SIG Form 4: Director Graf R. Mark Reports Dividend-Equivalent RSUs

Rhea-AI Filing Summary

Signet Jewelers insider filing: Director Graf R. Mark reports receipt of restricted stock units (RSUs) tied to dividend equivalent rights on RSUs granted July 1, 2025. The Form 4 shows an acquisition dated 08/22/2025 of RSUs through dividend equivalents at no cash price. The filing states these dividend-equivalent RSUs will vest on the same schedule as the underlying RSUs and that 2,022.58 of the reported RSUs remain subject to vesting and forfeiture. Following the reported transaction, Graf R. Mark’s beneficial ownership is reported as 31,600.58 common shares (reflecting fractional RSU accounting). The form is signed by an attorney-in-fact on 08/26/2025.

Positive

• Director received dividend-equivalent RSUs on 08/22/2025 at no cash cost, increasing equity alignment with shareholders
• Beneficial ownership reported as 31,600.58 shares, providing transparent disclosure of insider holdings
• Filing discloses vesting and forfeiture status for 2,022.58 RSUs, clarifying future ownership timing

Negative

• None.

Insights

Securities Analyst

TL;DR: Routine director receipt of dividend-equivalent RSUs increases reported beneficial ownership; no cash paid and vesting conditions remain.

The Form 4 discloses a non-cash acquisition of RSUs from dividend equivalent rights related to RSUs originally granted July 1, 2025. These units do not accelerate vesting; they follow the underlying grant's vesting and remain subject to forfeiture for 2,022.58 units disclosed. The change in reported beneficial ownership to 31,600.58 shares appears to reflect standard equity compensation accounting, including fractional units. For investors, this is a routine insider equity grant adjustment rather than a market-sale or liquidity event.

Corporate Governance Expert

TL;DR: Disclosure aligns with standard Section 16 reporting for dividend-equivalent RSUs; no governance concerns evident.

The filing specifies the nature of the acquisition (dividend equivalent rights applied to RSUs) and confirms vesting parity with the underlying awards. The clear statement that 2,022.58 RSUs remain subject to vesting and forfeiture is important for transparency. The use of an attorney-in-fact signature is permissible and dated 08/26/2025. There is no indication of insider sales, option exercises, or other transactions that would raise governance flags.

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^*

Graf R. Mark

(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		7.58(1)	A	$0	31,600.58(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 2,022.58 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 Graf R. Mark report on the Form 4 for SIG?

He reported acquisition of restricted stock units (RSUs) via dividend equivalent rights on 08/22/2025, with no cash paid.

How many RSUs are subject to vesting or forfeiture?

2,022.58 restricted stock units are stated as subject to vesting and forfeiture provisions.

What is Graf R. Mark's reported beneficial ownership after the transaction?

The Form 4 reports beneficial ownership of 31,600.58 common shares following the transaction.

Do the dividend-equivalent RSUs vest immediately?

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

Was any cash paid for the RSUs acquired?

No. The transaction is reported with a price of $0, indicating a non-cash grant via dividend equivalents.