Form 4: Conagra Brands Director Fran Horowitz Reports Acquisition of Common Stock

Sentiment:

SEC Form 4 Filing


Director Fran Horowitz reports acquisition of 5,857 shares of Conagra Brands common stock and owns 19,913 shares after the transaction.

Summary

  • On May 28, 2024, Fran Horowitz, a director of Conagra Brands Inc., acquired 5,857 shares of common stock.
  • These shares were obtained through the vesting of restricted stock units.
  • Following the transaction, Horowitz directly owns 19,913 shares of Conagra Brands.
  • This total includes 178 shares acquired through dividend reinvestment since the last report.
  • Horowitz also has a contingent right to receive shares of common stock on May 28, 2025, or earlier upon certain events, represented by restricted stock units.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard disclosure of stock acquisition by a director, which doesn't inherently indicate positive or negative sentiment.

Positives

  • The acquisition of shares by a director may signal confidence in the company's future performance.

Future Outlook

The director holds restricted stock units that will vest on May 28, 2025, or earlier upon certain events.

Industry Context

This filing is a routine disclosure of insider transactions, which are closely monitored by investors for signals about management's confidence in the company's prospects. It is a standard practice for directors and officers to receive and trade company stock.

Stakeholder Impact

  • The transaction could have a minor positive impact on shareholder sentiment, as it indicates a director's investment in the company.

Key Dates

DateDescription
June 20, 2023Date of execution for the Power of Attorney.
May 28, 2024Date of transaction: acquisition of Conagra Brands common stock.
May 28, 2025Date when restricted stock units represent a contingent right to receive one share of the Issuer's common stock.
May 30, 2024Date of report.

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