New RSU award lifts Dollar General (NYSE: DG) CEO equity holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
VASOS TODD J reported acquisition or exercise transactions in this Form 4 filing.
Dollar General Chief Executive Officer Todd J. Vasos received a grant of 40,260 restricted stock units representing the right to receive common shares upon vesting. These RSUs vest in three equal annual installments of 33 1/3% beginning on April 1, 2027, subject to forfeiture and potential accelerated vesting provisions.
Following this equity award, Vasos directly holds a total of 177,122.5694 shares and restricted stock units, which includes 41.12986 additional RSUs previously credited through dividend equivalent rights. The grant was recorded at a price of $0.00 per unit, reflecting compensation rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
VASOS TODD J
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 40,260 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 177,122.569 shares (Direct)
Footnotes (1)
- Restricted stock units representing the right to receive shares of common stock upon vesting. The restricted stock units vest in three annual installments of 33 1/3% beginning April 1, 2027, subject to certain forfeiture and accelerated vesting provisions. Includes 41.12986 additional restricted stock units, which were acquired through exempt transactions as a result of dividend equivalent rights on April 23, 2024, July 23, 2024, October 22, 2024, January 21, 2025, April 22, 2025, July 22, 2025, October 21, 2025, and January 20, 2026, representing the right to receive shares of common stock upon vesting and/or payment.
Key Figures
RSU grant size: 40,260 restricted stock units
Grant price: $0.00 per unit
Post-grant holdings: 177,122.5694 shares/units
+3 more
6 metrics
RSU grant size
40,260 restricted stock units
Equity award to CEO Todd Vasos, transaction code A
Grant price
$0.00 per unit
Compensation award, not an open-market purchase
Post-grant holdings
177,122.5694 shares/units
Total direct holdings after the transaction
Dividend-equivalent RSUs
41.12986 units
Additional RSUs from dividend equivalent rights
Vesting start date
April 1, 2027
First of three annual vesting installments
Vesting schedule
3 annual installments of 33 1/3%
Structure of RSU vesting over time
Key Terms
restricted stock units, dividend equivalent rights, forfeiture, accelerated vesting
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
"which were acquired through exempt transactions as a result of dividend equivalent rights"
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.
forfeiture financial
"subject to certain forfeiture and accelerated vesting provisions."
accelerated vesting financial
"subject to certain forfeiture and accelerated vesting provisions."
FAQ
What did Dollar General (DG) CEO Todd Vasos report in this Form 4?
Todd Vasos reported receiving 40,260 restricted stock units as an equity award. These units represent the right to receive Dollar General common shares in the future, aligning his compensation with shareholder value over a multi-year vesting period.
Is the Dollar General (DG) CEO’s Form 4 a stock purchase or a grant?
The Form 4 shows an equity grant, not an open-market purchase. Code “A” reflects a grant or award of 40,260 restricted stock units at $0.00 per unit as compensation, rather than the CEO buying shares in the market.
How do the new restricted stock units for Dollar General (DG) CEO vest?
The 40,260 restricted stock units vest in three equal annual installments. Each installment of 33 1/3% begins on April 1, 2027, and is subject to forfeiture and potential accelerated vesting provisions described in the award terms.
What are the dividend equivalent rights mentioned in the Dollar General (DG) filing?
Dividend equivalent rights credited 41.12986 extra restricted stock units to the CEO’s holdings. These rights mirror dividends paid on common stock by adding RSUs that convert into shares upon vesting or payment, enhancing the value of outstanding equity awards.
Does this Dollar General (DG) Form 4 indicate insider buying or selling in the market?
The filing does not show market buying or selling. It reports a compensation-related award of restricted stock units coded as an acquisition (grant), with no open-market purchase or sale transactions disclosed in this particular Form 4.