---
schema_version: "secwatch.filing_event.v1"
accession: "0000935703-22-000025"
form_type: "8-K"
ticker: "DLTR"
cik: "0000935703"
company_name: "DOLLAR TREE, INC."
filed_at: "2022-03-21T23:59:59+00:00"
generated_at: "2026-06-26T21:34:45.848946+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Dollar Tree appoints Richard Dreiling as Executive Chairman; grants 2.25M share option at $157.17

## Summary
- Richard W. Dreiling, former Dollar General CEO, appointed Executive Chairman effective March 16, 2022, under a five-year employment agreement.
- Base salary of at least $1 million per year, but no annual or long-term incentive awards; over 95% of compensation is at-risk option.
- One-time option grant of 2,252,587 shares at $157.17 per share (closing price on March 18, 2022), vesting equally over five years.
- Option aligns with long-term shareholder value; no vesting solely on change in control; forfeiture on voluntary resignation except 30-day exercise.
- The award is an inducement grant under Nasdaq Rule 5635(c)(4); Dreiling previously led Dollar General from 2008 to 2015.

## SEC filing metadata
- accession: 0000935703-22-000025
- form_type: 8-K
- ticker: DLTR
- cik: 0000935703
- company_name: DOLLAR TREE, INC.
- filed_at: 2022-03-21T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/935703/000093570322000025/0000935703-22-000025-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/935703/000093570322000025/dltr-20220319.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000935703-22-000025
- JSON: https://secwatch.observer/filing/0000935703-22-000025.json
- Plain text: https://secwatch.observer/filing/0000935703-22-000025.txt

## Key facts
- Executive change
  Richard W. Dreiling was appointed as Executive Chairman at DOLLAR TREE, INC..
  - Action: appointed
  - Role: Executive Chairman
  source text: Richard W. Dreiling, age 68, was appointed as Executive Chairman and as a director of Dollar Tree, Inc. (the “Company” or “Dollar Tree”) effective as of March 16, 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/935703/000093570322000025/0000935703-22-000025-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.