Mantle Ridge LP, the activist investment firm that holds an influential stake in Dollar Tree, Inc. ($DLTR), sold 2,230,455 shares of the discount retailer on June 24, 2026, at an average price of $111.31 per share. The transaction totaled approximately $248.3 million and was recorded as an open-market sale. The Form 4 disclosure was filed with the SEC on June 25, one day after the trade.
Following the sale, Mantle Ridge — classified in the filing as an entity rather than an individual officer or director — retained 10,476,208 shares of $DLTR, leaving it with a sizable continuing position in the company. The filing is the only Form 4 transaction from Mantle Ridge recorded in Dollar Tree's recent history, making direct comparisons to earlier activity from the fund unavailable in the disclosure record.
Other Dollar Tree insiders have been active in the stock across the past twelve months. CFO Stewart Glendinning purchased a combined 3,500 shares in early September 2025 across two transactions totaling roughly $342,000. Around the same time, Director Stephanie Stahl sold 1,185 shares for approximately $119,000. Chief Merchandising Officer Brent Beebe sold 2,200 shares in December 2025 for about $274,000, and Chief Information Officer Robert Aflatooni recorded smaller sales in June 2025, October 2025, and January 2026. None of those transactions approached the scale of the Mantle Ridge filing.
Congressional traders have also disclosed positions in $DLTR over the past year. Rep. Michael T. McCaul (R) has been among the most active, with multiple purchases and sales ranging from roughly $15,000 to $100,000 filed between mid-2025 and early 2026. Rep. Josh Gottheimer (D) disclosed a sale on April 9, 2026, filed 40 days after the trade. Rep. Ro Khanna (D) disclosed two separate sales in the fall of 2025. Congressional disclosure amounts reflect midpoint estimates of the bracketed ranges required under the STOCK Act, not exact figures.
Dollar Tree operates in the retail sector. At the $111.31 per-share price recorded in the Mantle Ridge filing, the company's shares were trading materially above the sub-$100 range where several insider purchases were disclosed in mid-2025, though the two periods reflect different market conditions and involve different parties.