SIG Form 4: Hilson Adds RSUs via Dividend Equivalents, 34,309 Unvested

Rhea-AI Filing Summary

Joan M. Hilson, Chief Operating and Financial Officer and director of Signet Jewelers Ltd (SIG), reported an insider acquisition on 08/22/2025. The Form 4 discloses the receipt of 245.44 common shares (listed as RSUs acquired via dividend equivalent rights) at a recorded price of $0. After the transaction Hilson beneficially owns 247,418.21 shares in total, which includes 34,309.21 restricted stock units that remain subject to vesting and forfeiture provisions. The filing was executed by attorney-in-fact J. Matthew Shady on 08/26/2025. The report indicates these RSUs will vest on the same schedules as the underlying grants made April 2, 2025 and June 2, 2025.

Positive

• Executive alignment: Acquisition increases insider ownership, aligning executive interests with shareholders.
• Transparent disclosure: Filing details the origin of shares (dividend equivalent rights) and vesting linkage to underlying RSUs.

Negative

• Vesting restrictions: 34,309.21 restricted stock units remain subject to vesting and forfeiture, limiting immediate economic control.

Insights

Financial Analyst

Routine insider receipt of RSUs via dividend equivalents; modest direct economic impact but aligns executive and shareholder interests.

The reported acquisition of 245.44 shares as dividend-equivalent RSUs is a non-cash issuance recorded at $0, increasing total beneficial ownership to 247,418.21 shares. While the incremental share amount is small relative to the total holding, the inclusion of 34,309.21 RSUs that remain subject to vesting is notable because vested schedules determine future ownership dilution and executive retention incentives. This filing does not present immediate cash flow implications for the company and appears to be a standard equity compensation adjustment rather than a directional trading signal.

Corporate Governance Expert

Standard disclosure of equity compensation mechanics; confirms governance practice of dividend-equivalent treatment on RSUs.

The Form 4 clearly describes that dividend equivalent rights were applied to RSU grants from April and June 2025 and that the resulting units vest with the underlying awards. This documentation supports transparent insider reporting and shows that executive compensation uses customary equity-based retention tools. The presence of a material number of unvested RSUs (34,309.21) underscores ongoing alignment through time-based vesting, but the filing itself is procedural and not governance-adverse.

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

OMB APPROVAL

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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^*

Hilson Joan M

(Last) (First) (Middle)

CLARENDON HOUSE

2 CHURCH STREET

(Street)

HAMILTON D0 HM 11

(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)

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

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		245.44(1)	A	$0	247,418.21(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 April 2, 2025 and June 2, 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 34,309.21 restricted stock units which are subject to certain vesting and forfeiture provisions.

Remarks:

Chief Operating and Financial Officer

	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).
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FAQ

What did Joan M. Hilson report on the Form 4 for SIG?

Hilson reported receiving 245.44 common shares (RSUs from dividend equivalent rights) on 08/22/2025 and now beneficially owns 247,418.21 shares in total.

Were any shares acquired for cash in this transaction?

No. The reported price is $0, reflecting dividend-equivalent RSUs rather than a cash purchase.

How many of the reported shares are unvested for SIG's CFO?

34,309.21 restricted stock units are subject to vesting and forfeiture provisions according to the filing.

Who signed the Form 4 filing for Joan M. Hilson?

J. Matthew Shady, Attorney in Fact, signed the Form 4 on 08/26/2025.

Do the RSUs vest immediately?

No. The filing states the RSUs acquired via dividend equivalents will vest on the same dates as the underlying RSU grants from April 2, 2025 and June 2, 2025.