[144] CASEYS GENERAL STORES INC SEC Filing
Casey's General Stores (CASY) filing a Form 144 notifies the proposed sale of 3,487 common shares held in a Fidelity brokerage account, with an aggregate market value of $1,936,686.92. The shares were acquired on 06/15/2024 through restricted stock vesting as compensation. Approximately 37,181,263 shares of the class are outstanding. The notice lists an approximate sale date of 09/29/2025 on NASDAQ. No securities were reported sold by the filer in the past three months. The filer certifies they are not aware of undisclosed material adverse information about the issuer.
- Regulatory compliance: The filer submitted the required Form 144 disclosure for the proposed sale.
- Source disclosed: The shares were acquired via restricted stock vesting, and payment type is listed as compensation.
- No recent sales: The filer reported Nothing to Report for securities sold in the past three months, indicating no immediate pattern of disposals.
- Insider sale planned: The filer intends to sell 3,487 shares, which may be viewed negatively by some investors despite being routine.
- Material details limited: The filing does not identify the specific individual filer or total holdings beyond this transaction in the document text provided.
Insights
TL;DR: Routine insider sale notice for vested restricted shares representing a small fraction of outstanding stock.
The Form 144 documents a planned sale of 3,487 shares acquired via restricted stock vesting and designated as compensation. The aggregate value reported is $1.94 million and the approximate sale date is nearly 15 months after acquisition, which suggests the holder is following Rule 144 procedures for public resale. With 37.18 million shares outstanding, the position size is immaterial to market capitalization and unlikely to move the stock price by itself. The filing is a standard regulatory disclosure rather than a signal of operational change.
TL;DR: Compliance-focused disclosure of an insider sale from vested compensation; governance controls appear observed.
The notice indicates the shares originated from issuer-granted restricted stock that vested on 06/15/2024 and were recorded as compensation. The filer provides the required representation regarding material information and lists no other recent sales. This shows adherence to Form 144 disclosure obligations and internal protocols for reporting executive or insider dispositions. The document contains no governance issues, departures, or other corporate actions.