Form 4: Albertsons Companies Director Kim Fennebresque Reports Stock Unit Vesting
SEC Form 4 Filing
Director Kim Fennebresque reports vesting of restricted stock units into Class A common stock of Albertsons Companies.
Summary
- On February 24, 2025, Kim Fennebresque, a director of Albertsons Companies, Inc., reported a transaction involving time-based restricted stock units.
- The transaction involved the vesting of 6,894 restricted stock units, each representing a right to receive one share of Class A common stock.
- These units converted into 6,894 shares of Class A common stock at a price of $20.55 per share.
- Following the transaction, Fennebresque directly owns 116,044 shares of Class A common stock.
Sentiment
Score: 5
Explanation: This is a neutral report of a standard transaction. It doesn't indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company directors.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects a change in the holdings of a company director.
Key Dates
| Date | Description |
|---|---|
| 02/22/2025 | Restricted stock unit award fully vested |
| 02/24/2025 | Date of transaction (vesting of stock units) |
| 02/26/2025 | Date of signature on the Form 4 filing |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.