STOCK TITAN

[Form 4] Casey's General Stores Inc Insider Trading Activity

Filing Impact
(Neutral)
Filing Sentiment
(Positive)
Form Type
4
Rhea-AI Filing Summary

Casey’s General Stores, Inc. (CASY) – Form 4 insider transaction

Director Mike Spanos reported the purchase of 200 shares of Casey’s General Stores common stock on 30-Jun-2025 at an average price of $503.18, representing a cash outlay of roughly $101 thousand. Following the transaction, Spanos’ direct holdings increased to 3,560 shares, which include 4 shares acquired through the company’s dividend reinvestment plan.

The filing also discloses the grant of 442 restricted stock units (RSUs) received as part of non-employee director equity compensation under the company’s 2018 Stock Incentive Plan. These RSUs vest in full at the 2025 annual shareholders’ meeting and convert 1-for-1 into common shares upon vesting.

  • No derivative sales or dispositions were reported.
  • The reporting person remains a non-employee director and is not flagged as a 10% owner.
  • The purchase was reported on a timely basis (filed 01-Jul-2025, one business day after the trade).

While the purchase size is modest relative to Casey’s ~$20 billion market capitalization, insider buying—even in small amounts—can be read as a vote of confidence in the company’s outlook. However, the transaction alone is unlikely to measurably affect valuation or near-term trading dynamics.

Casey’s General Stores, Inc. (CASY) – Transazione insider Form 4

Il direttore Mike Spanos ha segnalato l'acquisto di 200 azioni ordinarie di Casey’s General Stores il 30 giugno 2025 a un prezzo medio di 503,18 $, per un esborso in contanti di circa 101 mila $. Dopo la transazione, la partecipazione diretta di Spanos è aumentata a 3.560 azioni, inclusi 4 titoli acquisiti tramite il piano di reinvestimento dei dividendi della società.

La comunicazione rivela inoltre la concessione di 442 unità azionarie vincolate (RSU) ricevute come parte della compensazione azionaria per direttori non dipendenti, secondo il Piano di Incentivi Azionari 2018 dell’azienda. Queste RSU maturano completamente in occasione dell’assemblea annuale degli azionisti del 2025 e si convertono 1 a 1 in azioni ordinarie al momento della maturazione.

  • Non sono state segnalate vendite o cessioni di strumenti derivati.
  • La persona che ha effettuato la segnalazione rimane un direttore non dipendente e non è considerata un azionista con oltre il 10%.
  • L’acquisto è stato comunicato tempestivamente (depositato il 1° luglio 2025, un giorno lavorativo dopo la transazione).

Pur essendo modesta rispetto alla capitalizzazione di mercato di circa 20 miliardi di dollari di Casey’s, l’acquisto da parte di un insider – anche in piccole quantità – può essere interpretato come un segnale di fiducia sulle prospettive dell’azienda. Tuttavia, la sola operazione difficilmente influenzerà in modo significativo la valutazione o la dinamica di mercato nel breve termine.

Casey’s General Stores, Inc. (CASY) – Transacción insider Formulario 4

El director Mike Spanos reportó la compra de 200 acciones ordinarias de Casey’s General Stores el 30 de junio de 2025 a un precio promedio de $503.18, representando un desembolso en efectivo de aproximadamente $101 mil. Tras la transacción, la tenencia directa de Spanos aumentó a 3,560 acciones, incluyendo 4 acciones adquiridas mediante el plan de reinversión de dividendos de la compañía.

La presentación también revela la concesión de 442 unidades restringidas de acciones (RSU) recibidas como parte de la compensación en acciones para directores no empleados bajo el Plan de Incentivos de Acciones 2018 de la empresa. Estas RSU se consolidan completamente en la junta anual de accionistas de 2025 y se convierten 1 a 1 en acciones ordinarias al consolidarse.

  • No se reportaron ventas o disposiciones de derivados.
  • La persona que reporta sigue siendo un director no empleado y no está marcada como propietario del 10%.
  • La compra fue reportada de manera oportuna (presentada el 1 de julio de 2025, un día hábil después de la operación).

Aunque el tamaño de la compra es modesto en relación con la capitalización de mercado de aproximadamente 20 mil millones de dólares de Casey’s, la compra por parte de un insider, incluso en pequeñas cantidades, puede interpretarse como un voto de confianza en las perspectivas de la empresa. Sin embargo, la transacción por sí sola probablemente no afectará de manera significativa la valoración ni la dinámica de negociación a corto plazo.

Casey’s General Stores, Inc. (CASY) – Form 4 내부자 거래 보고

이사 Mike Spanos2025년 6월 30일에 Casey’s General Stores 보통주 200주를 평균 가격 $503.18에 매수했다고 보고했으며, 현금 지출액은 약 $101,000에 달합니다. 거래 후 Spanos의 직접 보유 주식은 3,560주로 증가했으며, 이 중 4주는 회사의 배당금 재투자 계획을 통해 취득한 주식입니다.

또한, 이 보고서에는 회사의 2018년 주식 인센티브 계획에 따른 비임원 이사 주식 보상으로 받은 442개의 제한 주식 단위(RSU) 부여 내역이 공개되어 있습니다. 이 RSU는 2025년 연례 주주총회에서 전액 권리 확정되며, 권리 확정 시 1대1 비율로 보통주로 전환됩니다.

  • 파생상품 매도나 처분은 보고되지 않았습니다.
  • 보고자는 비임원 이사로 남아 있으며 10% 이상 소유자로 표시되지 않았습니다.
  • 매수는 적시에 보고되었으며(2025년 7월 1일 제출, 거래 다음 영업일)입니다.

Casey’s 약 200억 달러의 시가총액과 비교할 때 매수 규모는 적지만, 내부자의 매수는 소량이라도 회사 전망에 대한 신뢰의 표시로 해석될 수 있습니다. 다만, 이번 거래만으로는 가치 평가나 단기 거래 동향에 큰 영향을 미치기는 어려울 것입니다.

Casey’s General Stores, Inc. (CASY) – Transaction d’initié Formulaire 4

Le directeur Mike Spanos a déclaré l’achat de 200 actions ordinaires de Casey’s General Stores le 30 juin 2025 à un prix moyen de 503,18 $, représentant une dépense en espèces d’environ 101 000 $. Après la transaction, la détention directe de Spanos est passée à 3 560 actions, incluant 4 actions acquises via le plan de réinvestissement des dividendes de la société.

Le dépôt révèle également l’attribution de 442 unités d’actions restreintes (RSU) reçues dans le cadre de la rémunération en actions des administrateurs non salariés selon le Plan d’Incitation en Actions 2018 de la société. Ces RSU seront entièrement acquises lors de l’assemblée générale annuelle des actionnaires de 2025 et se convertiront en actions ordinaires à raison de 1 pour 1 lors de leur acquisition.

  • Aucune vente ou cession de dérivés n’a été signalée.
  • La personne déclarant reste un administrateur non salarié et n’est pas considérée comme un détenteur de 10 %.
  • L’achat a été déclaré en temps utile (déposé le 1er juillet 2025, un jour ouvrable après la transaction).

Bien que le montant de l’achat soit modeste par rapport à la capitalisation boursière d’environ 20 milliards de dollars de Casey’s, un achat d’initié – même en petite quantité – peut être interprété comme un signe de confiance dans les perspectives de l’entreprise. Toutefois, la transaction seule est peu susceptible d’avoir un impact significatif sur la valorisation ou la dynamique de négociation à court terme.

Casey’s General Stores, Inc. (CASY) – Insider-Transaktion Form 4

Direktor Mike Spanos meldete den Kauf von 200 Aktien der Stammaktien von Casey’s General Stores am 30. Juni 2025 zu einem Durchschnittspreis von 503,18 $, was einem Baraufwand von etwa 101.000 $ entspricht. Nach der Transaktion erhöhte sich Spanoss Direktbestand auf 3.560 Aktien, darunter 4 Aktien, die über den Dividenden-Reinvestitionsplan des Unternehmens erworben wurden.

Die Meldung offenbart außerdem die Gewährung von 442 Restricted Stock Units (RSUs), die als Teil der Aktienvergütung für nicht-geschäftsführende Direktoren gemäß dem Aktienanreizplan 2018 des Unternehmens erhalten wurden. Diese RSUs werden vollständig auf der Hauptversammlung 2025 fällig und wandeln sich zum Zeitpunkt der Fälligkeit im Verhältnis 1:1 in Stammaktien um.

  • Keine Verkäufe oder Veräußerungen von Derivaten wurden gemeldet.
  • Die meldende Person bleibt ein nicht-geschäftsführender Direktor und ist nicht als 10%-Eigentümer gekennzeichnet.
  • Der Kauf wurde fristgerecht gemeldet (eingereicht am 1. Juli 2025, einen Geschäftstag nach dem Handel).

Obwohl die Kaufsumme im Vergleich zur Marktkapitalisierung von Casey’s von rund 20 Milliarden US-Dollar bescheiden ist, kann Insider-Kauf – selbst in kleinen Mengen – als Vertrauensbeweis in die Unternehmensperspektiven gewertet werden. Allein die Transaktion wird jedoch voraussichtlich keine messbare Auswirkung auf die Bewertung oder kurzfristige Handelsdynamik haben.

Positive
  • Director open-market purchase: Mike Spanos bought 200 CASY shares (~$101k), signalling personal confidence.
  • Additional equity alignment: 442 RSUs granted under the 2018 Stock Incentive Plan align director incentives with shareholders.
Negative
  • None.

Insights

TL;DR: Small director buy (~$101k) and 442 RSUs; positive signal but immaterial to fundamentals.

The acquisition of 200 shares slightly raises director Spanos’ skin-in-the-game to ~3.6k shares. Insider purchases are generally viewed favorably, particularly when aligned with open-market prices instead of option exercises. That said, the dollar value is modest (<0.01 % of market cap) and does not change our quantitative assessment. The RSU grant is routine annual director compensation and vests at the 2025 AGM, so no near-term dilution impact. Overall, the filing conveys incremental confidence but is not materially impactful to earnings, balance-sheet leverage, or strategic direction.

TL;DR: Routine governance; aligns director incentives, neutral impact.

Casey’s continues to use RSUs to align board interests with shareholder value creation, consistent with peer practice. The one-year vesting fosters retention without excessive lock-ups. The voluntary open-market purchase by Spanos is governance-friendly, as it signals personal commitment beyond board grants. No red flags (late filing, Rule 144 sales, or derivative hedging) are present. The move marginally strengthens the board’s ownership profile but does not shift overall governance risk.

Casey’s General Stores, Inc. (CASY) – Transazione insider Form 4

Il direttore Mike Spanos ha segnalato l'acquisto di 200 azioni ordinarie di Casey’s General Stores il 30 giugno 2025 a un prezzo medio di 503,18 $, per un esborso in contanti di circa 101 mila $. Dopo la transazione, la partecipazione diretta di Spanos è aumentata a 3.560 azioni, inclusi 4 titoli acquisiti tramite il piano di reinvestimento dei dividendi della società.

La comunicazione rivela inoltre la concessione di 442 unità azionarie vincolate (RSU) ricevute come parte della compensazione azionaria per direttori non dipendenti, secondo il Piano di Incentivi Azionari 2018 dell’azienda. Queste RSU maturano completamente in occasione dell’assemblea annuale degli azionisti del 2025 e si convertono 1 a 1 in azioni ordinarie al momento della maturazione.

  • Non sono state segnalate vendite o cessioni di strumenti derivati.
  • La persona che ha effettuato la segnalazione rimane un direttore non dipendente e non è considerata un azionista con oltre il 10%.
  • L’acquisto è stato comunicato tempestivamente (depositato il 1° luglio 2025, un giorno lavorativo dopo la transazione).

Pur essendo modesta rispetto alla capitalizzazione di mercato di circa 20 miliardi di dollari di Casey’s, l’acquisto da parte di un insider – anche in piccole quantità – può essere interpretato come un segnale di fiducia sulle prospettive dell’azienda. Tuttavia, la sola operazione difficilmente influenzerà in modo significativo la valutazione o la dinamica di mercato nel breve termine.

Casey’s General Stores, Inc. (CASY) – Transacción insider Formulario 4

El director Mike Spanos reportó la compra de 200 acciones ordinarias de Casey’s General Stores el 30 de junio de 2025 a un precio promedio de $503.18, representando un desembolso en efectivo de aproximadamente $101 mil. Tras la transacción, la tenencia directa de Spanos aumentó a 3,560 acciones, incluyendo 4 acciones adquiridas mediante el plan de reinversión de dividendos de la compañía.

La presentación también revela la concesión de 442 unidades restringidas de acciones (RSU) recibidas como parte de la compensación en acciones para directores no empleados bajo el Plan de Incentivos de Acciones 2018 de la empresa. Estas RSU se consolidan completamente en la junta anual de accionistas de 2025 y se convierten 1 a 1 en acciones ordinarias al consolidarse.

  • No se reportaron ventas o disposiciones de derivados.
  • La persona que reporta sigue siendo un director no empleado y no está marcada como propietario del 10%.
  • La compra fue reportada de manera oportuna (presentada el 1 de julio de 2025, un día hábil después de la operación).

Aunque el tamaño de la compra es modesto en relación con la capitalización de mercado de aproximadamente 20 mil millones de dólares de Casey’s, la compra por parte de un insider, incluso en pequeñas cantidades, puede interpretarse como un voto de confianza en las perspectivas de la empresa. Sin embargo, la transacción por sí sola probablemente no afectará de manera significativa la valoración ni la dinámica de negociación a corto plazo.

Casey’s General Stores, Inc. (CASY) – Form 4 내부자 거래 보고

이사 Mike Spanos2025년 6월 30일에 Casey’s General Stores 보통주 200주를 평균 가격 $503.18에 매수했다고 보고했으며, 현금 지출액은 약 $101,000에 달합니다. 거래 후 Spanos의 직접 보유 주식은 3,560주로 증가했으며, 이 중 4주는 회사의 배당금 재투자 계획을 통해 취득한 주식입니다.

또한, 이 보고서에는 회사의 2018년 주식 인센티브 계획에 따른 비임원 이사 주식 보상으로 받은 442개의 제한 주식 단위(RSU) 부여 내역이 공개되어 있습니다. 이 RSU는 2025년 연례 주주총회에서 전액 권리 확정되며, 권리 확정 시 1대1 비율로 보통주로 전환됩니다.

  • 파생상품 매도나 처분은 보고되지 않았습니다.
  • 보고자는 비임원 이사로 남아 있으며 10% 이상 소유자로 표시되지 않았습니다.
  • 매수는 적시에 보고되었으며(2025년 7월 1일 제출, 거래 다음 영업일)입니다.

Casey’s 약 200억 달러의 시가총액과 비교할 때 매수 규모는 적지만, 내부자의 매수는 소량이라도 회사 전망에 대한 신뢰의 표시로 해석될 수 있습니다. 다만, 이번 거래만으로는 가치 평가나 단기 거래 동향에 큰 영향을 미치기는 어려울 것입니다.

Casey’s General Stores, Inc. (CASY) – Transaction d’initié Formulaire 4

Le directeur Mike Spanos a déclaré l’achat de 200 actions ordinaires de Casey’s General Stores le 30 juin 2025 à un prix moyen de 503,18 $, représentant une dépense en espèces d’environ 101 000 $. Après la transaction, la détention directe de Spanos est passée à 3 560 actions, incluant 4 actions acquises via le plan de réinvestissement des dividendes de la société.

Le dépôt révèle également l’attribution de 442 unités d’actions restreintes (RSU) reçues dans le cadre de la rémunération en actions des administrateurs non salariés selon le Plan d’Incitation en Actions 2018 de la société. Ces RSU seront entièrement acquises lors de l’assemblée générale annuelle des actionnaires de 2025 et se convertiront en actions ordinaires à raison de 1 pour 1 lors de leur acquisition.

  • Aucune vente ou cession de dérivés n’a été signalée.
  • La personne déclarant reste un administrateur non salarié et n’est pas considérée comme un détenteur de 10 %.
  • L’achat a été déclaré en temps utile (déposé le 1er juillet 2025, un jour ouvrable après la transaction).

Bien que le montant de l’achat soit modeste par rapport à la capitalisation boursière d’environ 20 milliards de dollars de Casey’s, un achat d’initié – même en petite quantité – peut être interprété comme un signe de confiance dans les perspectives de l’entreprise. Toutefois, la transaction seule est peu susceptible d’avoir un impact significatif sur la valorisation ou la dynamique de négociation à court terme.

Casey’s General Stores, Inc. (CASY) – Insider-Transaktion Form 4

Direktor Mike Spanos meldete den Kauf von 200 Aktien der Stammaktien von Casey’s General Stores am 30. Juni 2025 zu einem Durchschnittspreis von 503,18 $, was einem Baraufwand von etwa 101.000 $ entspricht. Nach der Transaktion erhöhte sich Spanoss Direktbestand auf 3.560 Aktien, darunter 4 Aktien, die über den Dividenden-Reinvestitionsplan des Unternehmens erworben wurden.

Die Meldung offenbart außerdem die Gewährung von 442 Restricted Stock Units (RSUs), die als Teil der Aktienvergütung für nicht-geschäftsführende Direktoren gemäß dem Aktienanreizplan 2018 des Unternehmens erhalten wurden. Diese RSUs werden vollständig auf der Hauptversammlung 2025 fällig und wandeln sich zum Zeitpunkt der Fälligkeit im Verhältnis 1:1 in Stammaktien um.

  • Keine Verkäufe oder Veräußerungen von Derivaten wurden gemeldet.
  • Die meldende Person bleibt ein nicht-geschäftsführender Direktor und ist nicht als 10%-Eigentümer gekennzeichnet.
  • Der Kauf wurde fristgerecht gemeldet (eingereicht am 1. Juli 2025, einen Geschäftstag nach dem Handel).

Obwohl die Kaufsumme im Vergleich zur Marktkapitalisierung von Casey’s von rund 20 Milliarden US-Dollar bescheiden ist, kann Insider-Kauf – selbst in kleinen Mengen – als Vertrauensbeweis in die Unternehmensperspektiven gewertet werden. Allein die Transaktion wird jedoch voraussichtlich keine messbare Auswirkung auf die Bewertung oder kurzfristige Handelsdynamik haben.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Spanos Mike

(Last) (First) (Middle)
180 BEACH DRIVE NE
UNIT 1902

(Street)
ST. PETERSBURG FL 33701

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
CASEYS GENERAL STORES INC [ CASY ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
06/30/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 06/30/2025 P 200 A $503.18 3,560(1) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted stock units (2) (3) (3) Common Stock 442 442 D
Explanation of Responses:
1. Includes 4 shares acquired under Casey's General Stores, Inc. Dividend Reinvestment Plan.
2. Each restricted stock unit represents the right to receive, following vesting, one share of Common Stock.
3. Non-employee director equity compensation pursuant to terms and conditions of 2018 Stock Incentive Plan. This award will vest in full on the date of Casey's 2025 annual shareholder's meeting.
Remarks:
Scott Faber, under Power of Attorney dated August 24, 2022 07/01/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many Casey's (CASY) shares did Director Mike Spanos purchase?

He purchased 200 common shares on 30-Jun-2025 at $503.18 each.

What is the total value of the insider purchase reported?

Approximately $101,000 based on the reported purchase price.

How many shares does the director own after the transaction?

Mike Spanos now directly owns 3,560 shares of CASY.

Were any derivative securities exercised or sold?

No derivatives were exercised or sold; only 442 new RSUs were granted as director compensation.

When will the 442 RSUs granted to the director vest?

They vest in full on the date of Casey’s 2025 annual shareholders’ meeting.

Does this insider transaction materially impact Casey's valuation?

Given the small size relative to CASY’s market cap, the impact is immaterial from a valuation standpoint.
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18.78B
36.98M
0.6%
89.72%
3.97%
Specialty Retail
Retail-auto Dealers & Gasoline Stations
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