CASY CLO sells 2,000 shares at $506; retains stake & RSUs

Q: How many Casey's (CASY) shares did the Chief Legal Officer sell?

2,000 common shares were sold on 17 Jun 2025 at $506.07 each.

Q: What price did the insider receive for the CASY shares sold?

The disclosed sale price was $506.07 per share .

Q: How many CASY shares does the insider own after the transactions?

Direct holdings are 4,239 shares, plus 168 indirect 401(k) shares.

Q: What equity awards remain un-vested for the reporting person?

A total of 1,619 restricted stock units vesting between 2026-2028 remain outstanding.

[Form 4] Casey's General Stores Inc Insider Trading Activity

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Casey鈥檚 General Stores (CASY) 鈥� Form 4 insider transaction

Chief Legal Officer Katrina S. Lindsey reported two transactions dated 17 Jun 2025:

Sale: 2,000 common shares at $506.07 each (鈮� $1.0 million gross proceeds). Direct ownership fell from 6,636 to 4,636 shares.
Gift: 397 common shares at no consideration, reducing direct holdings to 4,239 shares.

In addition, Lindsey holds 168 indirect shares through the 401(k) plan.

Un-vested equity incentives shown in Table II remain unchanged:

316 RSUs (vest remainder 15 Jun 2026)
490 RSUs (vest remainder 15 Jun 2026-2027)
813 RSUs (vest remainder 15 Jun 2026-2028)

Total un-vested RSUs: 1,619 shares, all directly held. Performance-based RSU tranches are excluded pending future vesting.

Following the reported transactions Lindsey鈥檚 aggregate beneficial ownership equals 4,407 shares (direct + indirect) plus 1,619 RSUs, indicating continued alignment with shareholders despite the partial sale.

Positive

Officer retains 4,407 directly and indirectly held shares plus 1,619 RSUs, indicating continued equity alignment with shareholders.
Multi-year RSU awards create long-term performance incentives through 2028.

Negative

Sale of 2,000 shares at $506.07 (鈮� $1 million) reduces the officer鈥檚 stake by roughly one-third, a potential negative sentiment signal.
397-share gift further lowers direct ownership, though the recipient and purpose are undisclosed.

Insights

TL;DR: $1 m sale trims stake; officer still retains >4 k shares and 1.6 k RSUs鈥攐verall neutral signal.

The sale represents roughly 32% of the officer鈥檚 pre-transaction direct holdings, a moderate reduction. No other executives are involved, and there is no indication of broad insider selling. The price achieved ($506.07) sits near recent 52-week highs, suggesting opportunistic profit-taking. Importantly, Lindsey keeps 4,407 owned shares and 1,619 RSUs, preserving meaningful exposure to CASY鈥檚 equity. Because the Form 4 contains no operational or financial data, the transaction鈥檚 impact on fundamental valuation is negligible and liquidity effects immaterial.

TL;DR: Insider sale is sizeable but balanced by ongoing equity incentives; governance risk minimal.

From a governance standpoint, a C-suite member disposing of 2,000 shares鈥攁nd gifting 397鈥攃ould raise headline concerns. However, Lindsey remains subject to Casey鈥檚 stock ownership guidelines and continues to hold well above typical policy thresholds for her role. The presence of multi-year, time-based and performance-based RSUs ensures future alignment. No Rule 10b5-1 plan is cited for the sale, but the absence alone is not a red-flag. Hence, I view the disclosure as slightly negative sentiment-wise, yet not materially harmful to shareholder interests.

06/20/2025 - 01:20 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Lindsey Katrina S

(Last)

(First)

(Middle)

ONE SE CONVENIENCE BLVD.

(Street)

ANKENY

50021

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
CASEYS GENERAL STORES INC [ CASY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Legal Officer

3. Date of Earliest Transaction (Month/Day/Year)
06/17/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	06/17/2025		S		2,000	D	$506.07	4,636	D
Common Stock	06/17/2025		G		397	D	$0	4,239	D
Common Stock								168⁽¹⁾	I	Voting and tender rights under 401k plan

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted stock units	⁽²⁾							⁽³⁾	⁽³⁾	Common Stock	316		316	D
Restricted stock units	⁽²⁾							⁽⁴⁾	⁽⁴⁾	Common Stock	490		490	D
Restricted stock units	⁽²⁾							⁽⁵⁾	⁽⁵⁾	Common Stock	813		813	D

Explanation of Responses:

1. Allocated to 401k plan account as of April 30, 2025. Does not include any shares allocated by the plan trustee after that date.

2. Each restricted stock unit represents the right to receive, following vesting, one share of Common Stock.

3. Pursuant to terms and conditions of 2018 Stock Incentive Plan. The remainder of this award will vest on June 15, 2026. Not included in the reported award amount is a target amount of performance-based restricted stock units that will vest on June 15, 2026, but which are subject to the satisfaction of certain performance criteria other than solely the price of Casey's Common Stock; the final amount of shares earned, if any, will be reported upon vest and satisfaction of those performance measures.

4. Pursuant to the terms and conditions of the 2018 Stock Incentive Plan. The remainder of this award will vest in equal installments on June 15, 2026 and June 15, 2027. Not included in the reported award amount is a target amount of performance-based restricted stock units that will vest on June 15, 2027, but which are subject to the satisfaction of certain performance criteria other than solely the price of Casey's Common Stock; the final amount of shares earned, if any, will be reported upon vest and satisfaction of those performance measures.

5. Pursuant to terms and conditions of 2018 Stock Incentive Plan. This award will vest in equal installments on June 15, 2026, June 15, 2027 and June 15, 2028. Not included in the reported award amount is a target amount of performance-based restricted stock units that will vest on June 15, 2028, but which are subject to the satisfaction of certain performance criteria other than solely the price of Casey's Common Stock; the final amount of shares earned, if any, will be reported upon vest and satisfaction of those performance measures.

Remarks:

	Scott Faber, under Power of Attorney dated December 17, 2021	06/18/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source:

FAQ

How many Casey's (CASY) shares did the Chief Legal Officer sell?

2,000 common shares were sold on 17 Jun 2025 at $506.07 each.

What price did the insider receive for the CASY shares sold?

The disclosed sale price was $506.07 per share.

How many CASY shares does the insider own after the transactions?

Direct holdings are 4,239 shares, plus 168 indirect 401(k) shares.

What equity awards remain un-vested for the reporting person?

A total of 1,619 restricted stock units vesting between 2026-2028 remain outstanding.

Did the Form 4 mention a Rule 10b5-1 trading plan?

No, the filing does not indicate the sale was executed under a Rule 10b5-1 plan.

AG真人官方

[Form 4] Casey's General Stores Inc Insider Trading Activity

Insights

FAQ

How many Casey's (CASY) shares did the Chief Legal Officer sell?

What price did the insider receive for the CASY shares sold?

How many CASY shares does the insider own after the transactions?

What equity awards remain un-vested for the reporting person?

Did the Form 4 mention a Rule 10b5-1 trading plan?

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[Form 4] Casey's General Stores Inc Insider Trading Activity

Insights

Securities Analyst neutral

Corporate Governance Expert negative

FAQ

How many Casey's (CASY) shares did the Chief Legal Officer sell?

What price did the insider receive for the CASY shares sold?

How many CASY shares does the insider own after the transactions?

What equity awards remain un-vested for the reporting person?

Did the Form 4 mention a Rule 10b5-1 trading plan?

NASDAQ:CASY

CASY Rankings

CASY Latest News

CASY Latest SEC Filings

CASY Stock Data