Director Mike Spanos buys 300 Casey's (CASY) shares in market trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CASEYS GENERAL STORES INC director Mike Spanos bought 300 shares of Common Stock in an open-market purchase at $665.43 per share. After this trade, he directly owns 4,499 Common shares, including 7 acquired through a dividend reinvestment plan, plus 326 restricted stock units that each convert into one share after vesting at the 2026 annual shareholders meeting.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 300 shares ($199,629)
Net Buy
2 txns
Insider
Spanos Mike
Role
Director
Bought
300 shs ($200K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 300 | $665.43 | $200K |
| holding | Restricted stock units | -- | -- | -- |
Holdings After Transaction:
Common Stock — 4,499 shares (Direct);
Restricted stock units — 326 shares (Direct)
Footnotes (1)
- Includes 7 shares acquired through Dividend Reinvestment Plan. Each restricted stock unit represents the right to receive, following vesting, one share of Common Stock. Non-employee director equity compensation pursuant to terms and conditions of 2025 Stock Incentive Plan. This award will vest in full on the date of Casey's 2026 annual shareholder's meeting.
FAQ
What did Casey's (CASY) director Mike Spanos buy in this Form 4?
Director Mike Spanos bought 300 shares of Casey's Common Stock in an open-market transaction at $665.43 per share. This filing records his purchase and updates his total direct ownership position in the company’s stock.
What restricted stock units does Mike Spanos hold in Casey's (CASY)?
Mike Spanos holds 326 restricted stock units tied to Casey's Common Stock. Each unit represents the right to receive one share after vesting, giving him a future equity stake in addition to his directly owned shares.
When do Mike Spanos’s restricted stock units in Casey's (CASY) vest?
The restricted stock units are scheduled to vest in full on the date of Casey's 2026 annual shareholders meeting. Once vested, each unit converts into one share of Common Stock, increasing his actual share ownership.
How were Mike Spanos’s restricted stock units in Casey's (CASY) granted?
The restricted stock units were granted as non-employee director equity compensation under Casey's 2025 Stock Incentive Plan. This aligns director pay with shareholder interests by tying part of his compensation to the company’s stock performance.