Wenkoff Carman R 4
Research Summary
AI-generated summary
Dollar General EVP Carman R. Wenkoff Surrenders Shares to Cover Taxes
What Happened
Carman R. Wenkoff, EVP & Chief Information Officer of Dollar General Corp (DG), surrendered 8,870 shares to the issuer on April 1, 2026 to satisfy tax withholding associated with vested equity. The shares were valued at $117.17 each, for a total value of $1,039,298. The transaction is reported under code F (payment of exercise price or tax liability).
Key Details
- Transaction date: 2026-04-01; filing date: 2026-04-03 (timely filing).
- Price per share: $117.17; shares surrendered/disposed: 8,870; total value: $1,039,298.
- Footnote: 4,464 shares came from vested restricted stock units (RSUs) and 4,406 shares from vested performance share units (PSUs) granted March 25, 2025; PSUs vested based on the issuer’s fiscal 2025 adjusted EBITDA performance.
- Transaction code: F (shares surrendered to cover taxes/tax withholding).
- Shares owned after the transaction: not specified in the Form 4.
Context
This was a tax-withholding/share-surrender event tied to equity vesting—not an open-market sale—so it’s generally considered a routine administrative disposition rather than an expression of buy/sell sentiment. The PSU component reflects achievement of a company performance metric (fiscal 2025 adjusted EBITDA).