Form 4: Albertsons Companies Director Kim Fennebresque Reports Dividend Equivalent Units Acquisition
SEC Form 4 Filing
Director Kim Fennebresque reports acquisition of dividend equivalent units related to unvested restricted stock units of Albertsons Companies, Inc.
Summary
- On May 10, 2024, Kim Fennebresque, a director of Albertsons Companies, Inc., acquired 39 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, Fennebresque directly owns 6,761 dividend equivalent units.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing indicating standard compensation practices. It doesn't suggest any significant positive or negative implications for the company's financial health or future prospects.
Industry Context
This filing is a routine disclosure related to director's compensation and holdings in the company, which is common in publicly traded companies.
Stakeholder Impact
- The acquisition of dividend equivalent units has a minimal direct impact on shareholders, employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 05/10/2024 | Date of transaction: Kim Fennebresque acquired 39 dividend equivalent units. |
| 05/14/2024 | Date of signature on the Form 4 filing. |
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