Form 4: Albertsons Companies EVP Susan Morris Reports Stock Transactions
SEC Form 4 Filing
EVP & Chief Operations Officer of Albertsons Companies, Susan Morris, reports acquisition and disposal of Class A common stock and restricted stock units.
Summary
- Susan Morris, EVP & Chief Operations Officer of Albertsons Companies, reported transactions involving Class A common stock.
- On February 24, 2025, Morris acquired and disposed of shares related to the vesting of restricted stock units.
- The transactions involved the acquisition of shares at a price of $20.55.
- Following the reported transactions, Morris beneficially owns 834,084 shares of Class A common stock.
- The transactions also involved time-based restricted stock units that vest on February 28, 2026, and February 27, 2027, contingent upon continued employment.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Future Outlook
The reporting person holds restricted stock units that will vest in the future, contingent upon continued employment.
Industry Context
This is a routine disclosure of insider transactions, which is common for executives of publicly traded companies. It provides transparency into the trading activities of company insiders.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the US, ensuring transparency in insider trading activities.
- Similar filings are made by executives at comparable companies like Kroger (KR) and Walmart (WMT) when they engage in stock transactions.
- The number of shares and value of transactions are typical for an executive at Morris's level.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
- It assures stakeholders that executives' actions are being monitored and disclosed.
Key Dates
| Date | Description |
|---|---|
| 02/24/2025 | Date of earliest transaction involving Class A common stock and restricted stock units. |
| 02/26/2025 | Date of signature for the Form 4 filing. |
| 02/28/2026 | Date when some time-based restricted stock units will vest. |
| 02/27/2027 | Date when some time-based restricted stock units will vest. |
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.