Casey's director granted 220 restricted stock units
Director Judy Schmeling received new RSUs and converted vested units into common stock at CASEYS GENERAL STORES INC.
Rhea-AI Filing Summary
CASEYS GENERAL STORES INC (CASY) director Judy Schmeling reported equity compensation activity on September 2, 2026. She received a grant of 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, reflecting a prior award that vested in full at Casey's 2026 annual shareholders' meeting. Following the conversion, she directly held 5,314 shares of Common Stock; no Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
326 shares exercised/converted
Exercise
3 txns
Insider
SCHMELING JUDY
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 — 0 contracts (Direct);
Common Stock — 5,314 shares (Direct)
Footnotes (3)
- F1. Each restricted stock unit represents the right to receive, following vesting, one share of Common Stock.
- 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.
- 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
New RSU grant: 220 restricted stock units
Vested RSUs converted: 326 restricted stock units
Common Stock acquired via conversion: 326 shares
+3 more
6 metrics
New RSU grant
220 restricted stock units
Non-employee director equity compensation granted September 2, 2026; vests at 2027 annual meeting
Vested RSUs converted
326 restricted stock units
Vested in full at Casey's 2026 annual shareholders' meeting and converted into Common Stock
Common Stock acquired via conversion
326 shares
Shares of Common Stock received upon RSU vesting and conversion on September 2, 2026
Post-transaction Common Stock holdings
5,314 shares
Directly held by Judy Schmeling after the September 2, 2026 RSU conversion
RSU-to-share ratio
1 share per RSU
Each restricted stock unit represents the right to receive one share of Common Stock after vesting
RSU grant vesting date
2027 annual shareholders' meeting
New 220-unit RSU award vests in full on that date under the 2025 Stock Incentive Plan
Key Terms
Restricted stock units, Common Stock, Non-employee director, 2025 Stock Incentive Plan
4 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.
Common Stock financial
"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"
2025 Stock Incentive Plan financial
"pursuant to terms and conditions of 2025 Stock Incentive Plan."
FAQ
What equity award did CASY director Judy Schmeling receive in this Form 4?
Judy Schmeling received a grant of 220 restricted stock units as non-employee director equity compensation under Casey's 2025 Stock Incentive Plan. This award will vest in full on the date of Casey's 2027 annual shareholders' meeting.
What previously granted CASY RSUs vested for Judy Schmeling on September 2, 2026?
On September 2, 2026, 326 restricted stock units vested for Judy Schmeling as non-employee director equity compensation. The filing states this award vested in full on the date of Casey's 2026 annual shareholders' meeting and was then converted into Common Stock.
What is Judy Schmeling's CASY common stock holding after these transactions?
After the September 2, 2026 transactions, Judy Schmeling directly held 5,314 shares of CASEYS GENERAL STORES INC Common Stock. This figure reflects the shares received from the vested restricted stock units reported in the filing.
Are Judy Schmeling's CASY transactions under a Rule 10b5-1 trading plan?
No. The Form 4 indicates that no Rule 10b5-1 trading plan is reported for these transactions. The equity activities consist of a director RSU grant and the vesting and conversion of previously awarded restricted stock units.
What does each CASY restricted stock unit reported for Judy Schmeling represent?
Each restricted stock unit reported for Judy Schmeling represents the right to receive, following vesting, one share of Common Stock of CASEYS GENERAL STORES INC, according to the footnote describing the RSU terms.
AI-generated analysis. How Rhea-AI works. Not financial advice.
