STOCK TITAN

Casey's director converts 326 RSUs to shares

CASEYS GENERAL STORES INC (CASY) director Cara Kay Heiden reported the vesting and settlement of restricted stock units into common stock.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

CASEYS GENERAL STORES INC (CASY) director Cara Kay Heiden reported the vesting and settlement of restricted stock units into common stock. On September 2, 2026, 326 restricted stock units converted into 326 shares of common stock as non-employee director equity compensation under the 2025 Stock Incentive Plan, following vesting at the 2026 annual shareholders meeting. After this transaction, Heiden directly holds 9,869 shares of common stock, and no restricted stock units remain from this award. No Rule 10b5-1 trading plan is reported.

Positive

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Negative

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Insider Heiden Cara Kay
Role Director
Type Security Shares Price Value
Exercise Restricted stock units F1, F2 326 $0.00 $0.00
Exercise Common Stock 326 $0.00 $0.00
Holdings After Transaction: Restricted stock units — 0 contracts (Direct); Common Stock — 9,869 shares (Direct)
Footnotes (2)
  1. F1. Each restricted stock unit represents the right to receive, following vesting, one share of Common Stock.
  2. F2. Non-employee director equity compensation pursuant to terms and conditions of 2025 Stock Incentive Plan. This award vested in full on the date of Casey's 2026 annual shareholder's meeting.
Restricted stock units converted 326 units Units converted into common stock on September 2, 2026
Common shares received 326 shares Shares of CASEY'S GENERAL STORES common stock issued upon RSU settlement
Shares held after transaction 9,869 shares Direct ownership by Cara Kay Heiden after September 2, 2026 transactions
Per-unit conversion price $0.00 per unit Equity compensation RSU conversion with no cash exercise price
Restricted stock units financial
"Each restricted stock unit represents the right to receive, following vesting, one share"
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.
2025 Stock Incentive Plan financial
"Non-employee director equity compensation pursuant to terms and conditions of 2025 Stock Incentive Plan"
non-employee director equity compensation financial
"Non-employee director equity compensation pursuant to terms and conditions of 2025 Stock Incentive Plan"
Power of Attorney regulatory
"Remarks note Exhibit 24 - Power of Attorney"
A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.

FAQ

What insider transaction did CASEY'S GENERAL STORES (CASY) director Cara Kay Heiden report?

Cara Kay Heiden reported the exercise and settlement of 326 restricted stock units into 326 shares of CASEY'S GENERAL STORES common stock on September 2, 2026, as part of non-employee director equity compensation under the 2025 Stock Incentive Plan.

How many CASEY'S GENERAL STORES (CASY) shares does Cara Kay Heiden own after this Form 4?

After the reported transactions, Cara Kay Heiden directly holds 9,869 shares of CASEY'S GENERAL STORES common stock, with no remaining restricted stock units from this specific award.

Was the CASEY'S GENERAL STORES (CASY) insider transaction under a Rule 10b5-1 plan?

No. The filing indicates the Rule 10b5-1 checkbox is not marked, and the footnotes do not describe any Rule 10b5-1 trading plan, so the reported vesting and settlement were not under a pre-arranged plan.

What type of award did CASEY'S GENERAL STORES (CASY) grant to director Cara Kay Heiden?

The award was restricted stock units granted as non-employee director equity compensation under the 2025 Stock Incentive Plan. Each unit represented the right to receive one share of CASEY'S GENERAL STORES common stock upon vesting.

When did Cara Kay Heiden’s CASEY'S GENERAL STORES (CASY) restricted stock units vest?

The restricted stock unit award vested in full on the date of CASEY'S 2026 annual shareholders meeting, after which 326 units were settled into 326 shares of common stock.

Did Cara Kay Heiden sell any CASEY'S GENERAL STORES (CASY) shares in this Form 4?

No market sale is reported. The Form 4 shows an exercise/conversion of 326 restricted stock units into 326 common shares and a corresponding disposition of the derivative units themselves, with no open-market sale transaction.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Heiden Cara Kay

(Last)(First)(Middle)
12911 TIMBERLINE DRIVE

(Street)
URBANDALE IOWA 50323

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
CASEYS GENERAL STORES INC [ CASY ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/02/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock09/02/2026M326A$09,869D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted stock units(1)09/02/2026M326 (2) (2)Common Stock326$00D
Explanation of Responses:
1. Each restricted stock unit represents the right to receive, following vesting, one share of Common Stock.
2. Non-employee director equity compensation pursuant to terms and conditions of 2025 Stock Incentive Plan. This award vested in full on the date of Casey's 2026 annual shareholder's meeting.
Remarks:
Exhibit 24 - Power of Attorney
Erika Bertrand, under Power of Attorney dated September 3, 202509/04/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

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