Dollar General (NYSE: DG) director receives 1,647 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hicks Gregory H reported acquisition or exercise transactions in this Form 4 filing.
Dollar General Corp director Gregory H. Hicks received an equity award of 1,647 shares of common stock in the form of restricted stock units. The units were granted at no cash cost to him and are classified as a compensation-related grant, not an open-market purchase.
The restricted stock units represent the right to receive Dollar General common shares when they vest. According to the disclosure, the entire grant is scheduled to vest on May 28, 2027, subject to standard forfeiture and possible accelerated vesting provisions, so Hicks must generally remain eligible through that date to receive all shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hicks Gregory H
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,647 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 1,647 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs granted: 1,647 shares
Grant price: $0.00 per share
Shares after transaction: 1,647 shares
+1 more
4 metrics
RSUs granted
1,647 shares
Restricted stock units granted on May 28, 2026
Grant price
$0.00 per share
Reported transaction price per share for the RSU grant
Shares after transaction
1,647 shares
Total beneficially owned following the grant
Vesting date
May 28, 2027
Scheduled vesting for all restricted stock units
Key Terms
Restricted stock units, vesting, forfeiture, accelerated vesting provisions
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.
vesting financial
"The restricted stock units vest on May 28, 2027, subject to certain forfeiture and accelerated vesting provisions."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
forfeiture financial
"subject to certain forfeiture and accelerated vesting provisions."
accelerated vesting provisions financial
"subject to certain forfeiture and accelerated vesting provisions."
FAQ
What did Dollar General (DG) director Gregory H. Hicks report on this Form 4?
Gregory H. Hicks reported receiving a grant of 1,647 restricted stock units of Dollar General common stock. These units are a form of equity compensation and give him the right to receive actual shares once the vesting conditions are satisfied on a specified future date.
When do Gregory Hicks’s Dollar General restricted stock units vest?
The restricted stock units are scheduled to vest on May 28, 2027. Vesting means Hicks will then be entitled to receive the underlying Dollar General common shares, subject to any applicable forfeiture or accelerated vesting provisions described as applying to this particular equity award.
Are Gregory Hicks’s Dollar General restricted stock units subject to forfeiture or acceleration?
Yes, the footnote explains these restricted stock units are subject to forfeiture and accelerated vesting provisions. That means the award can be lost under certain conditions or vest earlier than May 28, 2027, if specific triggering events or terms outlined for the grant occur.