Form 4: Albertsons Companies Executive Anuj Dhanda Reports Stock Transactions

Anuj Dhanda, Chief Tech & Transformation Officer of Albertsons Companies, reports the acquisition and disposal of Class A common stock and restricted stock units.

Summary

• Anuj Dhanda, Chief Tech & Transformation Officer of Albertsons Companies, filed a Form 4 detailing changes in beneficial ownership.
• On February 26, 2024, Dhanda acquired 21,828 Class A common stock shares through the vesting of restricted stock units.
• Also on February 26, 2024, Dhanda disposed of 11,063 Class A common stock shares at a price of $21.44.
• Dhanda also acquired 19,770 Class A common stock shares through the vesting of restricted stock units on the same day.
• Another disposal of 10,020 Class A common stock shares occurred on February 26, 2024, at $21.44.
• Further acquisitions of 24,416 Class A common stock shares through vesting were reported on February 26, 2024.
• A final disposal of 12,375 Class A common stock shares at $21.44 was reported on February 26, 2024.
• Following these transactions, Dhanda directly owns 414,742 shares of Class A common stock.
• Dhanda also holds 19,685 Time-based Restricted Stock Units that vest in the future and 48,835 Time-based Restricted Stock Units that vest in the future.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions, with no inherent positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their stock transactions. It is typical for executives to receive stock options or restricted stock units as part of their compensation packages, which vest over time.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the stock transactions of a key executive.

Key Dates