Director Ralph Santana gets 1,647 stock units at Dollar General (NYSE: DG)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dollar General director Ralph E. Santana reported routine equity compensation changes. He disposed of 0.3258 shares of common stock back to the company at $109.90 per share, reflecting a cashout of a fractional share from prior restricted stock unit payouts.
He also received a grant of 1,647 restricted stock units, representing the right to receive common shares upon vesting on May 28, 2027, subject to forfeiture and potential accelerated vesting. Following these transactions, he holds 8,358.3258 shares of Dollar General common stock directly, including additional units acquired through dividend equivalent rights.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
SANTANA RALPH E
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,647 | $0.00 | -- |
| Disposition | Common Stock | 0.326 | $109.90 | $35.81 |
Holdings After Transaction:
Common Stock — 8,358.326 shares (Direct, null)
Footnotes (1)
- Restricted stock units representing the right to receive shares of common stock upon vesting. The restricted stock units vest on May 28, 2027, subject to certain forfeiture and accelerated vesting provisions. Includes 41.325775 additional restricted stock units, which were acquired through exempt transactions as a result of dividend equivalent rights on July 22, 2025, October 21, 2025, January 20, 2026 and April 21, 2026, representing the right to receive shares of common stock upon vesting. Represents the cashout of a fractional share resulting from the payout of certain restricted stock units.
Key Figures
RSU grant: 1,647 restricted stock units
Vesting date: May 28, 2027
Fractional share disposed: 0.3258 shares at $109.90
+2 more
5 metrics
RSU grant
1,647 restricted stock units
Award to Ralph E. Santana vesting May 28, 2027
Vesting date
May 28, 2027
RSUs representing right to receive common stock upon vesting
Fractional share disposed
0.3258 shares at $109.90
Cashout of fractional share from RSU payout, disposition to issuer
Post-transaction holdings
8,358.3258 shares
Dollar General common stock held directly after transactions
Dividend-equivalent RSUs
41.325775 units
Additional RSUs earned via dividend equivalent rights on four dates
Key Terms
restricted stock units, dividend equivalent rights, disposition to issuer, fractional share
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.
dividend equivalent rights financial
"acquired through exempt transactions as a result of dividend equivalent rights on July 22, 2025, October 21, 2025, January 20, 2026 and April 21, 2026"
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
disposition to issuer financial
"transaction_action": "issuer disposition", "transaction_code_description": "Disposition to issuer""
FAQ
What did Dollar General (DG) director Ralph E. Santana report in this Form 4?
Ralph E. Santana reported routine equity compensation activity. He received 1,647 restricted stock units that vest in 2027 and disposed of a small fractional share back to Dollar General, ending with 8,358.3258 common shares held directly.
How many restricted stock units did Ralph E. Santana receive from Dollar General (DG)?
He received 1,647 restricted stock units. These units represent the right to receive Dollar General common stock upon vesting on May 28, 2027, subject to standard forfeiture and accelerated vesting provisions associated with the company’s equity compensation program.
When do Ralph E. Santana’s new Dollar General (DG) restricted stock units vest?
The restricted stock units vest on May 28, 2027. At vesting, each unit converts into one share of Dollar General common stock, assuming vesting conditions are satisfied and the units are not forfeited under the plan’s terms.
What are dividend equivalent rights mentioned in the Dollar General (DG) Form 4 footnotes?
Dividend equivalent rights grant additional restricted stock units when the company pays dividends. Santana’s holdings include 41.325775 extra units earned this way on four past dividend dates, which will convert into shares when the underlying awards vest.