Dividend RSUs boost Signet (NYSE: SIG) director Wilson’s holdings
Rhea-AI Filing Summary
Signet Jewelers director Donta L. Wilson acquired 6.7 restricted stock units (RSUs) of Signet Jewelers Ltd. common shares at a price of $0.00 per share. These RSUs were credited through dividend equivalent rights tied to existing RSU awards and will vest on the same schedule as the related underlying RSUs.
Following this grant, Wilson now directly holds a total of 11,550.18 common shares and RSUs of Signet, including 2,036.18 RSUs that remain subject to vesting and forfeiture conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 6.7 shares
Net Buy
1 txn
Insider
Wilson Donta L
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares, par value $0.18 | 6.7 | $0.00 | $0.00 |
Holdings After Transaction:
Common Shares, par value $0.18 — 11,550.18 shares (Direct)
Footnotes (2)
- F1. Represents restricted stock units (RSUs) that were acquired through the application of dividend equivalent rights accrued on the RSUs granted after April 2, 2025. RSUs acquired pursuant to the dividend equivalent rights will vest on the same dates as the underlying RSUs to which they relate.
- F2. Includes 2,036.18 restricted stock units which are subject to certain vesting and forfeiture provisions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Signet Jewelers (SIG) report for Donta L. Wilson?
Signet Jewelers reported that director Donta L. Wilson acquired 6.7 restricted stock units (RSUs). The RSUs were issued at a price of $0.00 per share through dividend equivalent rights linked to previously granted RSUs, rather than an open-market purchase.
How were the 6.7 RSUs for Signet Jewelers (SIG) director Wilson created?
The 6.7 RSUs were created by applying dividend equivalent rights to existing RSU awards. Instead of paying cash dividends, additional RSUs accrued. These new RSUs will vest on the same dates as the underlying RSUs to which the dividend equivalents relate.
What is Donta L. Wilson’s total Signet Jewelers (SIG) holding after this Form 4?
After the transaction, Donta L. Wilson directly holds 11,550.18 Signet common shares and RSUs. This total includes 2,036.18 RSUs that are still subject to vesting and forfeiture provisions, meaning some units may not ultimately be retained if conditions are not met.
Did the Signet Jewelers (SIG) director pay cash for the 6.7 RSUs reported?
No, the director did not pay cash for these 6.7 RSUs. They were acquired at a reported price of $0.00 per share through dividend equivalent rights attached to previously granted RSUs, making this a non-cash, award-based acquisition rather than a market purchase.
When will the newly acquired RSUs for Signet Jewelers (SIG) director vest?
The newly acquired 6.7 RSUs will vest on the same dates as the underlying RSU grants. The filing states that RSUs credited via dividend equivalent rights track the vesting schedule of the original RSUs, so their vesting depends entirely on those existing award terms.
What portion of Signet Jewelers (SIG) director Wilson’s holdings are unvested RSUs?
Out of Wilson’s total 11,550.18 Signet holdings, 2,036.18 are RSUs subject to vesting and forfeiture provisions. These units represent equity awards that may not fully convert into unrestricted shares if vesting conditions are not satisfied over time.