Dollar Tree CEO reports tax withholding, new RSU grant
Dollar Tree Chief Executive Officer Michael C. Creedon Jr. reported routine equity compensation activity involving company common stock.
Rhea-AI Filing Summary
Dollar Tree Chief Executive Officer Michael C. Creedon Jr. reported routine equity compensation activity involving company common stock. On the vesting of restricted stock units, 10,224 shares were surrendered at $108.70 per share to cover tax liabilities, a non-market tax-withholding disposition.
He also received a new award of 44,158 restricted stock units at no purchase price under the company’s 2021 Omnibus Incentive Plan. These units are scheduled to vest in approximately three equal annual installments beginning on the award’s anniversary, subject to continued employment. Following these transactions, he directly holds 117,528 shares of Dollar Tree common stock.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 10,224 | $108.70 | $1.11M |
| Grant/Award | Common Stock | 44,158 | $0.00 | $0.00 |
Footnotes (2)
- F1. Shares deemed surrendered in payment of tax liability resulting from vesting of restricted stock units.
- F2. Restricted stock units granted pursuant to the Company's 2021 Omnibus Incentive Plan and will vest in approximately three equal annual installments, beginning on the anniversary of the award date, subject to continued employment
Key Figures
Key Terms
restricted stock units financial
2021 Omnibus Incentive Plan financial
tax liability financial
grant, award, or other acquisition financial
Payment of exercise price or tax liability by delivering securities financial
FAQ
What insider transactions did DLTR CEO Michael Creedon Jr. report?
How many Dollar Tree restricted stock units were granted to the CEO?
How will the CEO’s new Dollar Tree RSU grant vest over time?
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