Form 4: Conagra Brands Director Thomas K. Brown Reports Acquisition of Common Stock

Director Thomas K. Brown reports acquisition of 5,857 shares of Conagra Brands common stock and owns 42,093 shares as of May 28, 2024.

Summary

• On May 28, 2024, Thomas K. Brown, a director of Conagra Brands Inc., acquired 5,857 shares of common stock.
• This acquisition increased his total holdings to 42,093 shares.
• The shares were acquired directly.
• Mr. Brown also holds restricted stock units, each representing a contingent right to receive one share of Conagra Brands common stock on May 28, 2025, or earlier upon certain events.
• The report also includes 178 shares acquired through dividend reinvestment since the last report.

Sentiment

Score: 5

Explanation: Neutral sentiment as it is a standard disclosure of stock acquisition by a company director.

Positives

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

Future Outlook

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

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, such as directors and officers, in their own company's stock.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder confidence.

Key Dates