Casey’s director buys 256 shares in open market
Casey’s General Stores director Mike Spanos reported an open-market purchase of 256 shares of Common Stock at $778.81 per share.
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Form Type
4
Rhea-AI Filing Summary
Casey’s General Stores director Mike Spanos reported an open-market purchase of 256 shares of Common Stock at $778.81 per share. Following this transaction, he directly holds 4,758 Common shares, including 3 shares acquired under the company’s Dividend Reinvestment Plan, plus 326 restricted stock units that each convert into one share and are scheduled to vest in full on the date of Casey’s 2026 annual shareholders’ meeting.
Insider Trade Summary
Net Buyer: 256 shares
Net Buy
2 txns
Insider
Spanos Mike
Role
Director
Bought
256 shs ($199K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 256 | $778.81 | $199K |
| holding | Restricted stock units | -- | -- | -- |
Holdings After Transaction:
Common Stock — 4,758 shares (Direct);
Restricted stock units — 326 contracts (Direct)
Footnotes (3)
- F1. Includes 3 shares acquired under Casey's General Stores, Inc. Dividend Reinvestment Plan.
- F2. Each restricted stock unit represents the right to receive, following vesting, one share of Common Stock.
- F3. 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 shareholder's meeting.
Key Figures
Shares purchased: 256 shares
Purchase price: $778.81 per share
Common shares held after: 4,758 shares
+3 more
6 metrics
Shares purchased
256 shares
Open-market Common Stock purchase on June 26, 2026
Purchase price
$778.81 per share
Open-market Common Stock transaction
Common shares held after
4,758 shares
Direct ownership following the reported transaction
Restricted stock units
326 units
Each unit represents one Common share after vesting
DRIP shares included
3 shares
Acquired under Casey’s Dividend Reinvestment Plan
RSU exercise price
$0.00
Restricted stock units with no exercise price
Key Terms
Restricted stock units, Dividend Reinvestment Plan, 2025 Stock Incentive Plan, non-employee director equity compensation
4 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.
Dividend Reinvestment Plan financial
"Includes 3 shares acquired under Casey's General Stores, Inc. Dividend Reinvestment Plan."
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
2025 Stock Incentive Plan financial
"Non-employee director 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 of 2025 Stock Incentive Plan."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Casey's (CASY) director Mike Spanos report?
Director Mike Spanos reported buying 256 shares of Casey’s Common Stock in an open-market transaction at $778.81 per share. This Form 4 filing reflects a straightforward insider share purchase rather than option exercises, gifts, or tax-related share dispositions.
What restricted stock units (RSUs) does Mike Spanos hold in Casey's (CASY)?
Mike Spanos holds 326 restricted stock units tied to Casey’s Common Stock. Each RSU represents the right to receive one share after vesting, and this director equity award is scheduled to vest in full on the date of Casey’s 2026 annual shareholders’ meeting.
Is Mike Spanos’s Casey's (CASY) equity award part of a stock incentive plan?
Yes. The 326 restricted stock units are non-employee director equity compensation granted under the Casey’s General Stores 2025 Stock Incentive Plan. According to the filing, the award will fully vest on the date of Casey’s 2026 annual shareholders’ meeting, subject to plan terms.
Does the Casey's (CASY) Form 4 mention dividend reinvestment for Mike Spanos?
Yes. The filing notes that Spanos’s direct holdings include 3 shares acquired under Casey’s General Stores, Inc. Dividend Reinvestment Plan. This indicates a small portion of his total 4,758 Common shares came from automatically reinvesting dividends into additional stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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