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Casey's director granted 220 RSUs, 51 shares vest

A Casey’s director received 220 new RSUs and had 51 RSUs vest into 51 common shares as part of non-employee director equity compensation.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

CASEYS GENERAL STORES INC (CASY) director Stanley J. Sutula III reported equity compensation transactions on September 2, 2026. He received a grant of 220 restricted stock units, each representing one share of Common Stock, as non-employee director compensation under the 2025 Stock Incentive Plan; this award will vest in full on the date of Casey's 2027 annual shareholders' meeting. On the same date, 51 previously granted restricted stock units vested under the same plan and were converted into 51 shares of Common Stock acquired directly. No Rule 10b5-1 trading plan is reported for these transactions.

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Negative

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Insider SUTULA STANLEY J III
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 51 $0.00 $0.00
Exercise Common Stock 51 $0.00 $0.00
Holdings After Transaction: Restricted stock units — 220 contracts (Direct); Common Stock — 51 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 shareholders' meeting.
Restricted stock units granted 220 units Non-employee director equity compensation grant on September 2, 2026; each unit represents one share of Common Stock
RSUs vested and converted 51 units Previously granted restricted stock units that vested and were converted into Common Stock on September 2, 2026
Common Stock acquired from RSU conversion 51 shares Shares of Common Stock received upon vesting and conversion of 51 restricted stock units; held directly after September 2, 2026
2027 annual shareholders’ meeting vesting date 2027 annual meeting Date when the 220-unit restricted stock award will vest in full under the 2025 Stock Incentive Plan
2026 annual shareholders’ meeting vesting 2026 annual meeting Date when the prior RSU award of 51 units vested in full before conversion to Common Stock
Restricted stock units financial
"Each restricted stock unit represents the right to receive, following vesting, one share"
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 equity awards did CASY director Stanley J. Sutula III receive on September 2, 2026?

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

When will the 220 restricted stock units granted to the CASY director vest?

The 220 restricted stock units granted to the director will vest in full on the date of Casey’s 2027 annual shareholders’ meeting, according to the terms of the award under the 2025 Stock Incentive Plan.

What happened to the 51 restricted stock units reported in the CASY Form 4?

On September 2, 2026, 51 restricted stock units from a prior non-employee director award vested in full on the date of Casey’s 2026 annual shareholders’ meeting and were converted into 51 shares of Common Stock held directly.

Were the CASY director’s September 2, 2026 transactions made under a Rule 10b5-1 plan?

No. The filing indicates the Rule 10b5-1 checkbox is not marked, and there is no footnote stating the transactions were made pursuant to a Rule 10b5-1 trading plan.

Does the CASY Form 4 show the director buying or selling shares on the market?

No market purchases or sales are reported. The Form 4 shows equity compensation events: a grant of 220 restricted stock units and the vesting and conversion of 51 restricted stock units into 51 shares of Common Stock.

What plan governs the CASY director’s restricted stock unit awards?

Both the new 220 restricted stock unit grant and the 51-unit vested award are described as non-employee director equity compensation pursuant to the terms and conditions of Casey’s 2025 Stock Incentive Plan.

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

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
SUTULA STANLEY J III

(Last)(First)(Middle)
10 TREE FARM LANE

(Street)
BROOKFIELD CONNECTICUT 06804

(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)
XDirector10% 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)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock09/02/2026M51A$051D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted stock units(1)09/02/2026A220 (2) (2)Common Stock220$0220D
Restricted stock units(1)09/02/2026M51 (3) (3)Common Stock51$00D
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 shareholders' meeting.
Remarks:
Erika Bertrand, under Power of Attorney dated May 14, 202609/04/2026
** Signature of Reporting PersonDate
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)

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