Form 4: Albertsons Companies Director Exercises Stock Options, Reports Beneficial Ownership Changes
SEC Form 4 Filing
Director Sharon L. Allen reports exercising stock options and changes in beneficial ownership of Albertsons Companies, Inc. Class A common stock.
Summary
- On February 24, 2025, Sharon L. Allen, a director of Albertsons Companies, Inc., executed a transaction involving Class A common stock.
- Allen exercised time-based restricted stock units, converting them into 6,894 shares of Class A common stock at a price of $20.55.
- Following the transaction, Allen directly owns 181,522 shares of Class A common stock.
- Allen also indirectly owns 2,000 shares through the Richard and Sharon Allen Trust.
- The restricted stock units fully vested on February 22, 2025.
Sentiment
Score: 5
Explanation: This is a neutral event. A director exercising vested stock options is a normal part of executive compensation.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a director's exercise of vested stock options, which is a common occurrence.
Stakeholder Impact
- The transaction may have a minor dilutive effect on existing shareholders due to the issuance of new shares.
Key Dates
| Date | Description |
|---|---|
| 02/22/2025 | Time-based Restricted Stock Units fully vested |
| 02/24/2025 | Date of transaction: exercise of stock options |
| 02/25/2025 | Date of signature on the Form 4 filing |
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