SIG Form 4: Director Receives Dividend-Equivalent RSUs, Ownership Rises to 35,707.22

Rhea-AI Filing Summary

Helen McCluskey, a director of Signet Jewelers Ltd. (SIG), reported acquisition of restricted stock units (RSUs) on 08/22/2025. The filing shows 14.22 RSUs were recorded as acquired through dividend equivalent rights tied to RSUs granted July 1, 2025. After the transaction, Ms. McCluskey beneficially owns 35,707.22 shares or share-equivalents, of which 3,792.22 RSUs remain subject to vesting and forfeiture provisions.

The RSUs acquired via dividend equivalents will vest on the same schedule as the underlying grants. The Form 4 was filed by one reporting person and signed by J. Matthew Shady, Attorney in Fact, on 08/26/2025.

Positive

• Director equity alignment: Acquisition of RSUs increases the director's beneficial ownership, aligning interests with shareholders.
• No cash outlay reported: RSUs were acquired via dividend equivalents at $0, reflecting non-cash compensation.

Negative

• Vesting restrictions: 3,792.22 RSUs remain subject to vesting and forfeiture, limiting immediate economic ownership.
• Transaction size modest: Only 14.22 RSUs were recorded as acquired via dividend equivalents, a small incremental change.

Insights

Financial Analyst

TL;DR: Director received RSUs via dividend equivalents; ownership increases modestly without cash cost.

The transaction reflects a non-cash acquisition of 14.22 RSUs through dividend equivalent credits tied to July 1, 2025 grants, increasing beneficial ownership to 35,707.22 shares/units. This is routine compensation-related activity for a director and does not indicate market buying or selling pressure. The presence of 3,792.22 RSUs subject to vesting means a portion of this stake remains conditional on future service or performance, limiting immediate liquid ownership.

Corporate Governance Expert

TL;DR: Director equity compensation recorded; aligns interests but retains standard vesting restrictions.

The Form 4 documents dividend-equivalent RSUs being credited to a director, which is a common governance practice to align executive and director incentives with shareholders. The filing explicitly states these dividend-equivalent RSUs vest on the same schedule as the underlying awards and that 3,792.22 of the reported units remain subject to vesting and forfeiture. The filing was submitted by one reporting person and executed by an attorney in fact, consistent with procedural norms.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

McCluskey Helen

(Last) (First) (Middle)

CLARENDON HOUSE

2 CHURCH STREET

(Street)

HAMILTON D0 HM11

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
SIGNET JEWELERS LTD [ SIG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/22/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Shares, par value $0.18	08/22/2025		A		14.22(1)	A	$0	35,707.22(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents restricted stock units (RSUs) that were acquired through the application of dividend equivalent rights accrued on the RSUs granted on July 1, 2025. RSUs acquired pursuant to the dividend equivalent rights will vest on the same dates as the underlying RSUs to which they relate.

2. Includes 3,792.22 restricted stock units which are subject to certain vesting and forfeiture provisions.

Remarks:

	J. Matthew Shady, Attorney in Fact	08/26/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Helen McCluskey report on Form 4 for SIG?

She reported acquisition of RSUs via dividend equivalent rights, increasing beneficial ownership to 35,707.22 shares/share-equivalents.

When was the transaction dated and when was the Form 4 signed?

The transaction date is 08/22/2025 and the Form 4 was signed by attorney in fact J. Matthew Shady on 08/26/2025.

How many RSUs remain subject to vesting or forfeiture?

3,792.22 restricted stock units are reported as subject to vesting and forfeiture provisions.

Were any shares purchased for cash in this transaction?

No. The RSUs acquired via dividend equivalents are recorded at $0, indicating no cash purchase.

Are the dividend-equivalent RSUs immediately vested?

No. The filing states the dividend-equivalent RSUs will vest on the same dates as the underlying RSUs granted July 1, 2025.