Form 4: Albertsons Companies EVP Susan Morris Reports Dividend Equivalent Unit Acquisition
SEC Form 4 Filing
EVP & Chief Operations Officer of Albertsons Companies, Susan Morris, reports the acquisition of dividend equivalent units related to unvested restricted stock units.
Summary
- On August 9, 2024, Susan Morris, EVP & Chief Operations Officer of Albertsons Companies, acquired dividend equivalent units related to her unvested restricted stock units.
- These units are based on a quarterly dividend equivalent of $0.12 per share of common stock.
- Morris acquired 195, 483, and 678 dividend equivalent units, bringing her total holdings to 31,875, 79,066, and 110,984 units respectively.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to insider transactions, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, specifically the acquisition of dividend equivalent units, which are common in executive compensation packages.
Stakeholder Impact
- The acquisition of dividend equivalent units by a company executive may be of interest to shareholders as it reflects part of the executive compensation structure.
Key Dates
| Date | Description |
|---|---|
| 08/09/2024 | Date of transaction: Acquisition of dividend equivalent units. |
| 08/13/2024 | Date of signature on the Form 4 filing. |
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