DLTR.NASDAQDollar Tree, INC

Form 4: Dollar Tree Director Jeffrey G. Naylor Reports Acquisition of Phantom Stock

Sentiment:

SEC Form 4


Director Jeffrey G. Naylor reports acquisition of phantom stock representing the right to receive Dollar Tree common stock.

Summary

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

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing regarding director compensation, and does not contain information that would significantly impact sentiment.

Future Outlook

The shares of phantom stock are payable in common stock following the earlier of the director's separation from the Board or the specified date of distribution pursuant to the director's deferral election.

Industry Context

This filing is a routine disclosure related to director compensation and equity awards, common in publicly traded companies.

Stakeholder Impact

  • The transaction has a minor impact on shareholders as it relates to director compensation.

Key Dates

DateDescription
07/01/2024Date of transaction: Acquisition of phantom stock.
07/02/2024Date of signature for the report.

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