Form 4: Albertsons Director Brian Turner Acquires Dividend Equivalent Units

Albertsons Companies director Brian Kevin Turner acquired 42 dividend equivalent units related to his restricted stock units.

Summary

• Brian Kevin Turner, a director at Albertsons Companies, acquired 42 dividend equivalent units on November 8, 2024.
• These units are related to his existing restricted stock units and will vest and settle with the underlying awards.
• The dividend equivalent is based on a quarterly dividend of $0.12 per share of common stock.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing related to director compensation and does not indicate any positive or negative sentiment.

Industry Context

This is a routine filing related to director compensation and is not indicative of any broader industry trends.

Comparison to Industry Standards

• Director compensation packages often include restricted stock units and dividend equivalents, which are common practices in publicly traded companies.
• The specific amount of dividend equivalents is tied to the company's dividend policy and the number of restricted stock units held by the director.
• Companies like Kroger and Walmart also use similar compensation structures for their directors.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine part of director compensation.

Key Dates

Keywords

Albertsons, Director, Dividend Equivalent Units, Restricted Stock Units, Brian Kevin Turner, SEC Form 4, Insider Trading