Casey's HR chief sells 3,013 shares of stock
Chad Michael Frazell, Casey's General Stores' Chief HR Officer, reported selling 3,013 shares of Common Stock on June 30, 2026 in two open-market or private transactions at $787.46 and $788.24 per share.
Rhea-AI Filing Summary
Chad Michael Frazell, Casey's General Stores' Chief HR Officer, reported selling 3,013 shares of Common Stock on June 30, 2026 in two open-market or private transactions at $787.46 and $788.24 per share. After these trades he holds 9,823 shares of Common Stock directly, 1,348 restricted stock units (each convertible to one share following vesting), and 401 shares indirectly through a 401k plan with voting and tender rights.
Positive
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Negative
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Insider Trade Summary
Net Seller: 3,013 shares
Net Sell
6 txns
Insider
FRAZELL CHAD MICHAEL
Role
Chief HR Officer
Sold
3,013 shs ($2.37M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,893 | $787.46 | $2.28M |
| Sale | Common Stock | 120 | $788.24 | $95K |
| holding | Restricted stock units | -- | -- | -- |
| holding | Restricted stock units | -- | -- | -- |
| holding | Restricted stock units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 9,823 shares (Direct);
Restricted stock units — 1,348 contracts (Direct);
Common Stock — 401 shares (Indirect, Voting and tender rights under 401k plan)
Footnotes (6)
- F1. This transaction was executed in multiple trades at prices ranging from $787.18 to $788.06. The price reported above reflects a weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F2. Allocated to 401k plan account as of April 30, 2026. Does not include any shares allocated by the plan trustee after that date.
- F3. Each restricted stock unit represents the right to receive, following vesting, one share of Common Stock.
- F4. Pursuant to the terms and conditions of the 2018 Stock Incentive Plan. The remainder of this award will vest on June 15, 2027. Not included in the reported award amount is a target amount of performance-based restricted stock units that will vest on June 15, 2027, but which are subject to the satisfaction of certain performance criteria other than solely the price of Casey's Common Stock; the final amount of shares earned, if any, will be reported upon vest and satisfaction of those performance measures.
- F5. Pursuant to the terms and conditions of the 2018 Stock Incentive Plan. The remainder of this award will vest in equal installments on June 15, 2027, and June 15, 2028. Not included in the reported award amount is a target amount of performance-based restricted stock units that will vest on June 15, 2028, but which are subject to the satisfaction of certain performance criteria other than solely the price of Casey's Common Stock; the final amount of shares earned, if any, will be reported upon vest and satisfaction of those performance measures.
- F6. Pursuant to terms and conditions of the 2025 Stock Incentive Plan. This award will vest in equal installments on June 15, 2027, June 15, 2028, and June 15, 2029. Not included in the reported award amount is a target amount of performance-based restricted stock units that will vest on June 15, 2029, but which are subject to the satisfaction of certain performance criteria other than solely the price of Casey's Common Stock; the final amount of shares earned, if any, will be reported upon vest and satisfaction of those performance measures.
Key Figures
Total shares sold: 3,013 shares
Sale price for 2,893 shares: $787.46 per share
Sale price for 120 shares: $788.24 per share
+4 more
7 metrics
Total shares sold
3,013 shares
Aggregate Common Stock sold by Chad Michael Frazell on June 30, 2026
Sale price for 2,893 shares
$787.46 per share
Per-share price for sale of 2,893 Casey's Common Stock shares
Sale price for 120 shares
$788.24 per share
Per-share price for sale of 120 Casey's Common Stock shares
Post-transaction direct common shares
9,823 shares
Direct holdings of Casey's Common Stock after reported transactions
Restricted stock units held
1,348 units
Post-transaction restricted stock units, each for one share of Common Stock on vesting
401k plan common shares
401 shares
Indirect Casey's Common Stock holdings with voting and tender rights under 401k plan
Footnote trade price range
$787.18–$788.06 per share
Range of prices across multiple trades referenced in a sale footnote
Key Terms
restricted stock units, weighted average sale price, 2018 Stock Incentive Plan, performance-based restricted stock units, +1 more
5 terms
restricted stock units financial
"Each restricted stock unit represents the right to receive, following vesting, one share of Common Stock."
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.
weighted average sale price financial
"The price reported above reflects a weighted average sale price."
2018 Stock Incentive Plan financial
"Pursuant to the terms and conditions of the 2018 Stock Incentive Plan."
performance-based restricted stock units financial
"Not included in the reported award amount is a target amount of performance-based restricted stock units that will vest on June 15, 2027."
Performance-based restricted stock units are a type of employee equity award that converts into company shares only if predefined financial or operational targets are met over a set period. Think of it like a bonus check that becomes stock only when specific goals are hit; it ties pay to results, aligning managers’ incentives with shareholders. Investors care because these awards affect future share count, executive incentives, and signal how management’s success will be measured and rewarded.
401k plan financial
"Allocated to 401k plan account as of April 30, 2026."
A 401(k) plan is an employer-sponsored retirement savings account that lets workers set aside part of their paycheck into investments, often with tax breaks and sometimes with matching contributions from the employer. Think of it as a workplace piggy bank that grows through employee contributions, optional company top-ups, and market returns; it matters to investors because it shapes household retirement security, drives large flows of money into public markets, and affects a company’s compensation costs and ability to attract and keep talent.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider stock transaction did CASY report for Chad Michael Frazell?
Chad Michael Frazell reported selling 3,013 shares of Casey's Common Stock on June 30, 2026 in two open-market or private transactions at $787.46 and $788.24 per share, according to the Form 4 insider trading report.
What restricted stock units does Frazell hold in Casey's (CASY)?
Frazell holds 1,348 restricted stock units, each representing the right to receive one share of Common Stock after vesting. These units include awards under the 2018 Stock Incentive Plan and 2025 Stock Incentive Plan with future vesting dates in 2027–2029.
How do performance-based restricted stock units work for CASY’s plans?
Footnotes state there is a target amount of performance-based restricted stock units that may vest in 2027–2029. The final number of shares earned, if any, depends on meeting specified performance criteria and will be reported upon vesting and satisfaction of those measures.
AI-generated analysis. How Rhea-AI works. Not financial advice.
