REARDON KATHLEEN A 4
Research Summary
AI-generated summary
Dollar General (DG) EVP Kathleen Reardon Receives Award
What Happened
Kathleen A. Reardon, EVP & Chief People Officer of Dollar General (DG), was credited with 30,626 performance share units (PSUs) on March 10, 2026. The Form 4 records an acquisition of 30,626 shares at $0.00 (award), reflecting PSUs earned under a March 25, 2025 grant as a result of the company’s fiscal 2025 adjusted EBITDA performance. Each PSU represents the right to one share; the award was certified by the Compensation and Human Capital Management Committee.
Key Details
- Transaction date: March 10, 2026 (Form filed March 12, 2026 — timely filing).
- Reported price: $0.00 per share (award/PSU), total reported value $0.
- Vesting/settlement: 10,210 PSUs will vest and be settled in unrestricted shares on April 1, 2026; the remaining 20,416 PSUs vest 10,208 on April 1, 2027 and 10,208 on April 1, 2028.
- Origin: PSUs earned from a March 25, 2025 grant and certified due to FY2025 adjusted EBITDA performance.
- Other provisions: Award subject to forfeiture and accelerated vesting rules per plan.
- Shares owned after transaction: not specified in the provided filing.
Context
This was an earned equity award (performance-based PSU), not an open-market purchase or sale. PSUs are a form of compensation that convert to shares per the specified performance and time-based vesting schedule; such awards reflect company compensation outcomes rather than an insider buying or selling stock.