34%
Vesting pattern on July 17, 2026, 2027, and 2028 for the 2025 grant
Key Terms
Restricted Stock Units, derivative security, contingent right, Payment of tax liability by delivering or withholding securities
4 terms
Restricted Stock Units financial
"The restricted stock units ("RSUs") were granted on July 17, 2025, and vested 33.33%..."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
derivative security financial
"Transaction code M is described as Exercise or conversion of derivative security."
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
contingent right financial
"Each RSU represents the contingent right to receive one share of the Issuer's common stock..."
Payment of tax liability by delivering or withholding securities financial
"Transaction code F is described as Payment of tax liability by delivering or withholding securities."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider activity did Conagra Brands (CAG) report for Melissa C. Napier?
Conagra Brands reported that SVP, Corporate Controller Melissa C. Napier converted 6,328 RSUs into common stock on July 17 and 19, 2026. These RSUs stemmed from grants made in 2023 and 2025 and represent routine equity compensation vesting rather than open-market purchases or sales.
What RSU grants underlie Melissa C. Napier’s Conagra Brands (CAG) transactions?
The transactions relate to RSUs granted on July 19, 2023 and July 17, 2025. The 2023 grant vested 33.33% in 2024, 33.33% in 2025, and 33.34% on July 19, 2026, while the 2025 grant vests over three years starting July 17, 2026, each RSU for one share.
Did Melissa C. Napier’s Conagra Brands (CAG) transactions involve a trading plan?
The disclosure indicates the transactions were not made under a Rule 10b5-1 trading plan. Instead, the activity reflects scheduled vesting and conversion of existing RSU awards plus related tax withholding, rather than discretionary market-timing decisions under a pre-arranged plan.
How do the Conagra Brands (CAG) RSUs convert into common stock for Melissa C. Napier?
Each restricted stock unit represents a contingent right to receive one share of Conagra Brands common stock on its vesting date. When the RSUs vested on July 17 and 19, 2026, a total of 6,328 shares of common stock were issued before tax withholding.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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