Form 4: Albertsons Companies Executive Michael Theilmann Reports Dividend Equivalent Unit Acquisitions
SEC Form 4 Filing
EVP & Chief HR Officer of Albertsons Companies, Michael Theilmann, reports the acquisition of dividend equivalent units related to restricted stock units.
Summary
- Michael Theilmann, EVP & Chief HR Officer of Albertsons Companies, reported the acquisition of dividend equivalent units on May 10, 2024.
- These units are related to both unvested and accrued performance-based restricted stock units (RSUs).
- The dividend equivalent is $0.12 per share of common stock.
- The acquired units will vest and settle with the underlying awards.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's securities, providing transparency to the market.
Stakeholder Impact
- The acquisition of dividend equivalent units has a minor positive impact on the reporting person's holdings.
Key Dates
| Date | Description |
|---|---|
| 05/10/2024 | Date of dividend equivalent units acquisition |
| 05/14/2024 | Date of signature on the Form 4 filing |
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