Dollar General (NYSE: DG) EVP surrenders shares for tax withholding on equity awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dollar General EVP & Chief Information Officer Carman R. Wenkoff surrendered 8,870 shares of common stock at $117.17 per share to cover tax obligations. The shares were withheld in connection with vesting of restricted stock units and performance share units granted on March 25, 2025. After this tax-withholding disposition, Wenkoff directly holds 75,047 common shares, indicating this was a routine compensation-related event rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Wenkoff Carman R
Role
EVP & Chief Information Ofc
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 8,870 | $117.17 | $1.04M |
Holdings After Transaction:
Common Stock — 75,047 shares (Direct)
Footnotes (1)
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Key Figures
Shares surrendered for taxes: 8,870 shares
Transaction price per share: $117.17 per share
Shares held after transaction: 75,047 shares
+2 more
5 metrics
Shares surrendered for taxes
8,870 shares
Tax-withholding disposition on April 1, 2026
Transaction price per share
$117.17 per share
Value used for tax-withholding share surrender
Shares held after transaction
75,047 shares
Direct holdings after tax-withholding disposition
RSU shares vesting
4,464 shares
Restricted stock units granted March 25, 2025
PSU shares vesting
4,406 shares
Performance share units tied to fiscal 2025 adjusted EBITDA
Key Terms
restricted stock units, performance share units, adjusted EBITDA, tax-withholding disposition
4 terms
restricted stock units financial
"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
"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-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What insider transaction did Dollar General (DG) report for Carman Wenkoff?
Dollar General reported that EVP & Chief Information Officer Carman R. Wenkoff surrendered 8,870 shares of common stock to cover taxes. This occurred in connection with the vesting and payment of equity awards rather than an open-market purchase or sale.
Was the Dollar General (DG) Form 4 transaction an open-market sale?
No. The Form 4 shows a tax-withholding disposition coded “F,” meaning shares were surrendered to Dollar General to pay taxes. The transaction was tied to vesting of restricted stock units and performance share units, not a discretionary open-market sale.
What equity awards triggered the Dollar General (DG) tax-withholding event?
The tax-withholding resulted from vesting and payment of restricted stock units and performance share units granted March 25, 2025. Specifically, 4,464 shares came from restricted stock units and 4,406 from performance share units earned based on fiscal 2025 adjusted EBITDA performance.
What does transaction code “F” mean in the Dollar General (DG) Form 4?
Transaction code “F” indicates a payment of tax liability or exercise price by delivering securities. In this case, it shows Dollar General shares were surrendered back to the company to cover taxes on vested restricted stock units and performance share units.