Signet Jewelers (SIG) CAO gains additional RSUs via dividend equivalents
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SIGNET JEWELERS LTD Chief Accounting Officer Vincent Ciccolini reported an acquisition of 12.42 common share-equivalent restricted stock units on February 20, 2026. These RSUs were credited at no cost through dividend equivalent rights and will vest on the same schedule as the underlying RSUs. Following this transaction, Ciccolini’s direct holdings total 43,693.13 common shares, including 6,114.13 RSUs that remain subject to vesting and forfeiture conditions.
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 | 12.42 | $0.00 | -- |
Holdings After Transaction:
Common Shares, par value $0.18 — 43,693.13 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 6,114.13 restricted stock units which are subject to certain vesting and forfeiture provisions.
FAQ
What insider transaction did SIGNET JEWELERS (SIG) report for Vincent Ciccolini?
SIGNET JEWELERS reported that Chief Accounting Officer Vincent Ciccolini acquired 12.42 common share-equivalent RSUs. These units were credited via dividend equivalent rights rather than open-market purchases and increase his total direct holdings to 43,693.13 common shares, including unvested RSUs.
Was the SIG insider transaction by Vincent Ciccolini a stock purchase or an RSU award?
The SIG transaction for Vincent Ciccolini was an RSU-related acquisition, not a cash stock purchase. He received 12.42 restricted stock units through dividend equivalent rights tied to existing RSUs, at a reported price of $0.00 per share, reflecting a non-cash award mechanism.
How were the new RSUs for SIGNET JEWELERS (SIG) insider Vincent Ciccolini generated?
The new RSUs were generated through dividend equivalent rights attached to RSU grants made after April 2, 2025. When dividends are paid on SIGNET JEWELERS shares, these rights credit additional RSUs, which vest on the same dates as the underlying RSUs they are linked to.
Do the newly acquired RSUs for SIG’s Vincent Ciccolini vest immediately?
The newly acquired 12.42 RSUs for Vincent Ciccolini do not vest immediately. According to the disclosure, the RSUs credited via dividend equivalent rights will vest on the same dates as the original underlying RSUs, meaning they follow the existing vesting schedule and related forfeiture conditions.