Form 4: Albertsons Companies SVP Exercises Stock Options, Sells Shares to Cover Taxes

Robert Bruce Larson, SVP & Chief Accounting Officer of Albertsons Companies, Inc., exercised stock options and sold shares to cover tax obligations on February 24, 2025.

Summary

• On February 24, 2025, Robert Bruce Larson, SVP & Chief Accounting Officer of Albertsons Companies, Inc., engaged in transactions involving Class A common stock and time-based restricted stock units.
• Larson exercised options to acquire 5,046, 5,692, and 7,456 shares of Class A common stock at a price of $20.55 per share.
• Simultaneously, Larson disposed of 2,467, 2,564, and 3,359 shares of Class A common stock at $20.55 per share to satisfy tax obligations related to the option exercises.
• Following these transactions, Larson directly owns 60,045 shares of Class A common stock.
• Larson also holds 5,689 and 14,912 time-based restricted stock units, which vest on February 28, 2026, and February 27, 2027, respectively, contingent upon continued employment.

Sentiment

Score: 5

Explanation: The document reflects standard insider trading activity related to stock options and tax obligations, indicating a neutral sentiment.

Future Outlook

The reporting person holds restricted stock units that will vest in the future, contingent upon continued employment.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, which are common among corporate executives. These filings are monitored by investors for insights into management's perspective on the company's stock.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.

Key Dates