DG grants Deckard extra $2M for 30-month post-employment restriction

Rhea-AI Filing Summary

Dollar General Corporation filed an amended current report to disclose additional compensation terms related to the previously announced elimination of the Executive Vice President, Strategy and Development role held by Steven R. Deckard.

Under an amendment to his employment agreement effective November 12, 2025, and contingent on the execution and effectiveness of a release, Mr. Deckard will receive an additional cash payment of $2,000,000, less applicable withholdings. This amount is in addition to the severance payments already provided under Section 12 of his employment agreement. In exchange, the business protection "Restricted Period" in his agreement is extended from two years to 30 months following his termination date.

Insights

Corporate governance and executive compensation analyst

Dollar General adds $2M to Deckard exit package for a longer non-compete.

Dollar General is clarifying the financial terms tied to the departure of its former Executive Vice President, Strategy and Development, Steven R. Deckard. The company agreed to pay an additional $2,000,000 in cash, subject to standard withholdings and a signed release, beyond the severance already set out in his existing agreement.

In return, the business protection "Restricted Period" in Mr. Deckard’s contract is lengthened from two years to 30 months after his termination. This extends the time during which he is subject to restrictions such as non-competition or non-solicitation, as defined in the employment agreement. The filing characterizes these terms as part of an amendment effective on November 12, 2025.

The update is largely administrative, providing detail that was not finalized when the earlier report was filed. There is no broader strategic or financial guidance attached to this change in the excerpt, and the impact centers on Mr. Deckard’s individual compensation and post-employment restrictions.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K/A

(Amendment No. 1)

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): November 12, 2025

DOLLAR GENERAL CORPORATION

(Exact name of registrant as specified in its charter)

Tennessee		001-11421		61-0502302
(State or other jurisdiction of incorporation)		(Commission File Number)		(I.R.S. Employer Identification No.)

100 MISSION RIDGE GOODLETTSVILLE, TN		37072
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code:  (615) 855-4000

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock, par value $0.875 per share	DG	New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ¨

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS.

As previously disclosed in a Current Report on Form 8-K dated November 12, 2025, filed with the United States Securities and Exchange Commission on November 13, 2025 (the “Original 8-K”), Dollar General Corporation (the “Company”) eliminated the position of Executive Vice President, Strategy and Development, held by Steven R. Deckard. This Current Report on Form 8-K/A amends the Original 8-K to provide certain compensatory information in connection with such decision that was not determined at the time of the Original 8-K.

On November 14, 2025, the Company and Mr. Deckard entered into an amendment to Mr. Deckard’s employment agreement, effective November 12, 2025 (the “Amendment to Deckard Employment Agreement”), to provide that, contingent upon the execution and effectiveness of the form of release attached to his employment agreement, Mr. Deckard shall receive payment in an amount equal to Two Million Dollars ($2,000,000), less applicable withholdings, in addition to the severance payments provided under Section 12 of his employment agreement, in exchange for extending the “Restricted Period” pertaining to the business protection provisions under his employment agreement from two years to 30 months following his termination date. The foregoing description of the Amendment to Deckard Employment Agreement is a summary only, does not purport to be complete, and is qualified in its entirety by reference to the text of such document, which is attached hereto as Exhibit 10.1 and incorporated by reference herein.

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.

	(a)	Financial statements of businesses acquired. N/A
	(b)	Pro forma financial information. N/A
	(c)	Shell company transactions. N/A
	(d)	Exhibits. See Exhibit Index to this report.

EXHIBIT INDEX

Exhibit No.	Description
10.1	Amendment to Employment Agreement, by and between Dollar General Corporation and Steven R. Deckard, effective November 12, 2025
104	The cover page from this Current Report on Form 8-K, formatted in Inline XBRL

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date:  November 17, 2025	DOLLAR GENERAL CORPORATION
	By:	/s/ Rhonda M. Taylor
		Rhonda M. Taylor
		Executive Vice President and General Counsel

2

FAQ

What did Dollar General (DG) disclose in this Form 8-K/A?

Dollar General filed an amended current report to add compensatory details for former Executive Vice President, Strategy and Development Steven R. Deckard, following the previously announced elimination of his position.

How much additional compensation will Steven R. Deckard receive from Dollar General?

Under the amended employment agreement, Steven R. Deckard will receive an additional cash payment of $2,000,000, less applicable withholdings, beyond the severance already provided in his employment agreement.

What did Dollar General receive in exchange for the extra $2,000,000 payment to Deckard?

In exchange for the $2,000,000 payment, the "Restricted Period" in Mr. Deckard’s employment agreement is extended from two years to 30 months following his termination date, lengthening his post-employment business protection obligations.

Is the additional payment to Steven R. Deckard contingent on any conditions?

Yes. The filing states the payment is contingent upon the execution and effectiveness of the form of release attached to Mr. Deckard’s employment agreement.

Does this 8-K/A from Dollar General change Deckard’s original severance terms?

The amendment provides an additional $2,000,000 payment on top of the severance already provided under Section 12 of his employment agreement; those existing severance terms remain in place and are supplemented by this new payment.

Where can investors find the full details of Deckard’s amended employment agreement with Dollar General?

The complete terms are contained in the Amendment to Employment Agreement between Dollar General Corporation and Steven R. Deckard, filed as Exhibit 10.1 to this report and incorporated by reference.