Director Diane Randolph at Dollar Tree (NASDAQ: DLTR) gets equity grant and converts phantom stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dollar Tree director Diane Randolph reported compensation-related share activity. She received an award of 1,238 shares of Dollar Tree common stock on July 1, 2026 at a reference price of $121.15 per share as her annual director equity grant. She also converted 1,398 shares of previously deferred phantom stock into an equal number of common shares, with no cash purchase involved. Following these transactions, she directly holds 5,352 common shares, and her phantom stock balance related to this award is now zero.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,398 shares exercised/converted
Mixed
3 txns
Insider
Randolph Diane
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Phantom Stock | 1,398 | $0.00 | -- |
| Conversion | Common Stock | 1,398 | $0.00 | -- |
| Grant/Award | Common Stock | 1,238 | $121.15 | $150K |
Holdings After Transaction:
Phantom Stock — 0 shares (Direct, null);
Common Stock — 4,114 shares (Direct, null)
Footnotes (1)
- Shares of phantom stock previously reported by the Reporting Person for the annual director equity award in 2024 which was deferred under the Non-Employee Director Deferred Compensation Program. N/A Represents the annual director equity award granted from the Issuer's shareholder approved 2021 Omnibus Incentive Plan. Each share of phantom stock represents the right to receive one share of Dollar Tree common stock, and cash for any fractional shares. 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
Director equity award: 1,238 shares
Award reference price: $121.15 per share
Phantom stock converted: 1,398 units/shares
+2 more
5 metrics
Director equity award
1,238 shares
Annual director equity grant on July 1, 2026
Award reference price
$121.15 per share
Price per share for 1,238-share grant
Phantom stock converted
1,398 units/shares
Phantom stock converted into common stock
Shares held after award
5,352 shares
Total direct common stock holdings following transactions
Exercise-related shares
1,398 shares
Derivative conversion count in transaction summary
Key Terms
phantom stock, Non-Employee Director Deferred Compensation Program, annual director equity award, 2021 Omnibus Incentive Plan, +1 more
5 terms
phantom stock financial
"Shares of phantom stock previously reported by the Reporting Person for the annual director equity award in 2024 which was deferred under the Non-Employee Director Deferred Compensation Program."
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
"which was deferred under the Non-Employee Director Deferred Compensation Program."
annual director equity award financial
"Represents the annual director equity award granted from the Issuer's shareholder approved 2021 Omnibus Incentive Plan."
2021 Omnibus Incentive Plan financial
"Represents the annual director equity award granted from the Issuer's shareholder approved 2021 Omnibus Incentive Plan."
Conversion of derivative security financial
"transaction_code_description": "Conversion of derivative security""
FAQ
What insider transactions did Diane Randolph report at Dollar Tree (DLTR)?
Diane Randolph reported acquiring common shares through compensation. She received 1,238 shares as an annual director equity award and 1,398 shares through conversion of phantom stock, with no open-market buying or selling involved in these transactions.
Was the Dollar Tree (DLTR) Form 4 an open-market stock purchase or sale?
No, the Form 4 does not show any open-market purchases or sales. It reports a grant of 1,238 common shares as director compensation and a conversion of 1,398 phantom stock units into common shares, both non-cash equity events.
What does the phantom stock conversion mean in the Dollar Tree (DLTR) Form 4?
The phantom stock conversion reflects 1,398 phantom stock units turning into 1,398 common shares. Each phantom unit entitled Randolph to one share of Dollar Tree common stock, with the conversion tied to the company’s deferred compensation program for directors.
Did Diane Randolph retain any phantom stock units at Dollar Tree (DLTR) after this filing?
For the phantom stock block reported here, her balance went to zero. The Form 4 shows 1,398 phantom stock units converted into the same number of common shares, leaving no remaining phantom units from that specific award.