Form 4: Albertsons Companies Director Brian Kevin Turner Reports Stock Transactions
SEC Form 4 Filing
Director Brian Kevin Turner reports the vesting and acquisition of Albertsons Companies Class A common stock and restricted stock units.
Summary
- On February 26, 2024, Brian Kevin Turner, a director of Albertsons Companies, Inc., reported transactions involving Class A common stock.
- Turner acquired 7,724 shares of Class A common stock upon the vesting of time-based restricted stock units.
- Following the transaction, Turner directly owns 144,854 shares of Class A common stock.
- Turner also acquired 6,722 time-based restricted stock units, which will vest on February 22, 2025, contingent upon continued service as a director.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock transactions, which is neutral in sentiment.
Future Outlook
The reporting person will receive 6,722 shares of Class A common stock if they continue to serve as a Director on February 22, 2025.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to investors regarding the actions of company leadership.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider stock ownership.
Key Dates
| Date | Description |
|---|---|
| 02/26/2024 | Date of transaction: vesting of restricted stock units and acquisition of Class A common stock. |
| 02/22/2025 | Vesting date for the newly acquired 6,722 time-based restricted stock units. |
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