Form 4: Albertsons CEO Vivek Sankaran Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Albertsons CEO Vivek Sankaran reports the acquisition of dividend equivalent units related to unvested restricted stock units.
Summary
- On August 9, 2024, Vivek Sankaran, CEO of Albertsons Companies, Inc., reported the acquisition of dividend equivalent units.
- These units are related to unvested restricted stock units (RSUs) and will vest and settle with the underlying awards.
- The reported number represents the quarterly dividend equivalent of $0.12 per share of common stock.
- Mr. Sankaran acquired 463, 1,153 and 1,773 dividend equivalent units, bringing his total holdings to 75,700, 188,686 and 290,071 units respectively.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to executive compensation, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and holdings, and it doesn't necessarily reflect a significant event for Albertsons or the grocery industry.
Stakeholder Impact
- Shareholders may be interested in executive compensation details.
Key Dates
| Date | Description |
|---|---|
| 08/09/2024 | Date of transaction: Acquisition of dividend equivalent units. |
| 08/13/2024 | Date of signature on the Form 4 filing. |
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