Casey's director awarded 220 RSUs, 326 vest

Casey’s General Stores director David K. Lenhardt received new RSUs and saw prior RSUs vest into common stock as part of non‑employee director equity compensation.

Rhea-AI Filing Summary

CASEYS GENERAL STORES INC (CASY) reported that director David K. Lenhardt received an equity grant and a vesting event on September 2, 2026. He was granted 220 restricted stock units 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 restricted stock units vested and were converted into 326 shares of Common Stock, also under the 2025 Stock Incentive Plan. Following these transactions, he directly owns 5,380 shares of Common Stock. No Rule 10b5‑1 trading plan is indicated.

Insider Trade Summary

326 shares exercised/converted

Exercise 3 txns

Insider LENHARDT DAVID K

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 — 5,380 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

RSU grant: 220 restricted stock units RSUs vested and converted: 326 restricted stock units / 326 shares of Common Stock Common Stock holdings after transaction: 5,380 shares +2 more

5 metrics

RSU grant 220 restricted stock units Non-employee director equity compensation grant on September 2, 2026

RSUs vested and converted 326 restricted stock units / 326 shares of Common Stock Vested and converted on September 2, 2026 at Casey’s 2026 annual shareholders’ meeting

Common Stock holdings after transaction 5,380 shares Direct ownership by David K. Lenhardt following the September 2, 2026 transactions

RSU-to-share ratio 1.0 share per restricted stock unit Each RSU represents the right to receive one share of Common Stock after vesting

New RSU vesting date Casey’s 2027 annual shareholders’ meeting Full vesting date for the 220 newly granted RSUs

Key Terms

Restricted stock units, 2025 Stock Incentive Plan, non-employee director equity compensation

3 terms

Restricted stock units financial

"Each restricted stock unit represents the right to receive, following vesting"

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

"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"

FAQ

What insider equity transactions did CASY director David K. Lenhardt report?

He reported a grant of 220 restricted stock units and the vesting and conversion of 326 restricted stock units into 326 shares of Common Stock on September 2, 2026, as part of non-employee director equity compensation under the 2025 Stock Incentive Plan.

How many CASY shares does David K. Lenhardt hold after these transactions?

After the reported transactions, David K. Lenhardt directly owns 5,380 shares of Common Stock of Casey’s General Stores Inc., reflecting the RSUs that vested and were converted into shares on September 2, 2026.

What new restricted stock unit award did CASY grant to David K. Lenhardt?

He received a new award of 220 restricted stock units as non-employee director equity compensation under the 2025 Stock Incentive Plan. Each restricted stock unit represents the right to receive one share of Common Stock following vesting.

When will David K. Lenhardt’s new CASY RSU grant vest?

The new grant of 220 restricted stock units to David K. Lenhardt will vest in full on the date of Casey’s 2027 annual shareholders’ meeting, according to the terms disclosed for the non-employee director equity compensation.

What RSUs vested for CASY director David K. Lenhardt in 2026?

On September 2, 2026, 326 restricted stock units vested in full for David K. Lenhardt under the 2025 Stock Incentive Plan, coinciding with Casey’s 2026 annual shareholders’ meeting, and were converted into 326 shares of Common Stock.

Were David K. Lenhardt’s CASY transactions made under a Rule 10b5-1 plan?

The filing indicates no Rule 10b5‑1 trading plan; the document-level checkbox for such a plan is not marked as true, and the related footnotes describe only non-employee director equity compensation terms.

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

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Available on EDGAR 09/04/2026 - 06:00 PM Accepted by SEC EDGAR 09/04/2026 - 06:00 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^*

LENHARDT DAVID K

(Last) (First) (Middle)

5320 EAST PALO VERDE DRIVE

(Street)

PARADISE VALLEY ARIZONA 85253

(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	5,380	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:

Ex. 24 - Power of Attorney

	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)