Signet (NYSE: SIG) CAO adds 21.21 RSUs from dividend equivalent rights
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Signet Jewelers Chief Accounting Officer Vincent Ciccolini reported an acquisition of 21.21 restricted stock units through dividend equivalent rights on existing RSU awards. These RSUs were recorded at a price of $0.00 per unit and will vest on the same schedule as the underlying RSUs.
After this award, he directly holds a total of 45,235.67 common shares, including 5,717.97 RSUs that remain subject to vesting and forfeiture provisions.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ciccolini Vincent
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares, par value $0.18 | 21.21 | $0.00 | -- |
Holdings After Transaction:
Common Shares, par value $0.18 — 45,235.67 shares (Direct, null)
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 5,717.97 restricted stock units which are subject to certain vesting and forfeiture provisions.
Key Figures
RSUs acquired: 21.21 RSUs
Total shares after transaction: 45,235.67 common shares
Unvested RSUs included: 5,717.97 RSUs
+1 more
4 metrics
RSUs acquired
21.21 RSUs
Grant via dividend equivalent rights on 2026-05-22
Total shares after transaction
45,235.67 common shares
Direct holdings following reported acquisition
Unvested RSUs included
5,717.97 RSUs
Subject to vesting and forfeiture provisions
Stated acquisition price
$0.00 per share
Compensation-related RSU credit, not open-market purchase
Key Terms
restricted stock units (RSUs), dividend equivalent rights, vesting and forfeiture provisions
3 terms
restricted stock units (RSUs) financial
"Represents restricted stock units (RSUs) that were acquired through the application of dividend equivalent rights"
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
dividend equivalent rights financial
"acquired through the application of dividend equivalent rights accrued on the RSUs granted after April 2, 2025"
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
vesting and forfeiture provisions financial
"Includes 5,717.97 restricted stock units which are subject to certain vesting and forfeiture provisions"
FAQ
What did Signet (SIG) Chief Accounting Officer Vincent Ciccolini report in this Form 4?
Vincent Ciccolini reported receiving 21.21 restricted stock units as a compensation-related award. These RSUs came from dividend equivalent rights tied to prior RSU grants and will vest on the same schedule as the underlying awards.
How many RSUs did Signet (SIG) CAO Vincent Ciccolini acquire in the latest transaction?
He acquired 21.21 restricted stock units in this transaction. The units were credited through dividend equivalent rights on RSUs granted after April 2, 2025, and will vest on the same dates as the related underlying RSUs.
Were the Signet (SIG) RSUs reported by Vincent Ciccolini purchased on the open market?
No, the RSUs were not open-market purchases. They were acquired at a stated price of $0.00 per unit through dividend equivalent rights, which credit additional RSUs based on dividends paid on previously granted restricted stock units.
Do the new Signet (SIG) RSUs reported by Vincent Ciccolini have vesting conditions?
Yes, the 21.21 RSUs will vest on the same schedule as the underlying RSUs to which they relate. In total, his holdings include 5,717.97 restricted stock units that remain subject to vesting and potential forfeiture if conditions are not met.