Dollar Tree Announces Board & Executive Compensation Changes

Ticker: DLTR · Form: 8-K · Filed: 2025-01-10T00:00:00.000Z

Sentiment: neutral

Topics: governance, executive-compensation, board-changes

Related Tickers: DLTR

TL;DR

Dollar Tree's board is shuffling, exec pay is changing. Keep an eye on this.

AI Summary

On January 10, 2025, Dollar Tree, Inc. filed an 8-K report detailing changes in its board of directors and executive compensation. The filing indicates the departure of certain directors and the election of new ones, alongside updates to compensatory arrangements for key officers. Specific details on the individuals involved and the financial implications of these changes are outlined within the report.

Why It Matters

Changes in board composition and executive compensation can signal shifts in company strategy, governance, or financial outlook, impacting investor confidence and future performance.

Risk Assessment

Risk Level: medium — Changes in leadership and compensation can introduce uncertainty regarding future strategy and financial performance.

Key Players & Entities

FAQ

What specific changes were made to the board of directors?

The filing indicates the departure of certain directors and the election of new ones, though specific names are detailed within the full report.

Were there any changes to executive compensation arrangements?

Yes, the report notes updates to compensatory arrangements for certain officers.

What is the exact date of the earliest event reported?

The earliest event reported is dated January 10, 2025.

What is Dollar Tree's state of incorporation?

Dollar Tree, Inc. is incorporated in Virginia.

What is the principal executive office address?

The principal executive offices are located at 500 Volvo Parkway, Chesapeake, Virginia 23320.

From the Filing

0000935703-25-000002.txt : 20250110 0000935703-25-000002.hdr.sgml : 20250110 20250110163035 ACCESSION NUMBER: 0000935703-25-000002 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20250110 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20250110 DATE AS OF CHANGE: 20250110 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DOLLAR TREE, INC. CENTRAL INDEX KEY: 0000935703 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-VARIETY STORES [5331] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 541387365 STATE OF INCORPORATION: VA FISCAL YEAR END: 0201 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-25464 FILM NUMBER: 25523446 BUSINESS ADDRESS: STREET 1: 500 VOLVO PARKWAY STREET 2: N/A CITY: CHESAPEAKE STATE: VA ZIP: 23320 BUSINESS PHONE: (757) 321-5000 MAIL ADDRESS: STREET 1: 500 VOLVO PARKWAY CITY: CHESAPEAKE STATE: VA ZIP: 23320 FORMER COMPANY: FORMER CONFORMED NAME: DOLLAR TREE INC DATE OF NAME CHANGE: 20080328 FORMER COMPANY: FORMER CONFORMED NAME: DOLLAR TREE STORES INC DATE OF NAME CHANGE: 19950117 8-K 1 dltr-20250110.htm 8-K dltr-20250110 0000935703 false 0000935703 2025-01-10 2025-01-10 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): January 10, 2025 DOLLAR TREE, INC. (Exact name of registrant as specified in its charter) Virginia 0-25464 26-2018846 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) 500 Volvo Parkway Chesapeake, Virginia 23320 (Address of principal executive offices) (Zip Code) ( 757 ) 321-5000 (Registrant’s telephone number, including area code) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading symbol(s) Name of each exchange on which registered Common Stock, par value $.01 per share DLTR NASDAQ Global Select Market Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Dollar Tree, Inc. (the “Company”) and Lawrence Gatta, Jr. have agreed that Mr. Gatta will step down from his role as Chief Merchandising Officer—Family Dollar on or about the end of the Company’s fiscal year 2024. Mr. Gatta has served as Chief Merchandising Officer—Family Dollar since May 2022. Upon his departure, Mr. Gatta will be eligible to receive the severance payments and benefits provided under Section 5 of his executive agreement with the Company entered into on November 12, 2024. Mr. Gatta has agreed to provide continued support, as requested, in connection wit

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