Form 4: Conagra Brands Executive Carey Bartell Reports RSU Vesting and Share Transactions

Conagra Brands' EVP, General Counsel, and Corporate Secretary, Carey Bartell, reported the vesting of restricted stock units and subsequent share transactions, including shares withheld for taxes.

Summary

• Carey Bartell, EVP, GC and Corp. Secretary of Conagra Brands Inc. (CAG), reported changes in beneficial ownership of company securities.
• Acquired 5,481 shares of Common Stock at a price of $0, resulting from the vesting of Restricted Stock Units (RSUs).
• Disposed of 2,429 shares of Common Stock at a price of $19.3 per share, which were withheld for tax purposes.
• Following these transactions, the direct beneficial ownership of Common Stock is 45,654 shares.
• 5,481 Restricted Stock Units (RSUs) were converted into common stock on July 24, 2025.
• An additional 10,962 Restricted Stock Units remain beneficially owned, which will vest in future tranches.

Sentiment

Score: 7

Explanation: The filing indicates a routine executive compensation event involving the vesting of equity awards and subsequent tax withholding. This is a neutral to slightly positive event as it shows executive alignment with shareholder interests through equity ownership, with no negative implications beyond standard tax-related dispositions.

Positives

• Executive Carey Bartell's beneficial ownership of Conagra Brands common stock increased by a net of 3,052 shares (5,481 acquired minus 2,429 disposed for taxes), aligning executive interests with shareholder value.
• The vesting of Restricted Stock Units indicates the achievement of performance or time-based conditions for executive compensation.

Negatives

• 2,429 shares were disposed of to cover tax obligations, which is a common and expected practice for RSU vesting.

Future Outlook

The remaining 10,962 Restricted Stock Units are scheduled to vest in two future tranches: 33.33% on July 24, 2026, and 33.34% on July 24, 2027.

Industry Context

This filing represents a routine executive compensation event within the consumer packaged goods industry, reflecting standard practices for equity-based incentives.

Stakeholder Impact

• Shareholders: Executive's increased equity ownership aligns their interests with shareholder value creation.

Next Steps

• Future vesting of remaining Restricted Stock Units on July 24, 2026, and July 24, 2027.

Key Dates

Keywords

Conagra Brands, CAG, SEC Form 4, Insider Trading, Restricted Stock Units, RSU Vesting, Executive Compensation, Share Ownership, Carey Bartell