Dollar General (DG) EVP surrenders 902 shares to cover tax on vesting awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dollar General Corp executive Bryan D. Wheeler reported a routine tax-related share disposition. On the vesting of several restricted stock unit and performance share unit awards, 902 shares of common stock were surrendered back to the company at $117.17 per share to cover tax obligations.
These shares were not sold on the open market; they were withheld in lieu of cash taxes. After this transaction, Wheeler directly holds 29,139 shares of Dollar General common stock.
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 |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 902 | $117.17 | $106K |
Holdings After Transaction:
Common Stock — 29,139 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Tax-withheld shares: 902 shares
Tax withholding price: $117.17 per share
Post-transaction holdings: 29,139 shares
+2 more
5 metrics
Tax-withheld shares
902 shares
Common stock surrendered for tax withholding on equity vesting
Tax withholding price
$117.17 per share
Value used for 902-share tax-withholding disposition
Post-transaction holdings
29,139 shares
Dollar General common stock held directly after transaction
RSU vesting components
498, 150, 87 shares
RSUs granted March 25, 2025; March 27, 2024; March 28, 2023
PSU vesting component
167 shares
PSUs granted March 25, 2025, earned on 2025 adjusted EBITDA
Key Terms
restricted stock units, performance share units, adjusted EBITDA, tax liability
4 terms
restricted stock units financial
"Shares of common stock surrendered to the Issuer in payment of taxes in connection with the vesting and payment of a portion of restricted stock units granted March 25, 2025"
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.
adjusted EBITDA financial
"from the vesting of PSUs earned as a result of the Issuer's fiscal year 2025 adjusted EBITDA performance"
Adjusted EBITDA is a way companies measure how much money they make from their core operations, like running a business, by removing certain costs or income that aren’t part of regular business activities. It helps investors see how well a company is doing without distractions from unusual expenses or gains, making it easier to compare companies or track performance over time.
tax liability financial
"Payment of exercise price or tax liability by delivering securities"
FAQ
What insider transaction did Dollar General (DG) report for Bryan D. Wheeler?
Dollar General reported that EVP & Chief Merchandising Officer Bryan D. Wheeler surrendered 902 common shares to the company to pay taxes. The shares were related to vesting restricted stock units and performance share units, not an open-market sale of stock.
Was the Dollar General (DG) Form 4 transaction an open-market sale?
No, the Form 4 shows a tax-withholding disposition, not an open-market sale. 902 shares were surrendered to Dollar General to satisfy tax liabilities triggered by vesting equity awards, a common administrative step in equity compensation plans.
What equity awards triggered the tax withholding in the Dollar General (DG) Form 4?
The withholding related to vesting and payment of restricted stock units granted in March 2025, March 2024, and March 2023, plus performance share units granted in March 2025 that vested based on 2025 adjusted EBITDA performance, leading to the 902-share tax surrender.