Form 4: Conagra Brands Director Ruth Ann Marshall Acquires Shares Through Deferred Compensation Plan

Conagra Brands, Inc. Director Ruth Ann Marshall reported the acquisition of 1,373.02 shares of common stock at $22.76 per share, stemming from deferred director's fees, increasing her total beneficial ownership.

Summary

• Ruth Ann Marshall, a Director of Conagra Brands, Inc. (CAG), acquired 1,373.02 shares of common stock on June 2, 2025.
• The acquisition was made at a price of $22.76 per share.
• These shares represent deferred director's fees under the Issuer's Directors' Deferred Compensation Plan.
• Following this transaction, Ms. Marshall's direct beneficial ownership stands at 190,450.16 shares.
• Her indirect beneficial ownership, held through a Living Trust, is 3,848.36 shares.
• The direct holdings include 2,666.60 shares acquired through a dividend equivalent reinvestment feature since her last report.
• The indirect holdings include 47.17 shares acquired through dividend reinvestment since her last report.

Sentiment

Score: 6

Explanation: Slightly positive, as it indicates a director's continued accumulation of shares, albeit through a compensation plan rather than an open market purchase, aligning their interests with shareholders.

Positives

• A director's acquisition of shares, even through a deferred compensation plan, can signal confidence in the company's long-term prospects.
• The increase in beneficial ownership aligns the director's interests more closely with those of shareholders.

Future Outlook

The document does not provide any forward-looking statements or guidance regarding the company's future performance or strategic direction.

Industry Context

This Form 4 filing is a routine disclosure of an insider transaction, common across all publicly traded companies. It reflects a director's compensation structure rather than a strategic market move, typical for the consumer staples sector where executive and director compensation often includes equity components.

Stakeholder Impact

• Shareholders: The transaction slightly increases insider ownership, potentially signaling management's alignment with shareholder interests.

Next Steps

• The acquired shares will be distributed to the Reporting Person in accordance with her election under the Directors' Deferred Compensation Plan at a specified future time.

Key Dates

Keywords

Conagra Brands, CAG, Form 4, Insider Transaction, Beneficial Ownership, Director Compensation, Stock Acquisition, Deferred Compensation Plan