Dollar Tree (DLTR) Chief People Officer granted 6,899 RSUs, with 1,981 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DOLLAR TREE, INC. Chief People Officer Steven Schumacher reported routine equity compensation activity in company common stock. He received a grant of 6,899 restricted stock units under the company’s 2021 Omnibus Incentive Plan, which vest in roughly three equal annual installments, beginning on the award anniversary, subject to continued employment.
On the same date, 1,981 shares were surrendered at $108.70 per share to cover tax liabilities from the vesting of previously awarded restricted stock units, a non‑market, tax-withholding disposition. Following these transactions, Schumacher directly holds 22,460 shares of Dollar Tree common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Schumacher Steven
Role
Chief People Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,981 | $108.70 | $215K |
| Grant/Award | Common Stock | 6,899 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 15,561 shares (Direct)
Footnotes (1)
- Shares deemed surrendered in payment of tax liability resulting from vesting of restricted stock units. 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
Tax-withholding shares: 1,981 shares
Tax-withholding price: $108.70/share
RSUs granted: 6,899 units
+2 more
5 metrics
Tax-withholding shares
1,981 shares
Shares surrendered for tax liability at $108.70 per share
Tax-withholding price
$108.70/share
Value used for 1,981-share tax-withholding disposition
RSUs granted
6,899 units
Restricted stock units granted under 2021 Omnibus Incentive Plan
Shares after grant
22,460 shares
Direct common stock holdings following RSU grant and tax surrender
Shares after withholding
15,561 shares
Interim direct holdings after 1,981-share tax-withholding surrender
Key Terms
restricted stock units, 2021 Omnibus Incentive Plan, tax liability
3 terms
restricted stock units financial
"Shares deemed surrendered in payment of tax liability resulting from vesting of restricted stock units."
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.
2021 Omnibus Incentive Plan financial
"Restricted stock units granted pursuant to the Company's 2021 Omnibus Incentive Plan and will vest..."
tax liability financial
"Shares deemed surrendered in payment of tax liability resulting from vesting of restricted stock units."
FAQ
What insider transactions did DLTR’s Chief People Officer report on this Form 4?
Steven Schumacher reported a grant of 6,899 restricted stock units and a related surrender of 1,981 shares for tax withholding. Both transactions involved Dollar Tree common stock and reflect routine equity compensation and associated tax payments rather than open-market buying or selling.
What are the terms of the 6,899 restricted stock units granted to DLTR’s Chief People Officer?
The 6,899 restricted stock units were granted under Dollar Tree’s 2021 Omnibus Incentive Plan. They are scheduled to vest in approximately three equal annual installments, beginning on the anniversary of the award date, and require continued employment for the vesting conditions to be satisfied.
Does this DLTR Form 4 indicate any option exercises or derivative transactions?
The Form 4 does not show any option exercises or derivative security transactions. It reports only non-derivative common stock activity: a restricted stock unit grant and a tax-withholding share surrender, with no remaining derivative positions listed in the derivative security summary section.