Dividend RSUs increase Signet (NYSE: SIG) director McCollam’s stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Signet Jewelers director Sharon McCollam acquired additional equity through stock-based compensation. On February 20, 2026, she received 6.7 restricted stock units (RSUs) at a price of $0.00 per share, reflecting dividend equivalent rights on existing RSUs granted after April 2, 2025.
These dividend-linked RSUs will vest on the same schedule as the underlying RSUs. Following this award, McCollam beneficially owns 30,710.18 common shares of Signet Jewelers, including 2,036.18 RSUs that remain subject to vesting and forfeiture conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MCCOLLAM SHARON
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares, par value $0.18 | 6.7 | $0.00 | -- |
Holdings After Transaction:
Common Shares, par value $0.18 — 30,710.18 shares (Direct)
Footnotes (1)
- 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. Includes 2,036.18 restricted stock units which are subject to certain vesting and forfeiture provisions.
FAQ
What insider transaction did Signet Jewelers (SIG) disclose for Sharon McCollam?
Signet Jewelers disclosed that director Sharon McCollam acquired 6.7 restricted stock units (RSUs) on February 20, 2026. These RSUs were issued at $0.00 per share as a stock-based award tied to dividend equivalents on previously granted RSUs.
How were the new RSUs for Signet (SIG) director Sharon McCollam generated?
The 6.7 RSUs were acquired through the application of dividend equivalent rights on RSUs granted after April 2, 2025. When dividends are declared, these rights credit additional RSUs instead of cash, following the same vesting schedule as the related underlying RSUs.
Do the new RSUs for Signet (SIG) director Sharon McCollam vest immediately?
The 6.7 new RSUs do not vest immediately. According to the disclosure, RSUs acquired via dividend equivalent rights will vest on the same dates as the underlying RSUs to which they relate, and remain subject to those vesting conditions until then.