Form 4: Albertsons Companies EVP Michael Theilmann Reports Stock Transactions

Michael Theilmann, EVP & Chief HR Officer of Albertsons Companies, reports the vesting and subsequent disposal of Class A common stock related to time-based restricted stock units.

Summary

• On February 24, 2025, Michael Theilmann, EVP & Chief HR Officer of Albertsons Companies, engaged in multiple transactions involving Class A common stock.
• These transactions included the vesting of time-based restricted stock units and the subsequent disposal of shares to cover tax obligations.
• The transactions occurred at a price of $20.55 per share.
• Theilmann's direct ownership of Class A common stock after these transactions is 411,549 shares.
• Theilmann also holds 57,465 time-based restricted stock units.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't convey any particularly positive or negative sentiment about the company's performance or outlook.

Future Outlook

Theilmann holds additional time-based restricted stock units that will vest on February 28, 2026, and February 27, 2027, contingent upon continued employment.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, providing transparency to investors regarding the trading activities of company executives. It is a standard practice for publicly traded companies.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies and are comparable across industries.
• The vesting schedules and terms of restricted stock units are generally aligned with industry norms for executive compensation.
• Companies like Kroger, Walmart, and Target also have executives who regularly file Form 4s to report similar transactions.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they primarily reflect the execution of pre-existing compensation agreements.
• The disclosure provides transparency to shareholders regarding executive compensation and stock ownership.

Key Dates