Dollar General (NYSE: DG) EVP awarded 30,626 shares and exercises options

Rhea-AI Filing Summary

Dollar General Corp EVP Global Supply Chain Roderick J. West reported a large equity compensation event and a routine option exercise. He received 30,626 shares of common stock as a grant, tied to performance share units earned from a March 25, 2025 award based on fiscal 2025 adjusted EBITDA.

According to the vesting schedule, 10,210 of these PSUs are scheduled to vest and be paid in unrestricted shares on April 1, 2026, with 10,208 more vesting on each of April 1, 2027 and April 1, 2028, subject to time-vesting, forfeiture and accelerated vesting provisions.

On March 11, 2026, he also exercised 2,691 employee stock options at an exercise price of $84.67 per share to acquire the same number of common shares. To cover tax obligations, 1,858 shares of common stock were withheld at $144.84 per share. After these transactions, he directly owns 67,467 shares of Dollar General common stock.

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^*

West Roderick J

(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, Global Supply Chain

3. Date of Earliest Transaction (Month/Day/Year)
03/10/2026

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	03/10/2026		A		30,626(1)	A	$0	66,634(2)	D
Common Stock	03/11/2026		M		2,691	A	$84.67	69,325(2)	D
Common Stock	03/11/2026		F		1,858	D	$144.84	67,467(2)	D

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)	$84.67	03/11/2026		M			2,691	(3)	03/16/2026	Common Stock	2,691	$0	0	D

Explanation of Responses:

1. Performance share units ("PSUs") earned from March 25, 2025 grant, as certified by the Issuer's Compensation and Human Capital Management Committee on March 10, 2026 as a result of the Issuer's fiscal year 2025 adjusted EBITDA performance. Each PSU represents the right to one share of Issuer's common stock. 10,210 PSUs will become vested and be settled and paid in unrestricted shares of the Issuer's common stock on April 1, 2026, and the remainder is subject to time-vesting requirements (10,208 on each of April 1, 2027 and April 1, 2028) and certain forfeiture and accelerated vesting provisions.

2. Since the date of the reporting person's last ownership report, he transferred 100 shares of Dollar General common stock to his ex-spouse pursuant to a domestic relations order. The reporting person no longer reports as beneficially owned any securities owned by his ex-spouse.

3. The option vested as to 897 shares on each of April 1, 2018, April 1, 2019 and April 1, 2020.

	/s/ Roderick J. West	03/12/2026
	** 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 transactions did Dollar General (DG) EVP Roderick J. West report?

Roderick J. West reported receiving a 30,626-share stock grant and exercising 2,691 stock options. A portion of the resulting shares was withheld to cover tax obligations, and his direct holdings increased to 67,467 Dollar General common shares after these transactions.

How many performance-based shares did DG EVP Roderick West receive in this Form 4?

He received 30,626 shares linked to performance share units from a March 25, 2025 grant. The award was certified based on Dollar General’s fiscal 2025 adjusted EBITDA performance, with the shares vesting over three future dates through April 1, 2028.

What is the vesting schedule for Roderick West’s 30,626 performance share units at Dollar General (DG)?

10,210 PSUs are scheduled to vest and settle in unrestricted common shares on April 1, 2026. The remaining units vest over time, with 10,208 shares vesting on April 1, 2027 and another 10,208 on April 1, 2028, subject to vesting conditions.

Which stock options did Dollar General EVP Roderick West exercise, and at what price?

He exercised 2,691 employee stock options for Dollar General common stock at an exercise price of $84.67 per share. These options had previously vested in three equal annual installments between April 1, 2018 and April 1, 2020, before this exercise.

How many Dollar General (DG) shares were withheld for taxes in Roderick West’s Form 4 filing?

A total of 1,858 common shares were withheld to satisfy tax obligations. The withholding occurred at a price of $144.84 per share, reflecting a tax-related disposition rather than an open-market sale of Dollar General stock.

What is Roderick West’s direct Dollar General (DG) share ownership after these transactions?

Following the reported grant, option exercise, and tax withholding, Roderick J. West directly owns 67,467 shares of Dollar General common stock. This figure reflects his updated direct holdings as of the transactions reported in this Form 4.

Did Roderick West transfer any Dollar General (DG) shares due to a domestic relations order?

Yes. A footnote states he transferred 100 shares of Dollar General common stock to his ex-spouse under a domestic relations order. He no longer reports any securities owned by his ex-spouse as part of his beneficial ownership position.