Aflatooni Robert 4
Research Summary
AI-generated summary
Dollar Tree (DLTR) CIO Robert Aflatooni Receives RSUs; Shares Surrendered for Taxes
What Happened
- Robert Aflatooni, Chief Information Officer of Dollar Tree, was granted 8,739 restricted stock units (RSUs) on 2026-04-01 (acquisition reported at $0.00). On the same date, 2,810 shares were surrendered to cover tax withholding related to the vesting of RSUs; those surrendered shares were valued at $108.70 each (2,810 × $108.70 = $305,447). The surrender is a tax withholding disposition, not an open-market sale.
Key Details
- Transaction dates: 2026-04-01 (reported on Form 4 filed 2026-04-03).
- Award: 8,739 RSUs granted (transaction code A, acquisition price $0.00).
- Tax withholding/disposition: 2,810 shares surrendered (transaction code F) at $108.70 each, total $305,447.
- Shares owned after the transaction: Not specified in the provided filing excerpt.
- Footnotes: F1 = shares surrendered to pay tax liability from RSU vesting; F2 = RSUs granted under the 2021 Omnibus Incentive Plan and vest in roughly three equal annual installments starting on the award anniversary, subject to continued employment.
- Filing timeliness: Form filed 2026-04-03 for a 2026-04-01 transaction (within the typical 2-business-day Form 4 reporting window).
Context
- Surrendering shares to cover taxes is a routine, administrative action tied to equity compensation and does not necessarily indicate a change in insider sentiment. The RSUs are a grant (not a purchase) and will vest over time per the plan terms; the transaction is not an exercise of options nor a market sale.