Form 4: Dollar General EVP, Store Operations, Tracey N. Herrmann, Reports Stock Transaction
SEC Form 4 Filing
Tracey N. Herrmann, EVP, Store Operations at Dollar General, reports the disposition of 257 shares of common stock to cover tax obligations related to vesting restricted stock units and performance share units.
Summary
- On April 1, 2025, Tracey N. Herrmann, EVP, Store Operations at Dollar General, reported a transaction involving the disposition of 257 shares of Dollar General common stock.
- The shares were surrendered to the issuer to cover tax obligations associated with the vesting of restricted stock units and performance share units.
- The restricted stock units were granted on March 15, 2022 (45 shares), March 28, 2023 (45 shares), and March 27, 2024 (132 shares).
- Additionally, 35 shares came from the vesting of performance share units (PSUs) granted on March 15, 2022, based on the company's fiscal year 2022 adjusted EBITDA performance.
- Following the transaction, Herrmann directly owns 30,948 shares of Dollar General common stock and indirectly owns shares through a child.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing reflects a routine transaction related to executive compensation and tax obligations.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the executive's transactions related to vested equity compensation.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 03/15/2022 | Grant date of restricted stock units (45 shares) and performance share units. |
| 03/28/2023 | Grant date of restricted stock units (45 shares). |
| 03/27/2024 | Grant date of restricted stock units (132 shares). |
| 04/01/2025 | Date of stock transaction (disposal of 257 shares). |
| 04/03/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, insider trading, executive compensation, stock transaction, Dollar General, DG, Tracey N. Herrmann, restricted stock units, performance share units, EVP Store Operations
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