Caseys General Stores Inc (CASY US, +N, 08-Jan-24)

Michael Spanos (Non-Executive since 2022) purchased $200,000 of stock on the 3rd of January at $275.43, increasing his holding by 68%. This is his second purchase since joining, his first was for $100,000 at $220.45 in September 2022 and it’s notable to see him buying in twice the size at this much higher price. 

Whilst he was behind the Director ownership requirement (5x $90k retainer within 5 years of joining) he would have met the obligation purely through awards. He is currently COO of Delta Airlines and was previously CEO of Six Flags.

We are ranking the stock +N.

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