Casey’s (CASY) CLO sells 200 shares, retains RSUs and common stock

Rhea-AI Filing Summary

Casey’s General Stores Chief Legal Officer Katrina S. Lindsey reported an open-market sale of 200 shares of Common Stock on March 11, 2026 at a weighted average price of $683.04 per share, executed in multiple trades between $682.92 and $683.51.

After this sale, she directly owns 4,039 shares of Common Stock and has indirect holdings of 168 shares through 401(k) plan voting and tender rights. She also holds restricted stock units covering 316, 490, and 813 underlying shares of Common Stock under the 2018 Stock Incentive Plan, with remaining tranches scheduled to vest on June 15, 2026, June 15, 2027 and June 15, 2028, plus separate performance-based units that will be determined upon meeting future performance criteria.

Insights

Equity analyst

Routine open-market sale by Casey’s CLO with substantial equity stake remaining.

The filing shows Chief Legal Officer Katrina S. Lindsey executed an open-market sale of 200 Casey’s General Stores shares at a weighted average of $683.04 on March 11, 2026. Trades occurred between $682.92 and $683.51, indicating normal market execution.

Following the transaction, she directly holds 4,039 common shares and indirectly 168 shares via 401(k) voting and tender rights. In addition, she has time-based restricted stock units tied to 316, 490 and 813 underlying shares, plus separate performance-based units whose final amounts depend on meeting plan performance criteria.

The RSUs vest in stages on June 15, 2026, June 15, 2027 and June 15, 2028 under the 2018 Stock Incentive Plan, suggesting a multi-year equity compensation structure. With only one relatively small open-market sale and no indication of a 10b5-1 trading plan in the excerpt, this appears to be a routine liquidity event rather than a transformative change in insider positioning.

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^*

Lindsey Katrina S

(Last) (First) (Middle)

ONE SE CONVENIENCE BLVD.

(Street)

ANKENY IA 50021

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Legal Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/11/2026

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	03/11/2026		S		200	D	$683.04(1)	4,039	D
Common Stock								168(2)	I	Voting and tender rights under 401k plan

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	(3)							(4)	(4)	Common Stock	316		316	D
Restricted stock units	(3)							(5)	(5)	Common Stock	490		490	D
Restricted stock units	(3)							(6)	(6)	Common Stock	813		813	D

Explanation of Responses:

1. This transaction was executed in multiple trades at prices ranging from $682.92 to $683.51. 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.

2. Allocated to 401k plan account as of April 30, 2025. Does not include any shares allocated by the plan trustee after that date.

3. Each restricted stock unit represents the right to receive, following vesting, one share of Common Stock.

4. Pursuant to terms and conditions of 2018 Stock Incentive Plan. The remainder of this award will vest on June 15, 2026. Not included in the reported award amount is a target amount of performance-based restricted stock units that will vest on June 15, 2026, 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.

5. 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, 2026, and 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.

6. Pursuant to terms and conditions of 2018 Stock Incentive Plan. This award will vest in equal installments on June 15, 2026, 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.

Remarks:

	Erika Bertrand, under Power of Attorney dated December 11, 2025	03/12/2026
	** 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.

FAQ

What insider transaction did Casey's General Stores (CASY) report for Katrina S. Lindsey?

Casey’s General Stores reported that Chief Legal Officer Katrina S. Lindsey sold 200 shares of Common Stock. The open-market sale occurred on March 11, 2026 at a weighted average price of $683.04 per share, with trades executed between $682.92 and $683.51.

How many Casey's General Stores (CASY) shares does Katrina S. Lindsey hold after the reported sale?

After the sale, Katrina S. Lindsey directly holds 4,039 Casey’s General Stores common shares. She also has indirect holdings of 168 shares through 401(k) plan voting and tender rights, plus several tranches of restricted stock units tied to additional underlying shares of Common Stock.

At what price did Katrina S. Lindsey sell her Casey's General Stores (CASY) shares?

The 200 Casey’s General Stores shares were sold at a weighted average price of $683.04 per share. According to the filing, the sale was executed in multiple trades, with prices ranging from $682.92 to $683.51 across the different executions that day.

What restricted stock units does Katrina S. Lindsey hold in Casey's General Stores (CASY)?

Katrina S. Lindsey holds restricted stock units tied to 316, 490 and 813 underlying Casey’s Common shares. These units were granted under the 2018 Stock Incentive Plan and will vest over time, with remaining installments scheduled through June 15, 2026, June 15, 2027 and June 15, 2028.

Are performance-based restricted stock units included in Katrina S. Lindsey’s reported Casey's (CASY) awards?

The filing notes additional performance-based restricted stock units for Katrina S. Lindsey that are not yet included in the reported award amounts. These units may vest in 2026, 2027 and 2028, but final shares earned depend on meeting specific performance criteria beyond Casey’s stock price.

How are Katrina S. Lindsey’s indirect Casey's General Stores (CASY) holdings structured?

The filing shows Katrina S. Lindsey has indirect ownership of 168 Casey’s shares via a 401(k) plan. She holds voting and tender rights over these shares, with the amount allocated to her 401(k) account as of April 30, 2025, excluding later trustee allocations.