Form 4: Dollar General EVP Kelly Dilts Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Kelly Dilts, EVP & Chief Financial Officer of Dollar General, reported disposing of 607 shares of common stock on April 1, 2024, to cover tax obligations related to vesting of restricted stock units and performance share units.
Summary
- On April 1, 2024, Kelly Dilts, the EVP & Chief Financial Officer of Dollar General, disposed of 607 shares of Dollar General common stock.
- The transaction was executed at a price of $157.35 per share.
- The disposal was related to the payment of taxes associated with the vesting of restricted stock units and performance share units.
- Following the transaction, Dilts directly owns 6,148 shares of Dollar General common stock.
Sentiment
Score: 5
Explanation: This is a neutral transaction related to tax obligations, not indicative of positive or negative sentiment towards the company's performance.
Industry Context
Executive stock transactions are a common occurrence in publicly traded companies, often related to compensation packages and tax obligations. This transaction is a routine part of executive compensation and doesn't necessarily indicate a change in the executive's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 03/16/2021 | Date of grant for a portion of restricted stock units and performance share units. |
| 03/15/2022 | Date of grant for a portion of restricted stock units and performance share units. |
| 03/28/2023 | Date of grant for a portion of restricted stock units. |
| 04/01/2024 | Date of stock disposal transaction. |
| 04/03/2024 | Date of signature on the Form 4 filing. |
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