---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-22-027452"
form_type: "8-K"
ticker: "CASY"
cik: "0000726958"
company_name: "CASEYS GENERAL STORES INC"
filed_at: "2022-07-29T23:59:59+00:00"
generated_at: "2026-06-24T07:07:01.985232+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Casey's extends CEO Darren M. Rebelez's contract through June 2025 with pay raise and enhanced severance

## Summary
- Base salary set at $1,150,000; target annual bonus opportunity 150% of base salary.
- Annual long-term incentive award target raised to $6,125,000 grant date value per year.
- Employment term extended through June 24, 2025, with automatic one-year renewals.
- New severance: upon termination without cause or for good reason, prorated target bonus plus accelerated vesting of pro-rata time-based RSUs.
- Agreement amends and restates the May 2019 employment agreement; prior terms substantially similar except for enhanced severance.

## SEC filing metadata
- accession: 0001140361-22-027452
- form_type: 8-K
- ticker: CASY
- cik: 0000726958
- company_name: CASEYS GENERAL STORES INC
- filed_at: 2022-07-29T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/726958/000114036122027452/0001140361-22-027452-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/726958/000114036122027452/brhc10040130_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-22-027452
- JSON: https://secwatch.observer/filing/0001140361-22-027452.json
- Plain text: https://secwatch.observer/filing/0001140361-22-027452.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.