Dollar General (NYSE: DG) EVP granted 5,704 restricted stock units in new award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Wheeler Bryan D reported acquisition or exercise transactions in this Form 4 filing.
Dollar General EVP & Chief Merchandising Officer Bryan D. Wheeler received an equity award of 5,704 restricted stock units of common stock. These RSUs represent the right to receive shares upon vesting and were granted at no cash cost per share as part of his compensation.
The restricted stock units vest in three equal annual installments of 33 1/3% beginning on April 1, 2027, subject to forfeiture and potential accelerated vesting conditions. After this grant, Wheeler holds 30,041 shares of Dollar General common stock directly, showing his ongoing equity stake in the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Wheeler Bryan D
Role
EVP & Chief Merchandising Ofc
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,704 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 30,041 shares (Direct)
Footnotes (1)
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Key Figures
RSU grant size: 5,704 units
Vesting schedule: 33 1/3% annually
Shares after transaction: 30,041 shares
+2 more
5 metrics
RSU grant size
5,704 units
Restricted stock units granted to EVP Bryan D. Wheeler
Vesting schedule
33 1/3% annually
Three annual installments beginning April 1, 2027
Shares after transaction
30,041 shares
Total direct Dollar General common stock holdings post-award
Grant price per share
$0.0000 per share
RSUs granted at no cash cost as compensation
Transaction code
A
Grant, award, or other acquisition of common stock
Key Terms
restricted stock units, forfeiture, accelerated vesting provisions, grant, award, or other acquisition
4 terms
restricted stock units financial
"Restricted stock units representing the right to receive shares of common stock upon vesting."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
forfeiture financial
"subject to certain forfeiture and accelerated vesting provisions."
accelerated vesting provisions financial
"subject to certain forfeiture and accelerated vesting provisions."
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What did Dollar General (DG) executive Bryan Wheeler report in this Form 4?
Bryan Wheeler reported receiving 5,704 restricted stock units of Dollar General common stock as compensation. These units convert into shares only as they vest over time, increasing his long-term equity exposure to the company.
Is Bryan Wheeler’s Dollar General (DG) transaction a stock purchase or sale?
The transaction is an equity award, not an open-market purchase or sale. Wheeler received 5,704 restricted stock units at no cash price per share as part of his compensation package, subject to future vesting conditions.
How do the 5,704 restricted stock units for Dollar General (DG) vest?
The 5,704 restricted stock units vest in three equal annual installments of 33 1/3% starting April 1, 2027. Each year, one-third of the units converts into common shares, assuming vesting conditions are met and units are not forfeited.
What are Bryan Wheeler’s total Dollar General (DG) holdings after this award?
After this award, Bryan Wheeler directly holds 30,041 shares of Dollar General common stock. This figure reflects his position following the grant of 5,704 restricted stock units, underscoring his ongoing alignment with shareholder interests.
Do the Dollar General (DG) restricted stock units have forfeiture or acceleration terms?
Yes. The restricted stock units are subject to forfeiture and accelerated vesting provisions. This means the units can be lost under certain conditions or may vest earlier than scheduled if specific events defined in the award terms occur.
Does this Dollar General (DG) Form 4 indicate any insider selling activity?
No. The Form 4 shows only a grant of 5,704 restricted stock units to Bryan Wheeler. There are no reported open-market sales or dispositions in this filing, making it a routine compensation-related equity award.