Form 4: Albertsons EVP Michael Withers Receives Equity Grant

Albertsons Companies, Inc. EVP of Retail Operations West, Michael Withers, was granted 94,686 restricted stock units.

Summary

• Michael Withers, EVP of Retail Operations West at Albertsons Companies, Inc., received a grant of 47,343 time-based restricted stock units (TBRSUs).
• The reporting person also received three separate grants of performance-based restricted stock units (PBRSUs) totaling 47,343 units at target levels.
• The total equity award granted on April 16, 2026, amounts to 94,686 potential shares of Class A common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine regulatory disclosure regarding executive compensation that does not signal a change in company strategy or financial health.

Positives

• Equity grants align executive compensation with long-term shareholder value creation.
• The inclusion of performance-based units incentivizes the achievement of specific fiscal goals through 2028.

Negatives

• The issuance of these units will result in future shareholder dilution upon vesting.

Risks

• Vesting of performance-based units is contingent upon achieving specific financial goals for fiscal years 2026, 2027, and 2028.
• Continued employment is a mandatory requirement for the vesting of both time-based and performance-based awards.

Future Outlook

The executive's compensation is tied to performance goals spanning fiscal years 2026 through 2028, with final vesting occurring in February 2029.

Management Comments

• The awards are subject to continuous employment and, for performance units, the achievement of specific fiscal performance targets.

Industry Context

StockSavvy.ai notes that equity-based incentive structures are standard practice for senior retail executives to ensure retention and alignment with corporate performance metrics.

Comparison to Industry Standards

• The use of a mix of time-based and performance-based restricted stock units is consistent with compensation practices at major grocery retailers like Kroger and Ahold Delhaize.

Stakeholder Impact

• Shareholders may experience minor dilution upon the eventual vesting and issuance of these shares.

Next Steps

• Vesting of the first installment of time-based units on February 27, 2027.

Key Dates

Keywords

Albertsons, ACI, Form 4, Insider Trading, Equity Compensation, Restricted Stock Units