Form 4: Dollar General Director Michael Calbert Acquires Shares and Restricted Stock Units
SEC Form 4 Filing
Director Michael Calbert of Dollar General Corp. acquired 2,655 shares and additional restricted stock units on February 3, 2025.
Summary
- Michael Calbert, a director at Dollar General Corp., reported a transaction on February 3, 2025.
- He acquired 2,655 shares of common stock at a price of $0.
- He also received 2,655 restricted stock units, which will vest on February 3, 2026.
- Additionally, he acquired 246.967037 restricted stock units through dividend equivalent rights on January 21, 2025.
- Following these transactions, Mr. Calbert beneficially owns 123,224.202 shares of Dollar General stock.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction by a company director, which is generally viewed as neutral to slightly positive. The acquisition of shares and restricted stock units could indicate confidence in the company's future.
Positives
- The acquisition of shares and restricted stock units by a director could be seen as a positive sign of confidence in the company's future.
Industry Context
This is a standard SEC Form 4 filing, which is common for corporate insiders reporting changes in their beneficial ownership of company stock. It is a routine part of corporate governance and transparency.
Comparison to Industry Standards
- SEC Form 4 filings are a standard practice for all publicly traded companies in the United States.
- The reporting of stock acquisitions and restricted stock unit grants by directors is a common occurrence across the industry.
- The specific details of the transactions, such as the number of shares and vesting schedules, are specific to Dollar General and its compensation policies.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder sentiment, as it indicates a director's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 01/21/2025 | Acquisition of 246.967037 restricted stock units through dividend equivalent rights. |
| 02/03/2025 | Acquisition of 2,655 shares of common stock and 2,655 restricted stock units. |
| 02/03/2026 | Vesting date for the 2,655 restricted stock units. |
Keywords
Dollar General, Director, Michael Calbert, Stock Acquisition, Restricted Stock Units, Dividend Equivalent Rights, Beneficial Ownership, SEC Form 4
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.