Form 4: Dollar General SVP Earns Performance Share Units

Dollar General's SVP & Chief Accounting Officer, Anita C. Elliott, earned 3,404 performance share units due to the company's fiscal year 2025 adjusted EBITDA performance.

Summary

• Anita C. Elliott, SVP & Chief Accounting Officer of Dollar General Corp (DG), acquired 3,404 shares of common stock.
• These shares represent Performance Share Units (PSUs) earned from a grant made on March 25, 2025.
• The PSUs were certified on March 10, 2026, as a result of Dollar General's fiscal year 2025 adjusted EBITDA performance.
• Each PSU represents the right to one share of Dollar General's common stock.
• A portion of these PSUs, specifically 1,136 units, will vest and be settled in unrestricted shares on April 1, 2026.
• The remaining PSUs are subject to time-vesting requirements, with 1,134 units vesting on April 1, 2027, and another 1,134 units vesting on April 1, 2028.
• Following this transaction, Ms. Elliott beneficially owns 32,748 shares of common stock directly.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive event, reflecting the achievement of performance targets and a routine, positive outcome for executive compensation, without indicating any extraordinary operational shifts.

Positives

• The earning of performance share units indicates that Dollar General met or exceeded its fiscal year 2025 adjusted EBITDA performance targets, which is a positive indicator of operational success.
• The award aligns management incentives with shareholder value creation through performance-based compensation.

Future Outlook

The future outlook includes the scheduled vesting of the remaining performance share units on April 1, 2027, and April 1, 2028, subject to continued employment and other forfeiture provisions.

Management Comments

• The Issuer's Compensation and Human Capital Management Committee certified the performance share units on March 10, 2026, based on fiscal year 2025 adjusted EBITDA performance.

Industry Context

StockSavvy.ai notes that performance-based equity awards are a standard practice in executive compensation across various industries, including retail, to align executive incentives with company performance and shareholder interests. This filing reflects a routine compensation event for a senior executive at a major retail corporation.

Stakeholder Impact

• Shareholders: The achievement of adjusted EBITDA targets, which led to these awards, generally benefits shareholders by indicating strong company performance.
• Employees (specifically Anita C. Elliott): The reporting person benefits directly from the earned equity compensation, aligning her interests with the company's long-term success.

Next Steps

• 1,136 PSUs will vest and be settled in unrestricted shares on April 1, 2026.
• 1,134 PSUs will vest on April 1, 2027.
• 1,134 PSUs will vest on April 1, 2028.

Key Dates

Keywords

Dollar General, DG, Form 4, insider transaction, performance share units, PSUs, equity award, executive compensation, EBITDA performance