Form 4: Albertsons Director Lisa Gray Reports Dividend Equivalent Unit Acquisition

Albertsons Companies director Lisa Gray acquired 42 dividend equivalent units related to her restricted stock units.

Summary

• Lisa Gray, a director at Albertsons Companies, reported the acquisition of 42 dividend equivalent units on November 8, 2024.
• These units are related to her 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.
• Following this transaction, Ms. Gray directly owns 6,845 dividend equivalent units.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, which is neither positive nor negative for the company's overall performance. It is a normal part of operations.

Industry Context

This is a routine filing related to director compensation and is typical for publicly traded companies.

Comparison to Industry Standards

• The granting of dividend equivalent units is a common practice in executive compensation packages across various industries.
• Many companies, such as Kroger and Walmart, also use restricted stock units and dividend equivalents as part of their compensation strategy for directors and executives.
• The specific amount of dividend equivalents is dependent on the company's dividend policy and the number of restricted stock units held by the director.

Stakeholder Impact

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

Key Dates

Keywords

Albertsons, Director, Lisa Gray, Dividend Equivalent Units, Restricted Stock Units, SEC Form 4, Insider Trading