Form 4: Albertsons EVP Michael Withers Executes Stock Vesting
Statement of Changes in Beneficial Ownership
EVP of Retail Operations West, Michael Withers, acquired 19,467 shares of Albertsons Companies, Inc. through the vesting of performance-based restricted stock units.
Summary
- Michael Withers, EVP of Retail Operations West at Albertsons Companies, Inc., exercised and vested performance-based restricted stock units (RSUs) on April 21, 2026.
- A total of 19,467 shares were acquired through the vesting process at an exercise price of $17.90 per share.
- The reporting person disposed of 8,393 shares to satisfy tax withholding obligations related to the vesting events.
- Following these transactions, the reporting person holds a total of 24,484 shares of Class A common stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral administrative filing reflecting standard executive compensation vesting rather than a change in corporate outlook.
Positives
- The vesting of performance-based RSUs indicates that the executive met specific company performance targets set by the Compensation Committee.
- The executive maintains a significant direct ownership stake of 24,484 shares, aligning interests with shareholders.
Negatives
- The transaction involved the sale of 8,393 shares to cover tax liabilities, which is a standard but routine reduction in total potential holdings.
Risks
- Future vesting of equity is contingent upon the company meeting ongoing performance metrics as determined by the Compensation Committee.
Future Outlook
The filing does not provide forward-looking guidance regarding company performance, focusing solely on the reporting of executive equity transactions.
Management Comments
- The transactions were executed pursuant to the certification of performance-based restricted stock units by the Compensation Committee.
Industry Context
StockSavvy.ai notes that routine executive equity vesting is standard practice in the retail grocery sector, reflecting internal compensation structures rather than shifts in market strategy.
Comparison to Industry Standards
- The use of performance-based restricted stock units is consistent with executive compensation practices at major retailers like Kroger (KR) and Walmart (WMT).
- Tax withholding via share disposition is a standard industry practice for public company executives.
Stakeholder Impact
- Shareholders should note the continued alignment of executive interests through equity ownership.
Next Steps
- Future reporting of beneficial ownership changes as required by Section 16(a) of the Securities Exchange Act.
Key Dates
| Date | Description |
|---|---|
| 04/21/2026 | Date of the earliest transaction involving the vesting and disposition of shares. |
| 04/23/2026 | Date the Form 4 was signed and filed with the SEC. |
Keywords
Albertsons, ACI, Insider Trading, Form 4, Executive Compensation, Retail Operations
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