Signet Jewelers (SIG) CEO gains 215 RSUs from dividend equivalent rights
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Signet Jewelers Chief Executive Officer James Kevin Symancyk reported an equity award tied to existing restricted stock units. He acquired 215.47 common shares of Signet Jewelers Ltd as restricted stock units at a stated price of $0.00 per share through dividend equivalent rights. Following this grant, he holds a total of 112,019.62 common shares, including 89,295.62 restricted stock units that remain subject to vesting and forfeiture conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Symancyk James Kevin
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares, par value $0.18 | 215.47 | $0.00 | -- |
Holdings After Transaction:
Common Shares, par value $0.18 — 112,019.62 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 89,295.62 restricted stock units which are subject to certain vesting and forfeiture provisions.
FAQ
What did Signet Jewelers (SIG) CEO report in this Form 4 filing?
The CEO reported an equity award linked to existing RSUs. He acquired 215.47 common shares as restricted stock units at a stated price of $0.00 per share through dividend equivalent rights, increasing his total reported holdings to 112,019.62 common shares.
What are dividend equivalent rights mentioned in the Signet (SIG) Form 4?
Dividend equivalent rights credit additional RSUs when dividends are paid on underlying shares. For Signet, these rights generated 215.47 new RSUs for the CEO, which will vest on the same dates as the original RSUs that earned the dividend equivalents.
Are the new Signet (SIG) restricted stock units immediately vested for the CEO?
The new RSUs are not immediately vested. They were acquired through dividend equivalent rights and will vest on the same dates as the underlying RSUs, meaning they remain subject to the same vesting timetable and associated forfeiture provisions as those original awards.
Did the Signet Jewelers (SIG) CEO pay cash for the acquired RSUs?
No cash payment is shown for this acquisition. The 215.47 restricted stock units were credited at a reported price of $0.00 per share, arising automatically from dividend equivalent rights on previously granted RSUs rather than from an open‑market purchase.