Casey's (CASY) director receives 51 RSUs under 2025 stock plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SUTULA STANLEY J III reported acquisition or exercise transactions in this Form 4 filing.
CASEYS GENERAL STORES INC director Stanley J. Sutula III reported receiving a grant of 51 restricted stock units. Each unit represents the right to receive one share of Common Stock after vesting. The award is non-employee director equity compensation under the 2025 Stock Incentive Plan and will vest in full at Casey's 2026 annual shareholders' meeting.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SUTULA STANLEY J III
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted stock units | 51 | $0.00 | -- |
Holdings After Transaction:
Restricted stock units — 51 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit represents the right to receive, following vesting, one share of Common Stock. 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 2026 annual shareholders' meeting.
Key Figures
RSUs granted: 51 restricted stock units
Underlying shares: 51 shares of Common Stock
Exercise price: $0.0000 per unit
+1 more
4 metrics
RSUs granted
51 restricted stock units
Non-employee director equity compensation
Underlying shares
51 shares of Common Stock
Each RSU converts into one share after vesting
Exercise price
$0.0000 per unit
Restricted stock units granted at no cash exercise cost
Vesting milestone
2026 annual shareholders' meeting
Award vests in full at this meeting date
Key Terms
Restricted stock units, Common Stock, Non-employee director, 2025 Stock Incentive Plan, +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.
Common Stock financial
"Each restricted stock unit represents the right to receive, following vesting, one share of Common Stock."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Non-employee director financial
"Non-employee director equity compensation pursuant to terms and conditions of 2025 Stock Incentive Plan."
2025 Stock Incentive Plan financial
"Non-employee director equity compensation pursuant to terms and conditions of 2025 Stock Incentive Plan."
FAQ
What insider transaction did CASEYS GENERAL STORES INC (CASY) report for Stanley J. Sutula III?
CASEYS GENERAL STORES INC reported that director Stanley J. Sutula III received 51 restricted stock units. These units are part of his non-employee director equity compensation and convert into an equal number of Common Stock shares after vesting.
How many restricted stock units were granted in this CASY Form 4 filing?
The filing shows a grant of 51 restricted stock units. After vesting, each unit entitles the holder to receive one share of CASEYS GENERAL STORES INC Common Stock, effectively aligning director compensation with shareholder interests.
When do Stanley J. Sutula III’s CASY restricted stock units vest?
The restricted stock units will vest in full on the date of Casey's 2026 annual shareholders' meeting. Vesting at that meeting ties the director’s equity compensation to ongoing board service through that annual governance milestone.
What plan governs the restricted stock unit grant disclosed for CASY?
The restricted stock unit grant was made under Casey's 2025 Stock Incentive Plan. This plan outlines terms and conditions for equity awards used as compensation, particularly for non-employee directors and other eligible participants.