Douglas William W III 4

What Happened

• Douglas William W. III, a director of Dollar Tree, received a grant of 1,238.13 phantom shares (derivative award) on 2026-07-01. The grant is reported at $121.15 per share for a total reported value of $149,999. This is an equity award (not an open-market purchase or sale) issued as part of the company’s director compensation program.

Key Details

• Transaction date and value: 2026-07-01; 1,238.13 phantom shares at $121.15 each; total $149,999.
• Transaction type: Award/Grant (derivative phantom stock) under the Non‑Employee Director Deferred Compensation Program.
• Shares owned after transaction: Not disclosed in this filing.
• Filing date: 2026-07-06 (filed five days after the transaction date; Form 4s are generally due within two business days, so this appears later than the typical reporting window).
• Relevant footnotes:
  • Each phantom share represents the right to receive one share of Dollar Tree common stock (cash paid for any fractional share).
  • This grant represents a deferral of the annual director equity award under the company’s 2021 Omnibus Incentive Plan.
  • Phantom shares are payable in common stock upon the director’s separation from the board or on the elected distribution date.

Context

• This was a compensation grant (deferred, derivative phantom stock), not a market purchase or sale. Phantom shares are rights to future stock delivery (or cash for fractions) and do not immediately transfer common shares to the director. Such grants reflect routine director compensation rather than an immediate indication of trading intent.