Herrmann Tracey N 4

What Happened

• Tracey N. Herrmann, Executive Vice President, Store Operations at Dollar General (DG), was granted/received 17,014 shares via performance share units (PSUs) on March 10, 2026. The filing shows an acquisition at $0.00 per share (award), total reported value $0 in purchase price terms because these are compensation awards rather than purchases.

Key Details

• Transaction date: 2026-03-10; Form 4 filed: 2026-03-12 (filed two days after the transaction).
• Transaction type/code: A (Award/Grant/Other acquisition); price reported: $0.00.
• Shares involved: 17,014 PSUs total; 5,672 PSUs will vest and be settled as unrestricted shares on April 1, 2026; the remaining 11,342 PSUs vest in two equal installments (5,671 each) on April 1, 2027 and April 1, 2028.
• Shares owned after transaction: Not specified in the filing.
• Footnote: These PSUs were from a March 25, 2025 grant and were certified by the company’s Compensation and Human Capital Management Committee on March 10, 2026 based on Dollar General’s fiscal 2025 adjusted EBITDA performance. Awards are subject to forfeiture and accelerated vesting provisions.

Context

• PSUs are performance-based equity awards that convert to common stock only if performance and time-vesting conditions are met; they are compensation, not open-market purchases or sales. The immediate settlement of 5,672 PSUs into unrestricted shares on April 1, 2026 will increase Herrmann’s direct holdings at that time if no subsequent sales occur.