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Signet (SIG) director receives RSUs via dividend equivalents; 2,022.58 subject to vesting

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Signet Jewelers director Sandra B. Cochran reported an acquisition of restricted stock units (RSUs) related to dividend equivalent rights on 08/22/2025. The filing shows a transaction coded A for 7.58 RSUs at no cash price, resulting in beneficial ownership of 4,128.58 shares after the transaction. The RSUs were credited from dividend equivalents on RSUs granted July 1, 2025, and those credited RSUs will vest on the same schedule as the underlying grants. The filing also discloses that 2,022.58 of the reported RSUs remain subject to vesting and forfeiture provisions.

Positive

  • RSUs credited via dividend equivalent rights from the July 1, 2025 grant
  • Post-transaction beneficial ownership reported: 4,128.58 shares
  • 2,022.58 RSUs identified as subject to vesting and forfeiture provisions

Negative

  • None.

Insights

TL;DR: Routine compensation-related award; no change in open-market trading or control reported.

The Form 4 documents a compensation-related issuance: dividend equivalent RSUs were credited to an existing grant and will vest on the same schedule as the underlying RSUs. This is a non-cash, administrative equity award commonly used to preserve economic parity with cash dividends. The filing lists the reporting person as a director and shows continued indirect restrictions on a portion of the holdings, which is consistent with standard executive/director equity plans.

TL;DR: Transaction is administratively material to insider holdings but not likely market-moving.

The entry shows 7.58 RSUs credited via dividend equivalents and a post-transaction beneficial ownership of 4,128.58 shares, with 2,022.58 RSUs still subject to vesting. The transaction code is an acquisition (A) at $0 price, indicating issuance rather than purchase. No sales, option exercises, or open-market trades are reported in this filing.

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
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
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*
COCHRAN SANDRA B

(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 4,128.58(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 SIG insider Sandra B. Cochran acquire on 08/22/2025?

The filing reports acquisition of 7.58 restricted stock units (RSUs) credited via dividend equivalent rights.

How many SIG shares does Sandra B. Cochran beneficially own after the transaction?

The Form 4 reports 4,128.58 shares beneficially owned following the reported transaction.

Are the credited RSUs immediately vested?

No. The RSUs credited from dividend equivalents will vest on the same dates as the underlying RSUs; 2,022.58 RSUs remain subject to vesting and forfeiture.

Was there any cash paid for the RSUs reported in the Form 4?

No. The transaction is reported at a price of $0, indicating issuance rather than a cash purchase.

Does this Form 4 report any open-market purchases or sales by the insider?

No. The filing documents an administrative issuance of RSUs and does not show market purchases or dispositions.
Signet Jewelers

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Luxury Goods
Retail-jewelry Stores
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Bermuda
HAMILTON