Signet Jewelers (NYSE: SIG) officer credited 47.64 RSUs as dividend equivalents
Rhea-AI Filing Summary
Signet Jewelers Ltd reported that officer Sagi Raghunandan R acquired 47.64 common share equivalent restricted stock units (RSUs) on May 22, 2026. These RSUs were credited through dividend equivalent rights tied to previously granted RSUs, with no cash paid per unit.
Following this award, Raghunandan holds a total of 11,034.48 RSUs directly. All of these RSUs are subject to vesting and forfeiture provisions, and the new RSUs will vest on the same schedule as the underlying RSU grants to which the dividend equivalents relate.
Positive
- None.
Negative
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Insider Trade Summary
Net Buyer: 47.64 shares
Net Buy
1 txn
Insider
Sagi Raghunandan R
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares, par value $0.18 | 47.64 | $0.00 | $0.00 |
Holdings After Transaction:
Common Shares, par value $0.18 — 11,034.48 shares (Direct)
Footnotes (2)
- F1. 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.
- F2. Includes 11,034.48 restricted stock units which are subject to certain vesting and forfeiture provisions.
Key Figures
RSUs acquired: 47.64 units
Price per RSU: $0.0000 per share
RSUs after transaction: 11,034.48 units
+1 more
4 metrics
RSUs acquired
47.64 units
Dividend equivalent rights on RSUs, May 22, 2026
Price per RSU
$0.0000 per share
Stated acquisition price for awarded RSUs
RSUs after transaction
11,034.48 units
Total restricted stock units held directly after award
Security type
Common Shares, par value $0.18
Underlying security for RSUs
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
"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"
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 11,034.48 restricted stock units which are subject to certain vesting and forfeiture provisions"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did SIG report for Sagi Raghunandan on May 22, 2026?
Signet Jewelers reported that officer Sagi Raghunandan received 47.64 restricted stock units on May 22, 2026. The units were credited as dividend equivalents on existing RSU awards, rather than through an open-market share purchase.
Were cash payments involved in Sagi Raghunandan’s latest SIG RSU award?
No cash was paid for this award; the 47.64 restricted stock units were acquired at a stated price of $0.0000 per share. They represent dividend equivalents automatically added to existing RSU grants at Signet Jewelers.
How many SIG restricted stock units does Sagi Raghunandan hold after this Form 4?
After the May 22, 2026 transaction, Sagi Raghunandan holds 11,034.48 restricted stock units in Signet Jewelers. All of these RSUs are subject to vesting and forfeiture provisions outlined in the company’s award terms.
What are dividend equivalent rights on SIG restricted stock units?
Dividend equivalent rights credit additional RSUs when dividends are declared on underlying shares. For Signet, 47.64 RSUs were added to Sagi Raghunandan’s holdings, vesting on the same dates as the original RSU awards granted after April 2, 2025.
Do the newly acquired SIG RSUs for Sagi Raghunandan vest immediately?
The 47.64 newly acquired RSUs do not vest immediately. According to the disclosure, they will vest on the same dates as the underlying RSUs to which the dividend equivalent rights relate and remain subject to forfeiture conditions.