Beebe Brent A. 4
Research Summary
AI-generated summary
Dollar Tree (DLTR) CMO Brent Beebe Receives RSU Award; Surrenders Shares for Taxes
What Happened
Brent A. Beebe, Chief Merchandising Officer of Dollar Tree, received a grant of 7,359 restricted stock units (RSUs) on 2026-04-01 and on the same date had 631 shares deemed surrendered to satisfy tax withholding related to RSU vesting. The 631 surrendered shares were accounted at $108.70 per share, totaling $68,590. The RSU grant is reported as an acquisition (award); the surrendered shares are reported as a disposition for tax withholding.
Key Details
- Transaction date(s): 2026-04-01; Form 4 filed 2026-04-03 (covers the Apr 1 transactions).
- Surrendered shares: 631 shares at $108.70, total value $68,590 (tax withholding, coded F).
- Award: 7,359 RSUs granted (coded A) with $0 exercise price shown on the form.
- Footnotes:
- F1: Shares were deemed surrendered to pay tax liability resulting from vesting of RSUs.
- F2: RSUs granted under the 2021 Omnibus Incentive Plan; they vest in roughly three equal annual installments beginning on the award anniversary, subject to continued employment.
- Shares owned after the transactions: not specified in this filing.
Context
This was a compensation-related transaction (new RSU grant and routine tax-withholding surrender), not a market purchase or investment sale. Surrenders to cover taxes are common when restricted stock or RSUs vest and do not by themselves indicate an insider view on the company’s stock.