Form 4: Albertsons Companies CFO Sharon McCollam Reports Stock Transactions
SEC Form 4 Filing
Sharon McCollam, CFO of Albertsons Companies, reports the vesting and subsequent disposal of performance-based restricted stock units, along with associated tax withholding.
Summary
- On April 22, 2024, Sharon McCollam, the President & CFO of Albertsons Companies, Inc., reported transactions involving Class A common stock.
- McCollam acquired 117,055 shares and 121,894 shares through the vesting of performance-based restricted stock units.
- Simultaneously, McCollam disposed of 46,062 shares and 47,966 shares to cover tax obligations at a price of $21.44 per share.
- Following these transactions, McCollam directly owns 299,188 shares of Class A common stock.
- She no longer holds any performance-based restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, which carries a neutral sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common practice and required by the SEC to ensure transparency and prevent insider trading.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation adjustments.
Key Dates
| Date | Description |
|---|---|
| September 2021 | Performance-based restricted stock units were granted. |
| 04/22/2024 | Date of the reported stock transactions, including vesting and disposal of shares. |
| 04/24/2024 | Date of signature on the Form 4 filing. |
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