Form 4: Albertsons Companies Director Chan Galbato Reports Dividend Equivalent Units Acquisition
SEC Form 4 Filing
Director Chan Galbato reports acquisition of dividend equivalent units related to unvested restricted stock units in Albertsons Companies, Inc.
Summary
- On August 9, 2024, Chan Galbato, 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, Galbato directly owns 6,803 dividend equivalent units.
Sentiment
Score: 7
Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't contain any information that would significantly impact investor sentiment positively or negatively.
Industry Context
This filing is a routine disclosure related to director's holdings and dividend equivalents, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 08/09/2024 | Date of transaction: Acquisition of 42 dividend equivalent units |
| 08/13/2024 | Date of signature on the Form 4 filing |
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