Signet Jewelers (NYSE: SIG) director receives 8.83 RSUs from dividends
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ulasewicz Eugenia reported acquisition or exercise transactions in this Form 4 filing.
Signet Jewelers director Eugenia Ulasewicz received 8.83 common shares as a grant of restricted stock units (RSUs) on the basis of dividend equivalent rights. These RSUs carry no purchase price and will vest on the same dates as the underlying RSUs they track.
After this award, she directly holds a total of 24,796.01 common shares, including 2,045.01 RSUs that remain subject to vesting and forfeiture conditions. The transaction reflects routine equity-based compensation rather than an open-market share purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ulasewicz Eugenia
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 — 24,796.01 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 granted via dividend equivalents: 8.83 shares
Total common shares after transaction: 24,796.01 shares
Unvested RSUs subject to provisions: 2,045.01 RSUs
+1 more
4 metrics
RSUs granted via dividend equivalents
8.83 shares
Grant on 2026-05-22 under dividend equivalent rights
Total common shares after transaction
24,796.01 shares
Director’s direct holdings following RSU grant
Unvested RSUs subject to provisions
2,045.01 RSUs
Restricted stock units subject to vesting and forfeiture
Transaction price per share
$0.00 per share
RSUs acquired as compensation, no purchase price
Key Terms
restricted stock units (RSUs), dividend equivalent rights, vesting, forfeiture provisions
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
"RSUs that were 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 financial
"RSUs acquired pursuant to the dividend equivalent rights will vest on the same dates as the underlying RSUs to which they relate."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
forfeiture provisions financial
"Includes 2,045.01 restricted stock units which are subject to certain vesting and forfeiture provisions."
FAQ
What did Signet (SIG) director Eugenia Ulasewicz acquire in this Form 4?
Eugenia Ulasewicz received 8.83 common shares through a grant of restricted stock units (RSUs) tied to dividend equivalent rights. These additional RSUs were issued at no cost as part of her existing equity awards and follow the same vesting schedule.
What are dividend equivalent rights on Signet (SIG) RSUs in this filing?
Dividend equivalent rights credit additional RSUs when dividends are paid on underlying shares. In this case, 8.83 RSUs were acquired through such rights on RSUs granted after April 2, 2025, and these new units vest on the same dates as the related RSUs.
What vesting conditions apply to Eugenia Ulasewicz’s Signet (SIG) RSUs?
The 8.83 RSUs from dividend equivalents vest on the same dates as the underlying RSUs they reference. In addition, 2,045.01 RSUs in her holdings remain subject to specified vesting and forfeiture provisions, meaning they can be lost if those conditions are not met.
Does this Signet (SIG) Form 4 show an open-market trade by the director?
No, the Form 4 shows a grant/award acquisition of 8.83 RSUs through dividend equivalent rights, not an open-market trade. The transaction code is A, indicating an award or similar acquisition as part of compensation, with no reportable buy or sell in the market.