Signet Jewelers (SIG) director Zackery Hicks granted additional RSU shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Signet Jewelers director Zackery A. Hicks reported a small equity award. He acquired 8.83 common shares in the form of restricted stock units, with no cash paid per share, through dividend equivalent rights credited on previously granted RSUs.
Following this award, Hicks directly holds 18,446.01 common shares, including 2,045.01 restricted stock units that remain subject to vesting and forfeiture conditions. The new RSUs will vest on the same schedule as the underlying RSUs to which the dividend equivalents relate, making this a routine compensation-related adjustment rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hicks Zackery A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares, par value $0.18 | 8.83 | $0.00 | -- |
Holdings After Transaction:
Common Shares, par value $0.18 — 18,446.01 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 2,045.01 restricted stock units which are subject to certain vesting and forfeiture provisions.
Key Figures
RSUs acquired: 8.83 shares
Total shares after transaction: 18,446.01 shares
Unvested RSUs included: 2,045.01 RSUs
+1 more
4 metrics
RSUs acquired
8.83 shares
RSUs from dividend equivalent rights on <date> 2026-05-22
Total shares after transaction
18,446.01 shares
Direct holdings following RSU acquisition
Unvested RSUs included
2,045.01 RSUs
Subject to vesting and forfeiture provisions
Price per share for RSUs
$0.00 per share
Compensation-related award, no cash purchase
Key Terms
restricted stock units (RSUs), dividend equivalent rights, vesting and forfeiture provisions, grant, award, or other acquisition
4 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 2,045.01 restricted stock units which are subject to certain vesting and forfeiture provisions"
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What did Zackery A. Hicks acquire in the latest SIGNET JEWELERS (SIG) Form 4?
Zackery A. Hicks acquired 8.83 common shares of Signet Jewelers, delivered as restricted stock units. These RSUs came from dividend equivalent rights tied to earlier RSU grants and will vest on the same dates as those underlying awards.
Was the Zackery A. Hicks Form 4 transaction in SIG an open-market buy or sell?
The transaction was not an open-market buy or sell. Hicks received 8.83 shares as a grant of restricted stock units through dividend equivalent rights, classified as a compensation-related acquisition rather than a discretionary market trade.
What are dividend equivalent rights in the context of SIG restricted stock units?
Dividend equivalent rights credit additional RSUs when dividends are paid on the underlying shares. For Signet, Hicks’ 8.83 new RSUs were acquired this way and will vest on the same dates as the underlying restricted stock unit awards to which they relate.
Are Zackery A. Hicks’s SIG restricted stock units subject to vesting conditions?
Yes. The filing states that 2,045.01 of Hicks’s holdings are restricted stock units subject to vesting and forfeiture provisions. The newly credited 8.83 RSUs will vest on the same schedule as the underlying RSUs they are linked to.