Sandler Debra A. 4
Research Summary
AI-generated summary
Dollar General (DG) Director Debra Sandler Receives RSU Award
What Happened
- Debra A. Sandler, a director of Dollar General Corp. (DG), received an award of 1,647 restricted stock units (RSUs) on 2026-05-28 (acquisition code A). The grant was recorded at $0.00 per share (typical for RSU awards). Separately, 0.326 fractional shares were disposed to the issuer on 2026-05-28 at $109.90 per share, resulting in $36. The RSUs vest on May 28, 2027, subject to forfeiture and certain accelerated vesting provisions.
Key Details
- Transaction dates: 2026-05-28 (reported 2026-05-29).
- Award: 1,647 RSUs @ $0.00 (vesting 5/28/2027) — reported as an acquisition (A).
- Disposition: 0.326 shares @ $109.90 = $36 (cashout of fractional share) — reported as disposition to issuer (D).
- Shares owned after transaction: Not specified in the provided filing details.
- Footnotes:
- F1: RSUs represent rights to receive shares upon vesting (vesting 5/28/2027; forfeiture/acceleration provisions apply).
- F2: The grant/holdings include 102.531052 additional RSUs from dividend equivalents and 14.748 shares from dividend reinvestment plan transactions (exempt transactions).
- F3: The $36 disposal reflects cashing out a fractional share resulting from an RSU payout.
- Filing timeliness: Report filed 2026-05-29 for transactions on 2026-05-28 (within normal Form 4 timing).
Context
- This was an equity award (RSUs), not an open-market purchase or a market sale. RSU grants are compensation and typically vest over time; the small disposition was a routine cashout of a fractional share from an RSU payout and does not indicate a conventional open-market sale.