Dollar Tree (DLTR) CEO nets 242 shares after RSU tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dollar Tree, Inc. Chief Executive Officer Michael C. Creedon Jr. reported routine equity compensation activity involving company common stock. On March 31, 2026, he acquired 1,929 shares at $0.00 per share through the settlement of three-year performance-based restricted stock units granted on March 31, 2023 under the 2021 Omnibus Incentive Plan.
On the same date, 1,687 shares were automatically surrendered at $109.51 per share to cover tax liabilities from this vesting. After these transactions, he directly held 83,594 shares of Dollar Tree common stock. The disposition reflects tax withholding, not an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Creedon Michael C Jr
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,929 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,687 | $109.51 | $185K |
Holdings After Transaction:
Common Stock — 85,281 shares (Direct)
Footnotes (1)
- On March 31, 2026, Dollar Tree issued shares of common stock upon settlement of settlement of three-year performance-based RSUs awarded on March 31, 2023 pursuant to the 2021 Omnibus Incentive Plan Shares deemed surrendered in payment of tax liability resulting from vesting of restricted stock units.
Key Figures
Shares granted from RSUs: 1,929 shares
Grant price per share: $0.00 per share
Shares surrendered for taxes: 1,687 shares
+2 more
5 metrics
Shares granted from RSUs
1,929 shares
Common stock issued on March 31, 2026 from three-year performance-based RSUs
Grant price per share
$0.00 per share
Settlement of performance-based restricted stock units into common stock
Shares surrendered for taxes
1,687 shares
Deemed surrendered on March 31, 2026 to cover tax liability on RSU vesting
Tax withholding price
$109.51 per share
Value used for shares surrendered to pay tax liability on vested RSUs
Shares held after transactions
83,594 shares
Dollar Tree common stock directly owned by CEO after March 31, 2026 transactions
Key Terms
performance-based RSUs, 2021 Omnibus Incentive Plan, restricted stock units, tax liability
4 terms
performance-based RSUs financial
"three-year performance-based RSUs awarded on March 31, 2023 pursuant to the 2021 Omnibus Incentive Plan"
Performance-based restricted stock units (RSUs) are promises to deliver company shares to employees only if the business meets specific goals, such as revenue, profit, stock-price targets, or strategic milestones. For investors, they matter because they change future share supply and align management incentives with company results—like a salesperson whose bonus only pays out when sales targets are hit—so they can affect earnings, dilution, and confidence in leadership.
2021 Omnibus Incentive Plan financial
"awarded on March 31, 2023 pursuant to the 2021 Omnibus Incentive Plan"
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.
tax liability financial
"Shares deemed surrendered in payment of tax liability resulting from vesting of restricted stock units."
FAQ
What insider transactions did Dollar Tree (DLTR) CEO Michael Creedon report?
Dollar Tree CEO Michael Creedon reported vesting of performance-based stock units into 1,929 common shares and an automatic surrender of 1,687 shares to cover tax liabilities. These transactions are compensation-related and do not represent open-market purchases or sales of Dollar Tree stock.
Were Michael Creedon’s Dollar Tree (DLTR) transactions open-market buys or sells?
The transactions were not open-market trades. Michael Creedon received 1,929 shares through settlement of performance-based RSUs and surrendered 1,687 shares at $109.51 solely to pay tax liabilities. This tax-withholding disposition is mechanical and distinct from discretionary market buying or selling.