Cividino Claudia 4
Research Summary
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Signet (SIG) President Claudia Cividino Receives RSU Award
What Happened
- Claudia Cividino, President (Jared), was reported on Form 4 as acquiring 20.31 shares on 2026-02-20 as an award (transaction code A). The report lists the price per share as $0.00 (no cash paid), so the immediate cash value recorded is $0.
- This acquisition represents restricted stock units (RSUs) granted through the application of dividend equivalent rights, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-02-20; Form 4 filed: 2026-02-23 (filed within the two-business-day window).
- Amount acquired: 20.31 shares / RSUs; reporting price: $0.00.
- Shares owned after the transaction: the filing does not list a total post-transaction share count; footnote F2 notes 8,597.09 RSUs are included and remain subject to vesting/forfeiture.
- Notable footnotes:
- F1: These 20.31 RSUs were issued via dividend equivalent rights accrued on RSUs granted after April 2, 2025; they will vest on the same schedule as the underlying RSUs.
- F2: Includes 8,597.09 RSUs subject to vesting/forfeiture.
- Transaction code: A = Grant/award/other acquisition. No indication of a 10b5-1 plan, gift, or tax withholding in this filing.
Context
- This was an award of RSUs via dividend equivalents (a non-cash equity accrual). Such grants are routine compensation adjustments and do not by themselves indicate buying or selling sentiment.
- The RSUs will vest according to the underlying RSU agreements; until vesting they remain subject to forfeiture as noted.