Tractor Supply (NASDAQ: TSCO) raises dividend and appoints ex-Gap CEO Sonia Syngal

Rhea-AI Filing Summary

Tractor Supply Company has raised its annual dividend and expanded its Board of Directors. The Board increased the dividend by $0.04, or 4.3% year-over-year, to $0.96 per share on an annualized basis for 2026, marking the company’s 17th consecutive year of dividend increases. In line with this, it declared a quarterly cash dividend of $0.24 per share, payable on March 10, 2026 to shareholders of record as of February 24, 2026.

The company also appointed Sonia Syngal as an independent director, effective immediately. Her initial term runs until the 2026 Annual Meeting of Shareholders. With her addition, Tractor Supply’s Board now has 10 members, drawing on her 30-plus years of leadership experience across retail, technology and automotive sectors, including prior service as CEO of Gap Inc. and Old Navy.

TRACTOR SUPPLY CO /DE/false000091636500009163652026-02-102026-02-10

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): February 11, 2026 (February 10, 2026)

  

TRACTOR SUPPLY COMPANY

__________________________________________

(Exact name of registrant as specified in its charter)

 

Delaware			000-23314			13-3139732
(State or other jurisdiction of incorporation)			(Commission File Number)			(I.R.S. Employer Identification No.)

5401 Virginia Way, Brentwood, Tennessee 37027

(Address of principal executive offices) (Zip Code)

Registrant's telephone number, including area code: (615) 440-4000

Not Applicable

Former name or former address, if changed since last report

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[☐]Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[☐] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[☐] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[☐] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common Stock, $0.008 par value

TSCO

NASDAQ Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company [☐]

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [☐] 

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On February 10, 2026, the Board of Directors of Tractor Supply Company (the "Company") appointed Sonia Syngal as an independent member of its Board of Directors, effective immediately. Ms. Syngal's initial term will expire on the date of the Company's 2026 Annual Meeting of Shareholders. Ms. Syngal qualifies as an independent director within the meaning of the listing standards of the NASDAQ Global Select Market.

There is no arrangement or understanding between Ms. Syngal and any other person pursuant to which she was elected director. There are no transactions in which Ms. Syngal has an interest requiring disclosure under Item 404(a) of Regulation S-K. Ms. Syngal will participate in the Company's standard director compensation program as described in the Company's Definitive Proxy Statement, which was filed with the Securities and Exchange Commission on March 27, 2025.

Item 8.01 Other Events.

On February 11, 2026, the Company issued the press release furnished herewith as Exhibit 99.1 announcing both the appointment of Ms. Syngal as a director and the Company's declaration of a cash dividend of $0.24 per share of outstanding common stock payable March 10, 2026, to stockholders of record as of the close of business on February 24, 2026.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits:

Exhibit No.						Description
99.1						Press release of Tractor Supply Company dated February 11, 2026
104						The cover page from this Current Report on Form 8-K, formatted in Inline XBRL.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

						Tractor Supply Company
February 11, 2026						By:			/s/ Kurt D. Barton
									Name: Kurt D. Barton
									Title: Executive Vice President - Chief Financial Officer and Treasurer

www.TractorSupply.com

TRACTOR SUPPLY COMPANY RAISES DIVIDEND;

EXPANDS ITS BOARD OF DIRECTORS WITH APPOINTMENT OF SONIA SYNGAL

BRENTWOOD, Tenn., February 11, 2026 -- Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retailer in the United States (the “Company”), today announced that its Board of Directors has increased its dividend by $0.04, or 4.3% year-over-year, to $0.96 per share on an annualized basis for 2026, marking the Company’s 17th consecutive year of dividend increases. In accordance with this increase, the Board of Directors has declared a quarterly cash dividend of $0.24 per share of the Company’s common stock. The dividend will be paid on March 10, 2026, to stockholders of record of the Company’s common stock as of the close of business on February 24, 2026.

Separately, the Board of Directors announce the appointment of Sonia Syngal as an independent member of its Board of Directors, effective immediately. Ms. Syngal brings a distinguished 30-plus years of leadership experience from several large public companies.

“Tractor Supply remains committed to delivering consistent cash returns to our shareholders. This dividend increase reflects the strength of our business and marks our 17th consecutive year of annual dividend growth,” said Edna Morris, Chairman of Tractor Supply Company.

“On behalf of the Board, I am pleased to welcome Sonia Syngal to Tractor Supply. Sonia brings strong leadership experience and strategic insight that will be valuable as we advance our long-term strategy and continue creating value for our shareholders,” said Morris.

With the addition of Syngal, Tractor Supply’s Board of Directors now consists of a total of 10 members. She joins nine current Tractor Supply board members with extensive expertise and experience across multiple industries.

About Sonia Syngal

Sonia Syngal has more than 30 years of industry experience and leadership, with a proven track record in global supply chain operations, brand management and product-to-market innovation across the retail, technology and automotive sectors.

Most recently, Syngal served as CEO of Gap Inc. (NYSE: GAP) from 2020 to 2022 where she led the U.S. apparel company through a period of unprecedented challenges. During her tenure, she financially stabilized the company and doubled e-commerce revenue across its portfolio of billion-dollar lifestyle brands, including Gap, Banana Republic, Old Navy and Athleta. Previously, as the CEO of Old Navy, Syngal led the brand's strategic turnaround, expanding its market presence and e-commerce capabilities. Prior to Old Navy, she spent more than a decade in leadership and operational roles with Gap that contributed to its growth and supply chain evolution and helped expand its European outlet business. Earlier in her career, Syngal held roles of increasing responsibility with Sun Microsystems for 10 years and Ford Motor Company for six years.

Syngal has served on the board of directors of Tanger Inc. (NYSE: SKT) since September 2024 and serves on the Board of Governors of Boys & Girls Clubs of America, as a senior advisor to Accenture and as a champion for Journey to Lead, a non-profit network designed to advance visionary women leaders. She has previously served on the board of directors of Foot Locker, Inc. and Gap Inc., on the board of trustees of The Gap Foundation, as a member of the California Governor's Task Force on Business and Jobs Recovery and on the steering committee of The Fashion Pact, a non-profit organization focused on a nature positive and net-zero future for fashion. Syngal earned a Bachelor of Science in Mechanical Engineering from Kettering University and a Master of Science in manufacturing systems engineering from Stanford University.

About Tractor Supply Company

For more than 85 years, Tractor Supply Company (NASDAQ: TSCO) has been passionate about serving the needs of recreational farmers, ranchers, homeowners, gardeners, pet enthusiasts and all those who enjoy living Life Out Here. Tractor Supply is the largest rural lifestyle retailer in the U.S., ranking 296 on the Fortune 500. The Company’s more than 52,000 Team Members are known for delivering legendary service and helping customers pursue their passions, whether that means being closer to the land, taking care of animals or living a hands-on, DIY lifestyle. In store and online, Tractor Supply provides what customers need – anytime, anywhere, any way they choose at the low prices they deserve.

As part of the Company’s commitment to caring for animals of all kinds, Tractor Supply is proud to include Petsense by Tractor Supply, a pet specialty retailer, and Allivet, a leading online pet and animal pharmacy, in its family of brands. Together, Tractor Supply is able to provide comprehensive solutions for pet care, livestock wellness and rural living, ensuring customers and their animals thrive. From its stores to the customer’s doorstep, Tractor Supply is here to serve and support Life Out Here.

As of December 27, 2025, the Company operated 2,395 Tractor Supply stores in 49 states and 207 Petsense by Tractor Supply stores in 23 states. For more information, visit www.tractorsupply.com and www.Petsense.com.

# # #

Contacts:

Mary Winn Pilkington (615) 440-4212

Rena Clayton Rolfe (615) 647-1561

investorrelations@tractorsupply.com

FAQ

What dividend did Tractor Supply Company (TSCO) declare in this 8-K?

Tractor Supply declared a quarterly cash dividend of $0.24 per share. This corresponds to an annualized dividend of $0.96 per share for 2026, following a $0.04, or 4.3%, year-over-year increase and continues 17 straight years of dividend growth.

When will Tractor Supply (TSCO) shareholders receive the new dividend?

Shareholders will receive the $0.24 per share quarterly dividend on March 10, 2026. To be eligible, investors must be stockholders of record as of the close of business on February 24, 2026, the declared record date for this dividend payment.

Who is the new director appointed to Tractor Supply Company’s (TSCO) Board?

Tractor Supply appointed Sonia Syngal as an independent director, effective immediately. She brings more than 30 years of leadership experience, including serving as CEO of Gap Inc. and Old Navy, and has extensive background in global supply chain, brand management and e-commerce growth.

How did this filing change the size of Tractor Supply’s (TSCO) Board?

With the appointment of Sonia Syngal, Tractor Supply’s Board of Directors now consists of 10 members. She joins nine existing board members who collectively bring expertise from multiple industries, broadening the company’s governance and strategic oversight capabilities.

How long has Tractor Supply Company (TSCO) increased its dividend annually?

Tractor Supply has increased its dividend annually for 17 consecutive years. The latest move raised the annualized dividend to $0.96 per share for 2026, reflecting what the company describes as the strength of its business and its commitment to consistent cash returns.

What operating footprint did Tractor Supply Company (TSCO) report as of December 27, 2025?

As of December 27, 2025, Tractor Supply operated 2,395 Tractor Supply stores in 49 states and 207 Petsense by Tractor Supply stores in 23 states. This footprint supports its rural lifestyle retail focus and its broader pet and animal wellness offerings.

Filing Exhibits & Attachments

4 documents

Press Releases

• EX-99.1 EX-99.1 PRESS RELEASED DATED FEBRUARY 11, 2026 13.4 KB

Other Documents

• EX-101 XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT 1.8 KB
• EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT 21.4 KB
• EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT 12.3 KB