Form 4: Dollar Tree CMO Richard McNeely Reports Changes in Beneficial Ownership

Richard McNeely, CMO of Dollar Tree, reports changes in beneficial ownership of company stock due to vesting of restricted stock units and tax liability fulfillment.

Summary

• On March 19, 2024, Richard L. McNeely, CMO of Dollar Tree, reported changes in his beneficial ownership of Dollar Tree stock.
• These changes are due to the vesting of performance-based restricted stock units (RSUs) awarded on March 16, 2021, under the Long-Term Performance Plan for fiscal years 2021-2023.
• The award fully vested on March 16, 2024.
• McNeely acquired 8,252 shares of common stock upon vesting.
• Additionally, 3,099 shares were surrendered to cover tax liabilities resulting from the vesting of the RSUs at a price of $128.19.
• Following these transactions, McNeely beneficially owns 51,297 shares of Dollar Tree common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to executive stock transactions, indicating a neutral sentiment.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common among publicly traded companies.

Stakeholder Impact

• The vesting of RSUs and subsequent tax-related share surrender may have a minor dilutive effect on existing shareholders.

Key Dates