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 of Albertsons Companies.
Summary
- On May 10, 2024, Chan Galbato, a director of Albertsons Companies, Inc., acquired 39 dividend equivalent units related to unvested restricted stock units.
- These units are based on a dividend equivalent of $0.12 per share of common stock.
- Following the transaction, Galbato directly owns 6,761 dividend equivalent units.
Sentiment
Score: 7
Explanation: The document is a standard regulatory filing, indicating neutral sentiment. It reflects routine compensation adjustments rather than significant strategic shifts.
Industry Context
This filing is a routine disclosure related to insider transactions and dividend equivalents, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 05/10/2024 | Date of transaction: Acquisition of dividend equivalent units. |
| 05/14/2024 | Date of signature on the Form 4 filing. |
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