Dollar Tree (DLTR) grants 1,238 phantom stock units to director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Douglas William W III reported acquisition or exercise transactions in this Form 4 filing.
Dollar Tree, Inc. director Douglas William W III received a grant of 1,238.130 shares of phantom stock, each tied to one share of common stock. The award reflects a deferral of his annual director equity grant under the 2021 Omnibus Incentive Plan and is settled in stock, with cash for fractional shares.
The phantom stock will be paid in common shares after he leaves the board or on a future distribution date chosen under the Non-Employee Director Deferred Compensation Program.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Douglas William W III
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 1,238.13 | $121.15 | $150K |
Holdings After Transaction:
Phantom Stock — 1,238.13 shares (Direct, null)
Footnotes (1)
- Each share of phantom stock represents the right to receive one share of Dollar Tree common stock, and cash for any fractional shares. Represents deferral under the Non-Employee Director Deferred Compensation Program of the annual director equity award granted from the Issuer's shareholder approved 2021 Omnibus Incentive Plan. Shares of phantom stock are payable in common stock following the earlier of the director's separation from the Board or the specified date of distribution pursuant to the director's deferral election.
Key Figures
Phantom stock grant: 1,238.1300 units
Reference price per unit: $121.1500 per unit
Underlying common shares: 1,238.1300 shares
+2 more
5 metrics
Phantom stock grant
1,238.1300 units
Grant to director on 2026-07-01
Reference price per unit
$121.1500 per unit
Phantom stock grant valuation
Underlying common shares
1,238.1300 shares
Common stock underlying phantom stock
Phantom stock holdings after grant
1,238.1300 units
Total phantom stock following this transaction
Conversion price
$0.0000
Conversion or exercise price of phantom stock
Key Terms
Phantom Stock, Non-Employee Director Deferred Compensation Program, 2021 Omnibus Incentive Plan, director's separation from the Board
4 terms
Phantom Stock financial
"Each share of phantom stock represents the right to receive one share of Dollar Tree common stock"
A phantom stock is a form of compensation that gives employees or executives the benefits of stock ownership, such as the increase in stock value, without actually giving them real shares. It acts like a promise to pay the employee the equivalent value of company stock later, often as a bonus or incentive. This allows companies to motivate and reward staff without diluting ownership or transferring actual shares.
Non-Employee Director Deferred Compensation Program financial
"Represents deferral under the Non-Employee Director Deferred Compensation Program of the annual director equity award"
2021 Omnibus Incentive Plan financial
"annual director equity award granted from the Issuer's shareholder approved 2021 Omnibus Incentive Plan"
director's separation from the Board financial
"payable in common stock following the earlier of the director's separation from the Board or the specified date"
FAQ
What did Dollar Tree (DLTR) director Douglas William W III report on this Form 4?
He reported receiving 1,238.130 shares of phantom stock as a compensation grant. Each phantom share corresponds to one Dollar Tree common share and reflects a deferred annual director equity award under the 2021 Omnibus Incentive Plan.
How many phantom stock units were granted to the Dollar Tree (DLTR) director?
The director was granted 1,238.130 phantom stock units in this transaction. These units mirror 1,238.130 underlying common shares and represent a deferred form of the annual director equity award from the shareholder-approved 2021 Omnibus Incentive Plan.
When will the Dollar Tree (DLTR) phantom stock be paid to the director?
The phantom stock will be paid in common stock after the director leaves the board or at a chosen distribution date. That timing follows the director’s deferral election under the Non-Employee Director Deferred Compensation Program’s rules.
What plan governs this Dollar Tree (DLTR) phantom stock grant to the director?
The grant comes from Dollar Tree’s shareholder-approved 2021 Omnibus Incentive Plan. It is reported as a deferral of the annual director equity award under the Non-Employee Director Deferred Compensation Program’s specific deferral framework.