Form 4: Dollar Tree Director Bertram L. Scott Reports Acquisition of Phantom Stock

Director Bertram L. Scott reports acquisition of 1,398.6 shares of Dollar Tree phantom stock on July 1, 2024, through deferral of the annual director equity award.

Summary

• On July 1, 2024, Bertram L. Scott, a director of Dollar Tree, Inc., acquired 1,398.6 shares of phantom stock.
• The acquisition was a result of deferring the annual director equity award under the Non-Employee Director Deferred Compensation Program.
• Each share of phantom stock represents the right to receive one share of Dollar Tree common stock and cash for any fractional shares.
• The price of the phantom stock is $107.25.
• The shares are payable in common stock following the director's separation from the Board or the specified date of distribution pursuant to the director's deferral election.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing related to director compensation. It is neutral in tone and reflects standard corporate governance practices.

Industry Context

This filing is a routine disclosure related to director compensation and is typical for publicly traded companies. It provides transparency into the equity-based compensation awarded to board members.

Comparison to Industry Standards

• Director compensation packages often include a mix of cash and equity.
• Phantom stock is a common tool used to align director interests with shareholder value.
• The specifics of the Dollar Tree director compensation plan would need to be compared to peer companies like Dollar General and Five Below to assess its competitiveness.

Stakeholder Impact

• The acquisition of phantom stock aligns the director's interests with those of the shareholders.
• This type of compensation is designed to incentivize directors to focus on long-term value creation.

Key Dates