Form 4: Albertsons Companies Executive Larson Reports Stock Transactions
SEC Form 4 Filing
Robert Bruce Larson, SVP & Chief Accounting Officer of Albertsons Companies, reports the vesting and subsequent disposal of shares related to performance-based restricted stock units.
Summary
- Robert Bruce Larson, SVP & Chief Accounting Officer at Albertsons Companies, filed a Form 4.
- On April 22, 2024, 27,625 Class A common stock shares were acquired through the vesting of performance-based restricted stock units.
- Also on April 22, 2024, 12,473 shares were disposed of to cover tax obligations at a price of $21.44 per share.
- Following these transactions, Larson directly owns 74,603 shares of Class A common stock.
- The performance-based restricted stock units were granted on May 12, 2021, and vested upon certification by the Compensation Committee.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to stock transactions by a company executive. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| 05/12/2021 | Date performance-based restricted stock units were granted. |
| 04/22/2024 | Date of stock acquisition and disposal. |
| 04/24/2024 | Date of Form 4 filing. |
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