Caseys General Stores (CASY) executive compensation, 2026 proxy

Darren M. Rebelez, President and Chief Executive, was paid $14.7M in fiscal 2026, up 38% from $10.7M the year before. The CEO-to-median-employee pay ratio was 735:1, on median employee pay of $20,065.

Filed
July 22, 2026
Annual meeting
September 2, 2026
Pay year
fiscal 2026
Named executives
5
CEO total pay
$14.7M+38% vs prior year
CEO to median employee
735:1median $20,065
CEO pay in equity
65%$9.6M in awards
AIP payout
161% of targetFY26
LTIP payout
250% of targetFY24–FY26 performance period
CEO at-risk pay
89%Target direct compensation mix
PSU portion of LTIP
75%Performance-based equity
Record EBITDA
$1.48 billionFY26

How Rebelez was paid

$14.7M in total for fiscal 2026, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary9%Stock awards65%Non-equity incentive22%All other compensation3%

Named executive officers

ExecutiveTotal
Darren M. RebelezPresident and Chief Executive$14,741,268
Stephen P. Bramlage, Jr.Chief Financial Officer$4,949,310
Ena WilliamsChief Operating Officer$5,138,191
Thomas P. Brennan, Jr.Chief Merchandising Officer$3,230,551
Chad M. FrazellChief Human Resources Officer$3,018,179

What changed and why

  • 161%161% of target was paid under the FY26 annual incentive program after exceptional company financial performance.
  • 60%60% of annual incentive weighting was EBITDA and 40% was same-store sales growth.
  • 75%75% of long-term incentive value was PSUs, split equally between ROIC and EBITDA.
  • 250%250% of target was the FY24–FY26 LTIP payout after the TSR modifier.
  • 89%89% of the CEO’s target direct compensation was at risk.
  • 98.0%FY26 pay program was substantially unchanged from FY25, which received 98.0% prior say-on-pay support.

Other Caseys General Stores proxy statements

  • 2025 proxy statement

    Darren M. Rebelez paid $10.7M (+1% on the year), pay ratio 589:1.

    Filed Jul 23, 2025

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.