Form 4: Conagra Brands Director Emanuel Chirico Reports Acquisition of Restricted Stock Units

Director Emanuel Chirico reports acquisition of 5,857 restricted stock units and dividend equivalent reinvestment shares in Conagra Brands, Inc.

Summary

• On May 28, 2024, Emanuel Chirico, a director of Conagra Brands, Inc., acquired 5,857 restricted stock units.
• These restricted stock units represent a contingent right to receive one share of Conagra Brands common stock on May 28, 2025, or earlier upon certain events.
• Chirico also acquired 651.77 shares through a dividend equivalent reinvestment feature under the Issuer's Directors' Deferred Compensation Plan since the date of the Reporting Person's last report.
• Following these transactions, Chirico beneficially owns 52,336.4 shares of Conagra Brands common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting stock transactions by a company director. It doesn't inherently convey positive or negative sentiment.

Future Outlook

The restricted stock units will convert to common stock on May 28, 2025, or earlier upon certain events.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to investors regarding the actions of company leadership.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider activity.
• It may have a minor impact on the stock price due to the increased holdings of a company director.

Key Dates