---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-020337"
form_type: "8-K"
ticker: "CAG"
cik: "0000023217"
company_name: "CONAGRA BRANDS INC."
filed_at: "2023-07-20T23:59:59+00:00"
generated_at: "2026-06-13T05:52:17.746270+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Conagra grants CEO Sean Connolly $10M retention performance shares and RSUs

## Summary
- CEO Sean Connolly awarded $8,000,000 target performance shares and $2,000,000 restricted stock units.
- Awards vest over three years; forfeiture if retirement before second anniversary; prorated after year 2.
- Awards excepted from CEO's 2018 retirement arrangement, requiring continued service for vesting.
- Performance shares pay out 0%-200% of target based on financial measures over three-year period.
- Chairman Richard Lenny cited CEO's transformational leadership and high integrity.

## SEC filing metadata
- accession: 0001437749-23-020337
- form_type: 8-K
- ticker: CAG
- cik: 0000023217
- company_name: CONAGRA BRANDS INC.
- filed_at: 2023-07-20T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/23217/000143774923020337/0001437749-23-020337-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/23217/000143774923020337/cag20230719_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-020337
- JSON: https://secwatch.observer/filing/0001437749-23-020337.json
- Plain text: https://secwatch.observer/filing/0001437749-23-020337.txt

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