8-K - Dollar General Corporation | StockGist

AI Analysis

AI-generated analysis. Always verify with the original filing.

Dollar General Corporation's Board approved Jerry W. “JJ” Fleeman, Jr. to succeed Todd J. Vasos as CEO effective January 1, 2027, with Fleeman joining the Board and Vasos serving as Senior Advisor through April 2, 2027 while remaining a Board member. Employment and transition agreements outline compensation terms including base salaries, bonuses, equity awards, and severance provisions.

Key Takeaways

1Board approved Jerry W. “JJ” Fleeman, Jr. as CEO effective January 1, 2027, succeeding Todd J. Vasos.

2Todd J. Vasos to serve as Senior Advisor from January 1, 2027 through April 2, 2027, and remain on Board.

3Fleeman's initial base salary $1.25 million, target bonus 150% of base, $500,000 signing bonus, $4M inducement RSUs, prorated $7.5M new hire equity (50% RSUs/50% PSUs).

4Vasos base salary remains $1.65 million, target Teamshare bonus 200% of base, $12M 2026 equity award.

5Fleeman age 52, prior CEO of Ahold Delhaize USA since April 2023.

6Press release issued March 24, 2026 detailing the transition.

7materiality

Current Report Details

Event Type

Management Change

Regulation Fd

Exhibits Only

Disclosure

Mandatory

Variant

8-K

Items Reported

5.02

DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS. On March 20,

Management Change

$1.3M

7.01

REGULATION FD DISCLOSURE. On March 24, 2026, the Company issued a press release regarding certain of the matters described in Item 5.02. A copy of the press rel

Regulation Fd

9.01

FINANCIAL STATEMENTS AND EXHIBITS. (a) Financial statements of businesses acquired. N/A (b) Pro forma financial information. N/A (c) Shell company transactions.

Exhibits Only

Source Document

Exhibits (4)

10.1

EXHIBIT 10.1

10.2

EXHIBIT 10.2

8-K

FORM 8-K

EXHIBIT 99