Form 4: Albertsons CEO Vivek Sankaran Reports Stock Transactions

Albertsons Companies CEO Vivek Sankaran reports the vesting and subsequent disposal of restricted stock units, along with acquisitions, resulting in adjustments to his beneficial ownership of Class A common stock.

Summary

• On February 24, 2025, Vivek Sankaran, CEO of Albertsons Companies, Inc., reported transactions involving Class A common stock and time-based restricted stock units.
• These transactions included the vesting of 76,719, 95,614, and 97,992 restricted stock units, each representing the right to receive one share of Class A common stock.
• Following the vesting, shares were disposed of to cover tax obligations, with 34,559, 43,070, and 44,141 shares disposed of respectively, all at a price of $20.55.
• After these transactions, Sankaran directly owns 2,243,370 shares of Class A common stock.
• He also holds 95,611 and 195,982 time-based restricted stock units that will vest in full on February 28, 2026 and February 27, 2027 respectively, contingent upon continued employment.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions, and does not inherently convey positive or negative sentiment. It's a neutral disclosure of facts.

Future Outlook

The reporting person holds additional time-based restricted stock units that will vest in the future, contingent upon continued employment.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency into the executive's holdings and aligns with regulatory requirements.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in the CEO's holdings, but the overall impact is likely minimal.

Key Dates