Form 4: Albertsons EVP Robert Backus Executes Stock Transaction
Statement of Changes in Beneficial Ownership
EVP of Retail Operations East, Robert Backus, acquired 16,002 shares of Albertsons Companies, Inc. through the vesting of performance-based restricted stock units.
Summary
- Robert Backus, EVP of Retail Operations East at Albertsons Companies, Inc., exercised performance-based restricted stock units (RSUs) on April 21, 2026.
- The transaction involved the acquisition of 16,002 shares of Class A common stock at a price of $17.90 per share.
- A total of 7,145 shares were withheld by the company to satisfy tax obligations related to the vesting.
- Following these transactions, the reporting person holds a total of 104,577 shares of Class A common stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine administrative filing regarding executive compensation and does not signal a change in company strategy or financial health.
Positives
- The transaction reflects the successful vesting of performance-based equity, indicating the achievement of pre-defined company performance goals.
Negatives
- The withholding of 7,145 shares for tax purposes represents a reduction in the potential total share ownership for the executive.
Risks
- None identified in this specific Form 4 filing.
Future Outlook
No forward-looking guidance provided in this filing.
Management Comments
- The performance-based restricted stock units were granted on March 20, 2023, and vested upon certification by the Compensation Committee.
Industry Context
StockSavvy.ai notes that executive equity vesting is a standard corporate governance practice, reflecting the alignment of management incentives with long-term company performance metrics.
Comparison to Industry Standards
- The transaction follows standard SEC reporting requirements for executive compensation and equity ownership changes.
- The use of performance-based restricted stock units is consistent with compensation structures at major retail competitors like Kroger and Walmart.
Stakeholder Impact
- Minimal impact on shareholders as this is a routine equity vesting event for an existing executive.
Next Steps
- No future actions or milestones were disclosed in this filing.
Key Dates
| Date | Description |
|---|---|
| 04/21/2026 | Date of the earliest transaction involving the vesting and acquisition of shares. |
| 04/23/2026 | Date the Form 4 was signed and filed with the SEC. |
Keywords
Albertsons, ACI, Insider Trading, Form 4, Retail Operations, Equity Vesting
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.