Form 4: Albertsons Companies Director Allen Gibson Reports Dividend Equivalent Units Acquisition
SEC Form 4 Filing
Director Allen Gibson reports acquisition of dividend equivalent units related to unvested restricted stock units in Albertsons Companies, Inc.
Summary
- On August 9, 2024, Allen Gibson, a director of Albertsons Companies, Inc., acquired 42 dividend equivalent units.
- These units are related to unvested restricted stock units (RSUs) and will vest and settle with the underlying awards.
- The dividend equivalent is $0.12 per share of common stock.
- Following the transaction, Gibson directly owns 6,803 dividend equivalent units.
Sentiment
Score: 7
Explanation: The document is a standard regulatory filing detailing an insider transaction. It is neutral in tone and reflects routine compensation practices.
Industry Context
This filing is a routine disclosure of insider transactions, specifically the acquisition of dividend equivalent units, which is a common practice in executive compensation.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it involves dividend equivalent units related to existing RSUs.
Key Dates
| Date | Description |
|---|---|
| 08/09/2024 | Date of transaction: Allen Gibson acquired 42 dividend equivalent units. |
| 08/13/2024 | Date of signature on the Form 4 filing. |
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