Casey's director awarded 220 RSUs, 326 shares vest

Casey’s General Stores director Mike Spanos received new RSUs and had prior RSUs vest into common shares, increasing his direct stock holdings.

Rhea-AI Filing Summary

CASEYS GENERAL STORES INC (CASY) reported that director Mike Spanos had equity compensation activity on September 2, 2026. He received a grant of 220 restricted stock units, each representing one share of Common Stock, as non-employee director compensation under the 2025 Stock Incentive Plan, scheduled to vest in full at Casey's 2027 annual shareholders meeting. On the same date, 326 previously granted restricted stock units vested and were converted into 326 shares of Common Stock, increasing his directly held Common Stock to 5,084 shares. No Rule 10b5-1 trading plan is reported for these transactions.

Insider Trade Summary

326 shares exercised/converted

Exercise 3 txns

Insider Spanos Mike

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted stock units F1, F2	220	$0.00	$0.00
Exercise	Restricted stock units F1, F3	326	$0.00	$0.00
Exercise	Common Stock	326	$0.00	$0.00

Holdings After Transaction: Restricted stock units — 220 contracts (Direct); Common Stock — 5,084 shares (Direct)

Footnotes (3)

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 will vest in full on the date of Casey's 2027 annual shareholder's meeting.
3. F3. 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.

Key Figures

RSUs granted: 220 units RSUs vested and converted: 326 units/shares Common shares directly held after transactions: 5,084 shares

3 metrics

RSUs granted 220 units Restricted stock unit grant on September 2, 2026 as non-employee director compensation

RSUs vested and converted 326 units/shares Previously granted restricted stock units vested and converted into 326 shares on September 2, 2026

Common shares directly held after transactions 5,084 shares Direct ownership of Casey’s General Stores Common Stock by Mike Spanos after September 2, 2026 transactions

Key Terms

Restricted stock units, 2025 Stock Incentive Plan, Non-employee director

3 terms

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 financial

"Non-employee director equity compensation pursuant to terms and conditions of 2025 Stock Incentive Plan"

FAQ

What equity award did CASY director Mike Spanos receive on September 2, 2026?

He received a grant of 220 restricted stock units as non-employee director equity compensation under the 2025 Stock Incentive Plan, with each unit representing the right to receive one share of Common Stock after vesting.

When will the new 220 CASY restricted stock units granted to Mike Spanos vest?

The 220 restricted stock units granted to Mike Spanos will vest in full on the date of Casey's 2027 annual shareholders meeting, according to the terms disclosed for the 2025 Stock Incentive Plan.

What CASY restricted stock units vested for Mike Spanos on September 2, 2026?

On September 2, 2026, 326 previously granted restricted stock units vested in full under the 2025 Stock Incentive Plan, corresponding to Casey's 2026 annual shareholders meeting vesting terms.

How many CASY common shares did Mike Spanos acquire from RSU vesting?

He acquired 326 shares of Common Stock upon the vesting and conversion of 326 restricted stock units on September 2, 2026. Each vested unit converted into one share of Common Stock.

What is Mike Spanos’s direct CASY common stock holding after these transactions?

Following the September 2, 2026 transactions, Mike Spanos directly holds 5,084 shares of Casey’s General Stores Common Stock, as reported in the Form 4.

Were Mike Spanos’s CASY transactions made under a Rule 10b5-1 trading plan?

No. The filing indicates that no Rule 10b5-1 trading plan is reported for these September 2, 2026 equity compensation transactions.

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

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Available on EDGAR 09/04/2026 - 06:27 PM Accepted by SEC EDGAR 09/04/2026 - 06:26 PM Learn about SEC filing dates

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 FLORIDA 33701

(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)

X	Director		10% 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)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/02/2026		M		326	A	$0	5,084	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	(1)	09/02/2026		A		220		(2)	(2)	Common Stock	220	$0	220	D
Restricted stock units	(1)	09/02/2026		M			326	(3)	(3)	Common Stock	326	$0	0	D

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 will vest in full on the date of Casey's 2027 annual shareholder's meeting.

3. 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:

	Erika Bertrand, under Power of Attorney dated September 3, 2025	09/04/2026
	** 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.
* Form 4: SEC 1474 (03-26)