No. of Recommendations: 2
" On April 2, after the market close, President Donald Trump announced “Liberation Day” tariffs on trading partners all over the world. The next trading day, Dollar Tree stock tumbled 13% to close at $67.22. Shares have come back since then.
Glendinning paid $1.24 million on April 14 and April 15 for a total of 17,000 Dollar Tree shares, an average price of $72.75 each. He now owns 49,353 Dollar Tree shares in a personal account, according to a form that Glendinning filed with the Securities and Exchange Commission.
Dollar Tree didn’t respond to a request to make Glendinning available for comment. It’s his first open-market purchase of Dollar Tree stock. Other shares that the CFO owns are in the form of unvested restricted stock units, or RSUs, that are part of his compensation.
Glendinning is relatively new in his post. He was named CFO effective on March 30, a promotion from a “senior role focused on enterprisewide transformation initiatives” in which Glendinning had served since January. Before that, he was CEO of retail chain Express and CFO of Tyson Foods."
