Signet Jewelers (SIG) director adds RSUs from dividend equivalents
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Signet Jewelers director Helen McCluskey reported an automatic share-based acquisition. On February 20, 2026, she acquired 12.56 common-share-equivalent restricted stock units (RSUs) at a stated price of $0.00 per share through dividend equivalent rights on existing RSUs.
After this transaction, her direct holdings increased to 35,732.72 common shares and RSUs in total, including 3,817.72 RSUs that remain subject to vesting and forfeiture provisions. The newly acquired RSUs will vest on the same schedule as the underlying RSUs to which the dividend equivalents relate.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
McCluskey Helen
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares, par value $0.18 | 12.56 | $0.00 | -- |
Holdings After Transaction:
Common Shares, par value $0.18 — 35,732.72 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 3,817.72 restricted stock units which are subject to certain vesting and forfeiture provisions.
FAQ
What did Signet Jewelers (SIG) director Helen McCluskey report in this Form 4?
Helen McCluskey reported an automatic acquisition of 12.56 restricted stock units (RSUs) in Signet Jewelers. These RSUs arose from dividend equivalent rights on existing awards and did not involve a cash purchase in the open market.
Were the newly acquired Signet Jewelers (SIG) RSUs immediately vested?
No, the newly acquired RSUs are tied to underlying RSU awards and vest on the same dates as those awards. In addition, 3,817.72 of McCluskey’s existing RSUs remain subject to vesting and potential forfeiture conditions.
Did Helen McCluskey pay cash for the 12.56 Signet Jewelers (SIG) RSUs reported?
No, the 12.56 RSUs were acquired at a reported price of $0.00 per share. They were granted automatically through dividend equivalent rights, rather than purchased on the open market for cash.
What are dividend equivalent rights on Signet Jewelers (SIG) RSUs?
Dividend equivalent rights credit additional RSUs when dividends are declared on the underlying shares. For McCluskey, these rights generated 12.56 extra RSUs that will vest at the same time as the related underlying RSU awards.