4/A: Albertsons Director James Donald Amends Form 4 Filing to Correct Beneficial Ownership
SEC Filing
Director James Donald files an amendment to his Form 4, correcting the total number of shares beneficially owned to exclude 604,000 shares held in trusts not controlled by him.
Summary
- James Donald, a director of Albertsons Companies, Inc., filed an amended Form 4 with the SEC.
- The amendment, dated March 21, 2025, corrects the total number of shares beneficially owned by Donald.
- The correction excludes 604,000 shares held in trusts not controlled by Donald.
- On February 24, 2025, Donald acquired 6,894 shares of Class A common stock at a price of $20.55 per share.
- This acquisition was related to the vesting of time-based restricted stock units.
- Following the reported transaction, Donald beneficially owns 1,861,800 shares directly.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing correcting a previous error. It doesn't contain information that would significantly impact investor sentiment positively or negatively.
Industry Context
This filing is a routine disclosure related to changes in beneficial ownership by a company insider, as required by the SEC. It provides transparency to investors regarding the holdings of company directors.
Stakeholder Impact
- The correction of the beneficial ownership information ensures accurate representation to shareholders.
Key Dates
| Date | Description |
|---|---|
| 02/24/2025 | Date of transaction: Acquisition of Class A common stock and vesting of restricted stock units. |
| 02/25/2025 | Date of original Form 4 filing. |
| 03/21/2025 | Date of amended Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Albertsons, Director, James Donald, Amendment, SEC, Stock, Shares, ACI
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