Form 4: Dollar General Executive Steven Deckard Reports Stock Disposal for Tax Obligations

Sentiment:

SEC Form 4


EVP Steven Deckard of Dollar General Corp. reports disposing of 161 shares of common stock to cover tax obligations related to vesting of restricted stock units and performance share units.

Summary

  • On April 1, 2025, Steven R Deckard, EVP of Strategy & Development at Dollar General Corp., reported a transaction involving the disposal of 161 shares of Dollar General common stock.
  • The shares were disposed of to cover tax obligations associated with the vesting of restricted stock units granted on March 15, 2022 (60 shares) and March 28, 2023 (54 shares).
  • Additionally, 47 shares were related to the vesting of performance share units (PSUs) granted on March 15, 2022, based on the company's fiscal year 2022 adjusted EBITDA performance.
  • The transaction was executed at a price of $87.6 per share.
  • Following the transaction, Deckard directly owns 33,351 shares of Dollar General common stock.

Sentiment

Score: 5

Explanation: This is a routine transaction related to tax obligations, so the sentiment is neutral.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. Disposals to cover tax obligations are common and generally don't signal a change in the executive's long-term outlook on the company.

Key Dates

DateDescription
March 15, 2022Date of grant for restricted stock units and performance share units.
March 28, 2023Date of grant for restricted stock units.
April 01, 2025Date of stock disposal transaction.
April 03, 2025Date of signature on the Form 4 filing.

Keywords

Form 4, Beneficial Ownership, Stock Disposal, Tax Obligations, Dollar General, Deckard, DG, EBITDA, PSU, Restricted Stock Units

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