Casey’s (CASY) CFO logs RSU vesting, stock grant and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Casey’s General Stores Chief Financial Officer Stephen P. Bramlage Jr. reported compensation-related equity activity on June 15, 2026. He received a grant of 15,206 shares of Common Stock under the company’s stock incentive plan and had several performance-based restricted stock units vest into common shares.
To cover tax obligations, 7,278 shares of Common Stock were withheld at $872.39 per share, which the filing describes as payment of tax liability by delivering securities. Following these transactions, he holds 35,377 shares of Common Stock directly, plus 835 restricted stock units and 406 shares of Common Stock through 401k plan voting and tender rights.
Positive
- None.
Negative
- None.
Insights
Routine equity grants and RSU vesting, with tax withholding, show compensation activity rather than directional trading.
The filing shows Casey’s CFO receiving 15,206 shares of Common Stock as an award under stock incentive plans, along with performance-based RSUs vesting into common shares. These are compensation-driven events, not open-market purchases or sales.
A tax-withholding disposition of 7,278 shares at $872.39 per share covered related obligations, which is standard practice and not an investment decision. After these entries, he reports 35,377 common shares held directly plus ongoing RSU and 401k-related interests, indicating a continued equity stake.
Insider Trade Summary
1,655 shares exercised/converted
Mixed
10 txns
Insider
Bramlage Stephen P JR
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted stock units | 676 | $0.00 | -- |
| Exercise | Restricted stock units | 487 | $0.00 | -- |
| Exercise | Restricted stock units | 492 | $0.00 | -- |
| Grant/Award | Common Stock | 15,206 | $0.00 | -- |
| Exercise | Common Stock | 676 | $0.00 | -- |
| Exercise | Common Stock | 487 | $0.00 | -- |
| Exercise | Common Stock | 492 | $0.00 | -- |
| Tax Withholding | Common Stock | 7,278 | $872.39 | $6.35M |
| holding | Restricted stock units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted stock units — 0 shares (Direct, null);
Common Stock — 41,000 shares (Direct, null);
Common Stock — 406 shares (Indirect, Voting and tender rights under 401k plan)
Footnotes (1)
- Represents the number of shares of Common Stock earned upon the vesting of performance-based restricted stock units under Casey's 2024 fiscal year long-term incentive compensation program. Closing price of Casey's General Stores, Inc. Common Stock on June 15, 2026. Allocated to 401k plan account as of April 30, 2026. Does not include any shares allocated by the plan trustee after that date. Each restricted stock unit represents the right to receive, following vesting, one share of Common Stock. Pursuant to terms and conditions of 2018 Stock Incentive Plan. This award vested on June 15, 2026. Not included in the reported award amount is a target amount of performance-based restricted stock units that vested 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 is reflected above. 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. 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. 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
Stock award: 15,206 shares Common Stock
Tax-withholding shares: 7,278 shares Common Stock
Tax-withholding price: $872.39 per share
+4 more
7 metrics
Stock award
15,206 shares Common Stock
Grant/award acquisition on June 15, 2026
Tax-withholding shares
7,278 shares Common Stock
Shares delivered for tax liability at $872.39 per share
Tax-withholding price
$872.39 per share
Closing price of Common Stock on June 15, 2026
Direct common holdings
35,377 shares
Common Stock held directly following transactions
Restricted stock units remaining
835 units
RSUs outstanding after reported conversions
401k-related shares
406 shares
Voting and tender rights under 401k plan as of April 30, 2026
RSU exercises
1,655 shares
Total shares from derivative exercises (M-code) in summary
Key Terms
Restricted stock units, tax-withholding disposition, 2018 Stock Incentive Plan, 2025 Stock Incentive Plan, +2 more
6 terms
Restricted stock units financial
"security_title: "Restricted stock units" and footnote "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.
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" with code F for 7,278 Common Stock shares."
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
2018 Stock Incentive Plan financial
"Footnotes reference "terms and conditions of 2018 Stock Incentive Plan" for certain awards and vesting."
2025 Stock Incentive Plan financial
"Footnote states "terms and conditions of the 2025 Stock Incentive Plan" for awards vesting in 2027–2029."
performance-based restricted stock units financial
"Footnotes describe "performance-based restricted stock units" earned under the 2024 fiscal year long-term incentive compensation program."
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
"Footnote notes shares "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
What equity awards did Casey’s (CASY) CFO report in this Form 4?
The CFO reported a grant of 15,206 shares of Common Stock under Casey’s stock incentive plan, along with performance-based restricted stock units that vested into common shares, reflecting routine long-term incentive compensation rather than open-market buying or selling activity.
What are the Casey’s (CASY) CFO’s direct Common Stock holdings after these transactions?
After the reported transactions, the CFO holds 35,377 shares of Casey’s Common Stock directly. This figure reflects the net result of equity awards, RSU vesting, and tax-withholding dispositions disclosed for June 15, 2026 in the Form 4.
How many restricted stock units does the Casey’s (CASY) CFO hold after vesting?
Following the RSU-related transactions, the CFO reports holding 835 restricted stock units. Each unit represents the right to receive one share of Common Stock upon vesting, as described in the footnotes to the Form 4 filing.
What indirect Casey’s (CASY) holdings through the 401k plan are disclosed?
The Form 4 reports 406 shares of Common Stock associated with the CFO’s 401k plan account, described as voting and tender rights under the 401k plan. These shares were allocated to the account as of April 30, 2026.
Do the Casey’s (CASY) Form 4 transactions involve open-market stock sales by the CFO?
No open-market sales are reported. The disposition shown is an F-code tax-withholding event of 7,278 shares at $872.39 per share, used to satisfy tax liabilities associated with equity compensation rather than discretionary selling in the market.