Form 4: Albertsons Companies Director Receives Dividend Equivalent Units
SEC Form 4 Filing
Mary Beth West Stone, a director at Albertsons Companies, received 42 dividend equivalent units on August 9, 2024, related to unvested restricted stock units.
Summary
- On August 9, 2024, Mary Beth West Stone, a director of Albertsons Companies, received 42 dividend equivalent units.
- These units are related to unvested restricted stock units (RSUs).
- The dividend equivalent is $0.12 per share of common stock.
- Following this transaction, Ms. Stone directly owns 6,803 dividend equivalent units.
- The Form 4 filing was signed by Maria Fernandez, Attorney-in-Fact for Mary Beth West, on August 13, 2024.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction (dividend equivalent units) for a company director, indicating standard compensation practices. It's neutral to slightly positive as it shows the director is receiving benefits tied to company stock performance.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, ensuring fair market practices.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a standard part of executive compensation.
Key Dates
| Date | Description |
|---|---|
| 08/09/2024 | Date of transaction: Mary Beth West Stone received dividend equivalent units. |
| 08/13/2024 | Date of Form 4 signature by Maria Fernandez, Attorney-in-Fact. |
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