Dollar General (NYSE: DG) SVP awarded 3,523 restricted stock units in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ELLIOTT ANITA C reported acquisition or exercise transactions in this Form 4 filing.
Dollar General senior vice president and chief accounting officer Anita C. Elliott received a grant of 3,523 restricted stock units of common stock. These units vest in three equal annual installments of 33 1/3% beginning on April 1, 2027, subject to forfeiture and potential accelerated vesting. Following this equity award, she directly holds 36,271 shares of Dollar General common stock. This transaction reflects stock-based compensation rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
ELLIOTT ANITA C
Role
SVP & Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,523 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 36,271 shares (Direct)
Footnotes (1)
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Key Figures
RSU grant size: 3,523 restricted stock units
Post-transaction holdings: 36,271 shares
Vesting start date: April 1, 2027
+1 more
4 metrics
RSU grant size
3,523 restricted stock units
Equity award reported on Form 4
Post-transaction holdings
36,271 shares
Common stock held directly after transaction
Vesting start date
April 1, 2027
First vesting of RSUs in three annual installments
Reported grant price
$0.00 per share
Compensation-related RSU award, non-cash
Key Terms
restricted stock units, vest in three annual installments, forfeiture and accelerated vesting provisions, Form 4
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.
vest in three annual installments financial
"The restricted stock units vest in three annual installments of 33 1/3% beginning April 1, 2027"
forfeiture and accelerated vesting provisions financial
"subject to certain forfeiture and accelerated vesting provisions."
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Dollar General (DG) report for Anita C. Elliott?
Dollar General reported that Anita C. Elliott, SVP and Chief Accounting Officer, received 3,523 restricted stock units as an equity award. These RSUs represent future shares of common stock that will vest over time as part of her compensation package.
How do the new Dollar General (DG) restricted stock units vest for Anita C. Elliott?
The 3,523 restricted stock units vest in three equal annual installments of 33 1/3% starting April 1, 2027. Vesting is subject to forfeiture and possible accelerated vesting provisions, meaning continued service or certain conditions must be met to receive the shares.
Was the Dollar General (DG) insider award an open-market stock purchase?
No, the transaction was a grant of restricted stock units, not an open-market purchase. The RSUs were awarded at a reported price of $0.00 per unit as part of compensation, and will convert into shares only upon future vesting dates.
What does the Form 4 say about forfeiture conditions on the Dollar General (DG) RSUs?
The filing notes that the restricted stock units are subject to forfeiture and accelerated vesting provisions. This means the award can be lost or vest earlier depending on conditions such as employment status or specific company or individual events defined in the plan.