Form 4: Albertsons Companies SVP Robert Bruce Larson Reports Stock Transactions
SEC Form 4
Robert Bruce Larson, SVP & Chief Accounting Officer of Albertsons Companies, reports acquisition and disposal of Class A common stock and performance-based restricted stock units.
Summary
- Robert Bruce Larson, SVP & Chief Accounting Officer of Albertsons Companies, filed a Form 4 detailing changes in beneficial ownership.
- On April 23, 2025, Larson acquired 14,578 Class A common stock units.
- Also on April 23, 2025, Larson disposed of 6,567 Class A common stock units at a price of $20.55.
- As of April 23, 2025, Larson directly owns 68,056 shares of Class A common stock.
- On April 17, 2025, Larson was granted 4,990 performance-based restricted stock units (PBRSUs) in three tranches, vesting on February 26, 2028, contingent upon performance goals.
- On April 17, 2025, Larson was granted 14,970 time-based restricted stock units (TBRSUs), vesting in three equal installments on February 28, 2026, February 27, 2027, and February 26, 2028.
- 14,578 performance-based restricted stock units granted on February 28, 2022 vested on April 23, 2025.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing, so the sentiment is neutral.
Future Outlook
The document outlines future vesting dates for restricted stock units, contingent on continued employment and, for performance-based units, achievement of performance goals.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities in the company's stock.
Stakeholder Impact
- The transactions may provide insights to shareholders regarding management's perspective on the company's stock value.
Key Dates
| Date | Description |
|---|---|
| 02/28/2022 | Date of grant for performance-based restricted stock units that vested on April 23, 2025 |
| 04/17/2025 | Date of grant for performance-based and time-based restricted stock units |
| 04/23/2025 | Date of stock acquisition and disposal |
| 04/25/2025 | Date of Form 4 filing |
| 02/28/2026 | First vesting date for time-based restricted stock units |
| 02/27/2027 | Second vesting date for time-based restricted stock units |
| 02/26/2028 | Final vesting date for time-based and performance-based restricted stock units |
Keywords
Form 4, beneficial ownership, stock transactions, restricted stock units, Albertsons Companies, Larson, ACI
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