Form 4: Dollar Tree CEO Michael Creedon Jr. Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Dollar Tree's CEO, Michael Creedon Jr., disposed of 817 shares of common stock on March 31, 2025, to cover tax liabilities resulting from the vesting of restricted stock units.
Summary
- On March 31, 2025, Michael Creedon Jr., the CEO of Dollar Tree, Inc., disposed of 817 shares of the company's common stock.
- The transaction was executed to cover tax liabilities arising from the vesting of restricted stock units.
- The shares were disposed of at a price of $75.07 per share.
- Following the transaction, Mr. Creedon directly owns 27,472 shares of Dollar Tree common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine transaction to cover tax obligations, not indicative of a major shift in sentiment towards the company.
Industry Context
Executive stock transactions are a routine part of corporate governance and executive compensation. Sales to cover tax obligations are common and don't necessarily indicate a negative outlook on the company.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on shareholders, as it is a routine sale to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of transaction: Michael Creedon Jr. disposed of shares. |
| 04/02/2025 | Date of signature by attorney-in-fact for Mr. Creedon. |
Keywords
Form 4, Beneficial Ownership, DLTR, Dollar Tree, Michael Creedon Jr., Executive Compensation, Stock Sale, Tax Liability, Restricted Stock Units
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