Form 4: Albertsons Companies SVP Acquires Dividend Equivalent Units
SEC Form 4 Filing
Robert Bruce Larson, SVP & Chief Accounting Officer of Albertsons Companies, acquired dividend equivalent units related to restricted stock units.
Summary
- Robert Bruce Larson, SVP & Chief Accounting Officer of Albertsons Companies, acquired dividend equivalent units on May 10, 2024.
- These units are related to both unvested and performance-based restricted stock units (RSUs).
- The dividend equivalent is $0.12 per share of common stock.
- Larson acquired 28, 64, and 126 dividend equivalent units related to unvested RSUs, bringing his total holdings to 4,949, 11,161, and 21,936 units respectively.
- He also acquired 65 and 35 dividend equivalent units related to accrued performance-based RSUs, increasing his holdings to 14,951 and 16,962 units respectively.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to dividend equivalents, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track management's sentiment and alignment with company performance.
Stakeholder Impact
- The acquisition of dividend equivalent units has a minimal direct impact on stakeholders.
Key Dates
| Date | Description |
|---|---|
| 05/10/2024 | Date of transaction: Acquisition of dividend equivalent units |
| 05/14/2024 | Date of signature on the Form 4 filing |
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