AG˹ٷ

STOCK TITAN

[Form 4] Dollar Tree Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Form 4 highlights for Enstar Group Limited (ESGR)

Chief Accounting Officer Girish Ramanathan has reported the disposition of 1,861 ordinary shares on 2 July 2025 at a cash value of $338 per share. The transaction coincides with the closing of the previously announced merger whereby Sixth Street Partners, LLC indirectly acquired Enstar Group pursuant to the Agreement and Plan of Merger dated 29 July 2024.

Per the merger terms, every outstanding Enstar ordinary share was cancelled and converted into the right to receive the same $338 cash consideration (before taxes). As a result, the reporting person’s direct equity stake in Enstar fell to zero shares.

The filing also details the treatment of equity awards:

  • 753 Restricted Share Units (RSUs) held by the insider fully vested, were cancelled, and converted into the cash merger consideration.
  • 520 unvested RSUs granted 20 Mar 2025 were converted into a cash-settled award that will vest in three equal annual tranches beginning 20 Mar 2026.

No derivative securities remain outstanding for the insider, and the form is filed as an individual filing (Box 6 checked).

The disclosure confirms final consummation of the merger and provides transparency on insider equity conversion, signaling that ordinary shares are no longer outstanding and investors will receive cash proceeds of $338 per share.

Punti salienti del Modulo 4 per Enstar Group Limited (ESGR)

Il Chief Accounting Officer Girish Ramanathan ha comunicato la vendita di 1.861 azioni ordinarie il 2 luglio 2025 al prezzo di 338 dollari per azione. Questa operazione coincide con la conclusione della fusione precedentemente annunciata, in base alla quale Sixth Street Partners, LLC ha acquisito indirettamente Enstar Group secondo il Contratto e Piano di Fusione datato 29 luglio 2024.

Secondo i termini della fusione, ogni azione ordinaria Enstar in circolazione è stata annullata e convertita nel diritto di ricevere la stessa considerazione in contanti di 338 dollari (al lordo delle tasse). Di conseguenza, la partecipazione diretta della persona che ha presentato la dichiarazione in Enstar è scesa a zero azioni.

Il documento dettaglia anche il trattamento delle assegnazioni di azioni:

  • 753 Restricted Share Units (RSU) detenute dall’insider, completamente maturate, sono state cancellate e convertite nel corrispettivo in contanti della fusione.
  • 520 RSU non maturate concesse il 20 marzo 2025 sono state convertite in un premio in contanti che verrà corrisposto in tre tranche annuali uguali a partire dal 20 marzo 2026.

Non risultano titoli derivati in circolazione per l’insider e la dichiarazione è stata presentata a titolo individuale (casella 6 selezionata).

La comunicazione conferma la completa conclusione della fusione e garantisce trasparenza sulla conversione delle azioni interne, indicando che le azioni ordinarie non sono più in circolazione e che gli investitori riceveranno un corrispettivo in contanti di 338 dollari per azione.

Aspectos destacados del Formulario 4 para Enstar Group Limited (ESGR)

El Director de Contabilidad Girish Ramanathan ha reportado la disposición de 1,861 acciones ordinarias el 2 de julio de 2025 a un valor en efectivo de $338 por acción. Esta transacción coincide con el cierre de la fusión previamente anunciada, mediante la cual Sixth Street Partners, LLC adquirió indirectamente Enstar Group conforme al Acuerdo y Plan de Fusión fechado el 29 de julio de 2024.

Según los términos de la fusión, cada acción ordinaria de Enstar en circulación fue cancelada y convertida en el derecho a recibir la misma consideración en efectivo de $338 (antes de impuestos). Como resultado, la participación directa de la persona que reporta en Enstar se redujo a cero acciones.

El informe también detalla el tratamiento de las concesiones de acciones:

  • 753 Unidades de Acciones Restringidas (RSU) en poder del insider, totalmente adquiridas, fueron canceladas y convertidas en la consideración en efectivo de la fusión.
  • 520 RSU no adquiridas otorgadas el 20 de marzo de 2025 fueron convertidas en un premio liquidado en efectivo que se adjudicará en tres cuotas anuales iguales a partir del 20 de marzo de 2026.

No quedan valores derivados pendientes para el insider, y el formulario se presenta como una declaración individual (casilla 6 marcada).

La divulgación confirma la finalización definitiva de la fusión y proporciona transparencia sobre la conversión de acciones internas, señalando que las acciones ordinarias ya no están en circulación y que los inversores recibirán un pago en efectivo de $338 por acción.

Enstar Group Limited (ESGR)� Form 4 주요 내용

최고계책임�(䴡) Girish Ramanathan2025� 7� 2�1,861� 보통�� 주당 338달러 현금갶치로 처분했다� 보고했습니다. � 거래� Sixth Street Partners, LLC갶 2024� 7� 29� � 합병 계약 � 계획� 따라 Enstar Group� 간접 인수� 이전� 발표� 합병� 종결� 일치합니�.

합병 조건� 따라, 모든 발행 중인 Enstar 보통주는 취소되고 동일� 주당 338달러 현금 보상� 받을 권리� 전환되었습니� (세전). 결과적으� 보고자의 Enstar 직접 지분은 0�갶 되었습니�.

신고서에� 주식 보상 처리 내역� 포함되어 있습니다:

  • 내부자갶� 보유� 753개의 제한부 주식 단위(RSU)갶 완전� 성숙하여 취소되고 현금 합병 보상으로 전환되었습니�.
  • 2025� 3� 20일에 부여된 520개의 미성� RSU� 2026� 3� 20일부� 시작하여 3년간 매년 동일� 비율� 베스팅되� 현금 정산 상으� 전환되었습니�.

내부자에 대� 남아 있는 파생증권은 없으�, � 서식은 개인 신고� 제출되었습니�(6번란 체크�).

이번 공시� 합병� 최종 완료� 확인하며 내부� 주식 전환� 대� 투명성을 제공하여 보통주갶� � 이상 발행되지 않고 투자자들� 주당 338달러� 현금 수익� 받게 됨을 알립니다.

Points clés du Formulaire 4 pour Enstar Group Limited (ESGR)

Le Directeur Comptable Girish Ramanathan a déclaré la cession de 1 861 actions ordinaires le 2 juillet 2025 à une valeur en espèces de 338 $ par action. Cette transaction coïncide avec la clôture de la fusion précédemment annoncée, par laquelle Sixth Street Partners, LLC a acquis indirectement Enstar Group conformément à l�Accord et Plan de Fusion daté du 29 juillet 2024.

Selon les termes de la fusion, chaque action ordinaire Enstar en circulation a été annulée et convertie en droit de recevoir la même contrepartie en espèces de 338 $ (avant impôts). En conséquence, la participation directe de la personne déclarant dans Enstar est tombée à zéro action.

Le dépôt précise également le traitement des attributions d’actions :

  • 753 unités d’actions restreintes (RSU) détenues par l’initié, entièrement acquises, ont été annulées et converties en contrepartie en espèces de la fusion.
  • 520 RSU non acquises attribuées le 20 mars 2025 ont été converties en une récompense réglée en espèces qui sera acquise en trois tranches annuelles égales à partir du 20 mars 2026.

Aucun titre dérivé n’est en circulation pour l’initié, et le formulaire est déposé en tant que déclaration individuelle (case 6 cochée).

La divulgation confirme la finalisation définitive de la fusion et apporte de la transparence sur la conversion des actions détenues par l’initié, indiquant que les actions ordinaires ne sont plus en circulation et que les investisseurs recevront un produit en espèces de 338 $ par action.

Formular 4 Highlights für Enstar Group Limited (ESGR)

Chief Accounting Officer Girish Ramanathan meldete den Verkauf von 1.861 Stammaktien am 2. Juli 2025 zu einem Barwert von 338 USD pro Aktie. Die Transaktion fällt mit dem Abschluss der zuvor angekündigten Fusion zusammen, bei der Sixth Street Partners, LLC Enstar Group gemäß dem Fusionsvertrag und -plan vom 29. Juli 2024 indirekt übernommen hat.

Gemäß den Fusionsbedingungen wurden alle ausstehenden Enstar-Stammaktien annulliert und in das Recht auf den gleichen Barabfindungsbetrag von 338 USD (vor Steuern) umgewandelt. Infolgedessen fiel der direkte Aktienanteil der meldenden Person an Enstar auf null Aktien.

Die Meldung beschreibt auch die Behandlung von Aktienzuteilungen:

  • 753 Restricted Share Units (RSUs), die vom Insider gehalten und vollständig unverfallbar waren, wurden annulliert und in die Barabfindung der Fusion umgewandelt.
  • 520 unverfallbare RSUs, die am 20. März 2025 gewährt wurden, wurden in eine in Bar abgewickelte Zuteilung umgewandelt, die in drei gleichen jährlichen Tranchen ab dem 20. März 2026 verfällt.

Für den Insider verbleiben keine derivativen Wertpapiere, und das Formular wurde als Einzelmeldung eingereicht (Feld 6 angekreuzt).

Die Offenlegung bestätigt den endgültigen Vollzug der Fusion und sorgt für Transparenz bei der Umwandlung der Insider-Beteiligungen, was signalisiert, dass keine Stammaktien mehr ausstehen und Investoren eine Barauszahlung von 338 USD pro Aktie erhalten werden.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: Merger closed; insider shares cancelled for $338, confirming cash-out for all ESGR holders.

The Form 4 evidences completion of Sixth Street’s acquisition of Enstar. Cancellation of 1,861 insider shares and immediate cash settlement removes residual equity risk and converts holdings into liquidity at an agreed premium price. Vesting and cash conversion of RSUs eliminate dilution overhang and align insider compensation with the merger terms. Because the deal closing was pre-announced, market impact is modest, yet the filing is a definitive proof-of-close, critical for arbitrageurs waiting on final consideration.

TL;DR: Routine Section 16 filing documents insider disposition; limited forward-looking impact.

From a trading perspective, the disclosure is largely procedural. The cash consideration and share cancellation were already embedded in market pricing when the merger agreement became definitive in 2024. The insider’s post-transaction holding is zero, and no options or derivatives remain. Remaining unvested RSUs convert into cash but vest over three years—information of interest mainly for compensation accounting, not valuation. Overall, the document confirms that equity in Enstar has transitioned to a non-public structure under Sixth Street.

Punti salienti del Modulo 4 per Enstar Group Limited (ESGR)

Il Chief Accounting Officer Girish Ramanathan ha comunicato la vendita di 1.861 azioni ordinarie il 2 luglio 2025 al prezzo di 338 dollari per azione. Questa operazione coincide con la conclusione della fusione precedentemente annunciata, in base alla quale Sixth Street Partners, LLC ha acquisito indirettamente Enstar Group secondo il Contratto e Piano di Fusione datato 29 luglio 2024.

Secondo i termini della fusione, ogni azione ordinaria Enstar in circolazione è stata annullata e convertita nel diritto di ricevere la stessa considerazione in contanti di 338 dollari (al lordo delle tasse). Di conseguenza, la partecipazione diretta della persona che ha presentato la dichiarazione in Enstar è scesa a zero azioni.

Il documento dettaglia anche il trattamento delle assegnazioni di azioni:

  • 753 Restricted Share Units (RSU) detenute dall’insider, completamente maturate, sono state cancellate e convertite nel corrispettivo in contanti della fusione.
  • 520 RSU non maturate concesse il 20 marzo 2025 sono state convertite in un premio in contanti che verrà corrisposto in tre tranche annuali uguali a partire dal 20 marzo 2026.

Non risultano titoli derivati in circolazione per l’insider e la dichiarazione è stata presentata a titolo individuale (casella 6 selezionata).

La comunicazione conferma la completa conclusione della fusione e garantisce trasparenza sulla conversione delle azioni interne, indicando che le azioni ordinarie non sono più in circolazione e che gli investitori riceveranno un corrispettivo in contanti di 338 dollari per azione.

Aspectos destacados del Formulario 4 para Enstar Group Limited (ESGR)

El Director de Contabilidad Girish Ramanathan ha reportado la disposición de 1,861 acciones ordinarias el 2 de julio de 2025 a un valor en efectivo de $338 por acción. Esta transacción coincide con el cierre de la fusión previamente anunciada, mediante la cual Sixth Street Partners, LLC adquirió indirectamente Enstar Group conforme al Acuerdo y Plan de Fusión fechado el 29 de julio de 2024.

Según los términos de la fusión, cada acción ordinaria de Enstar en circulación fue cancelada y convertida en el derecho a recibir la misma consideración en efectivo de $338 (antes de impuestos). Como resultado, la participación directa de la persona que reporta en Enstar se redujo a cero acciones.

El informe también detalla el tratamiento de las concesiones de acciones:

  • 753 Unidades de Acciones Restringidas (RSU) en poder del insider, totalmente adquiridas, fueron canceladas y convertidas en la consideración en efectivo de la fusión.
  • 520 RSU no adquiridas otorgadas el 20 de marzo de 2025 fueron convertidas en un premio liquidado en efectivo que se adjudicará en tres cuotas anuales iguales a partir del 20 de marzo de 2026.

No quedan valores derivados pendientes para el insider, y el formulario se presenta como una declaración individual (casilla 6 marcada).

La divulgación confirma la finalización definitiva de la fusión y proporciona transparencia sobre la conversión de acciones internas, señalando que las acciones ordinarias ya no están en circulación y que los inversores recibirán un pago en efectivo de $338 por acción.

Enstar Group Limited (ESGR)� Form 4 주요 내용

최고계책임�(䴡) Girish Ramanathan2025� 7� 2�1,861� 보통�� 주당 338달러 현금갶치로 처분했다� 보고했습니다. � 거래� Sixth Street Partners, LLC갶 2024� 7� 29� � 합병 계약 � 계획� 따라 Enstar Group� 간접 인수� 이전� 발표� 합병� 종결� 일치합니�.

합병 조건� 따라, 모든 발행 중인 Enstar 보통주는 취소되고 동일� 주당 338달러 현금 보상� 받을 권리� 전환되었습니� (세전). 결과적으� 보고자의 Enstar 직접 지분은 0�갶 되었습니�.

신고서에� 주식 보상 처리 내역� 포함되어 있습니다:

  • 내부자갶� 보유� 753개의 제한부 주식 단위(RSU)갶 완전� 성숙하여 취소되고 현금 합병 보상으로 전환되었습니�.
  • 2025� 3� 20일에 부여된 520개의 미성� RSU� 2026� 3� 20일부� 시작하여 3년간 매년 동일� 비율� 베스팅되� 현금 정산 상으� 전환되었습니�.

내부자에 대� 남아 있는 파생증권은 없으�, � 서식은 개인 신고� 제출되었습니�(6번란 체크�).

이번 공시� 합병� 최종 완료� 확인하며 내부� 주식 전환� 대� 투명성을 제공하여 보통주갶� � 이상 발행되지 않고 투자자들� 주당 338달러� 현금 수익� 받게 됨을 알립니다.

Points clés du Formulaire 4 pour Enstar Group Limited (ESGR)

Le Directeur Comptable Girish Ramanathan a déclaré la cession de 1 861 actions ordinaires le 2 juillet 2025 à une valeur en espèces de 338 $ par action. Cette transaction coïncide avec la clôture de la fusion précédemment annoncée, par laquelle Sixth Street Partners, LLC a acquis indirectement Enstar Group conformément à l�Accord et Plan de Fusion daté du 29 juillet 2024.

Selon les termes de la fusion, chaque action ordinaire Enstar en circulation a été annulée et convertie en droit de recevoir la même contrepartie en espèces de 338 $ (avant impôts). En conséquence, la participation directe de la personne déclarant dans Enstar est tombée à zéro action.

Le dépôt précise également le traitement des attributions d’actions :

  • 753 unités d’actions restreintes (RSU) détenues par l’initié, entièrement acquises, ont été annulées et converties en contrepartie en espèces de la fusion.
  • 520 RSU non acquises attribuées le 20 mars 2025 ont été converties en une récompense réglée en espèces qui sera acquise en trois tranches annuelles égales à partir du 20 mars 2026.

Aucun titre dérivé n’est en circulation pour l’initié, et le formulaire est déposé en tant que déclaration individuelle (case 6 cochée).

La divulgation confirme la finalisation définitive de la fusion et apporte de la transparence sur la conversion des actions détenues par l’initié, indiquant que les actions ordinaires ne sont plus en circulation et que les investisseurs recevront un produit en espèces de 338 $ par action.

Formular 4 Highlights für Enstar Group Limited (ESGR)

Chief Accounting Officer Girish Ramanathan meldete den Verkauf von 1.861 Stammaktien am 2. Juli 2025 zu einem Barwert von 338 USD pro Aktie. Die Transaktion fällt mit dem Abschluss der zuvor angekündigten Fusion zusammen, bei der Sixth Street Partners, LLC Enstar Group gemäß dem Fusionsvertrag und -plan vom 29. Juli 2024 indirekt übernommen hat.

Gemäß den Fusionsbedingungen wurden alle ausstehenden Enstar-Stammaktien annulliert und in das Recht auf den gleichen Barabfindungsbetrag von 338 USD (vor Steuern) umgewandelt. Infolgedessen fiel der direkte Aktienanteil der meldenden Person an Enstar auf null Aktien.

Die Meldung beschreibt auch die Behandlung von Aktienzuteilungen:

  • 753 Restricted Share Units (RSUs), die vom Insider gehalten und vollständig unverfallbar waren, wurden annulliert und in die Barabfindung der Fusion umgewandelt.
  • 520 unverfallbare RSUs, die am 20. März 2025 gewährt wurden, wurden in eine in Bar abgewickelte Zuteilung umgewandelt, die in drei gleichen jährlichen Tranchen ab dem 20. März 2026 verfällt.

Für den Insider verbleiben keine derivativen Wertpapiere, und das Formular wurde als Einzelmeldung eingereicht (Feld 6 angekreuzt).

Die Offenlegung bestätigt den endgültigen Vollzug der Fusion und sorgt für Transparenz bei der Umwandlung der Insider-Beteiligungen, was signalisiert, dass keine Stammaktien mehr ausstehen und Investoren eine Barauszahlung von 338 USD pro Aktie erhalten werden.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
KELLY EDWARD J III

(Last) (First) (Middle)
500 VOLVO PARKWAY

(Street)
CHESAPEAKE VA 23320

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
DOLLAR TREE, INC. [ DLTR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
07/01/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Phantom Stock (1) 07/01/2025 A 369.46(2) (3) (3) Common Stock 369.46 $101.5 369.46 D
Phantom Stock (1) 07/01/2025 A 2,463.05(4) (3) (3) Common Stock 2,463.05 $101.5 2,832.51 D
Explanation of Responses:
1. Each share of phantom stock represents the right to receive one share of Dollar Tree common stock, and cash for any fractional shares.
2. Represents deferral of director fees under the Non-Employee Director Deferred Compensation Program.
3. Shares of phantom stock are payable in common stock following the earlier of the director's separation from the Board or the specified date of distribution pursuant to the director's deferral election.
4. Represents deferral of the annual director equity award under the Non-Employee Director Deferred Compensation Program.
/s/ John S. Mitchell Jr., attorney-in-fact for Mr. Kelly, III 07/03/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

When did the Sixth Street–Enstar merger close?

2 July 2025, as stated in the Form 4 explanation of responses.

What cash amount do Enstar (ESGR) shareholders receive per share?

Each ordinary share is converted into $338 in cash, before any withholding taxes.

How many Enstar shares did Chief Accounting Officer Girish Ramanathan dispose of?

He disposed of 1,861 ordinary shares in connection with the merger closing.

What happened to the insider’s Restricted Share Units (RSUs)?

753 RSUs vested and were paid in cash; 520 unvested RSUs were converted to cash awards vesting annually from 20 Mar 2026.

Does the insider still hold any Enstar equity?

No. Following the merger and share cancellation, the reporting person reports zero ordinary shares owned.
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