Dollar General (NYSE: DG) EVP exercises options and sells common shares

Rhea-AI Filing Summary

Dollar General Corporation executive Tracey Herrmann, EVP, Store Operations, reported multiple stock option exercises and related share sales. On December 10, 2025, she exercised employee stock options to acquire 6,000 shares at $73.02 and 6,583 shares at $92.98 of Dollar General common stock. That same day, she sold 12,583 shares at a weighted average price of $125.0656, leaving 30,948 shares owned directly.

On December 11, 2025, she sold an additional 4,850 shares at a weighted average price of $131.3858, resulting in 26,098 shares owned directly. She also reports 1 share held indirectly by a child. Following these transactions, the two reported stock option positions were fully exercised, with 0 derivative securities remaining in those grants.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Herrmann Tracey N

(Last) (First) (Middle)

100 MISSION RIDGE

(Street)

GOODLETTSVILLE TN 37072

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
DOLLAR GENERAL CORP [ DG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, Store Operations

3. Date of Earliest Transaction (Month/Day/Year)
12/10/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	12/10/2025		M		6,000	A	$73.02	36,948	D
Common Stock	12/10/2025		M		6,583	A	$92.98	43,531	D
Common Stock	12/10/2025		S		12,583	D	$125.0656(1)	30,948	D
Common Stock	12/11/2025		S		4,850	D	$131.3858(2)	26,098	D
Common Stock								1	I	By Child

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Option (Right to Buy)	$73.02	12/10/2025		M			6,000	(3)	05/30/2027	Common Stock	6,000	$0	0	D
Employee Stock Option (Right to Buy)	$92.98	12/10/2025		M			6,583	(4)	03/21/2028	Common Stock	6,583	$0	0	D

Explanation of Responses:

1. The reported price is a weighted average price. These shares were sold in multiple transactions ranging from $125.01 to $125.23, inclusive. The reporting person undertakes to provide Dollar General Corporation, any security holder of Dollar General Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.

2. The reported price is a weighted average price. These shares were sold in multiple transactions ranging from $131.265 to $131.72, inclusive. The reporting person undertakes to provide Dollar General Corporation, any security holder of Dollar General Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.

3. The option vested as to 1,298 shares on May 30, 2019 and as to 2,351 shares on each of May 30, 2020 and May 30, 2021.

4. The option vested as to 1,648 shares on April 1, 2019 and as to 1,645 shares on each of April 1, 2020, April 1, 2021 and April 1, 2022.

	/s/ Tracey Herrmann	12/12/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What insider transaction did Dollar General (DG) report for its EVP of Store Operations?

The EVP of Store Operations, Tracey Herrmann, reported exercising employee stock options and selling shares of Dollar General common stock on December 10 and 11, 2025.

How many Dollar General (DG) shares did the EVP acquire through option exercises?

On December 10, 2025, she exercised options to acquire 6,000 shares at $73.02 and 6,583 shares at $92.98 of Dollar General common stock.

How many Dollar General (DG) shares did the EVP sell and at what prices?

She sold 12,583 shares on December 10, 2025 at a weighted average price of $125.0656, and 4,850 shares on December 11, 2025 at a weighted average price of $131.3858.

How many Dollar General (DG) shares does the EVP own after these transactions?

After the reported transactions, she directly owns 26,098 shares of Dollar General common stock and 1 share indirectly through a child.

What happened to the reported Dollar General (DG) employee stock options?

The filing shows two employee stock option grants, with exercise prices of $73.02 and $92.98, were fully exercised on December 10, 2025, leaving 0 derivative securities remaining in those grants.

What is the role of the reporting person at Dollar General (DG)?

The reporting person, Tracey Herrmann, is an officer of Dollar General Corporation, serving as EVP, Store Operations.