CALBERT MICHAEL M 4
Research Summary
AI-generated summary
Dollar General (DG) Director Michael Calbert Receives Award
What Happened
Michael M. Calbert, a director of Dollar General Corp (DG), received an award of 1,647 restricted stock units (RSUs) on May 28, 2026. The RSUs were granted at a $0.00 per-share acquisition price (i.e., no cash paid by the insider); economic value will depend on DG's share price when/if the units vest and convert to shares. This type of award is typically part of director compensation rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-05-28; Form 4 filed: 2026-05-29 (timely filing).
- Award: 1,647 restricted stock units (grant, code A) at $0.00 per unit (total reported cost $0).
- Vesting: RSUs vest on May 28, 2027, subject to forfeiture and accelerated vesting provisions (see footnote F1).
- Footnote F2: The grant includes 701.910769 additional RSUs that were credited as dividend equivalent rights on 7/22/2025, 10/21/2025, 1/20/2026 and 4/21/2026.
- Shares owned after transaction: not specified in the provided filing summary.
Context
Restricted stock units are a form of deferred equity compensation that convert to shares (or cash) upon vesting; they are not an immediate cash purchase or sale. Director RSU grants are often routine compensation and do not, by themselves, indicate a trading signal by the insider.