Form 4: Albertsons Exec Moriarty Boosts Equity Holdings

Albertsons Companies EVP Thomas Moriarty acquired additional dividend equivalent units tied to his restricted stock units on November 7, 2025.

Summary

• Thomas M. Moriarty, EVP, M&A and Corporate Affairs at Albertsons Companies, Inc. (ACI), acquired 3,593 Dividend Equivalent Units (DEUs) on November 7, 2025.
• These DEUs were credited as dividend equivalents on his unvested Restricted Stock Units (RSUs) and accrued performance-based RSUs.
• The calculation for these DEUs was based on a quarterly dividend equivalent of $0.15 per share of common stock.
• Following these transactions, Moriarty's beneficial ownership of various tranches of DEUs now ranges from 22,694 to 175,435 units.
• The acquired DEUs are set to vest and settle concurrently with their underlying RSU awards.

Sentiment

Score: 6

Explanation: Neutral to slightly positive. It's a routine insider transaction related to compensation, showing an executive's equity stake increasing, which is generally seen as a positive alignment of interests. No significant financial or operational news.

Positives

• Insider (EVP Thomas Moriarty) increased his beneficial ownership of equity-linked securities, aligning his interests with shareholders.
• The acquisition of Dividend Equivalent Units indicates the company is paying dividends, which are being reinvested into equity-linked compensation for executives.

Future Outlook

The Dividend Equivalent Units will vest and settle with their underlying Restricted Stock Unit awards, indicating future equity settlement for the reporting person.

Management Comments

• The transaction was made pursuant to a contract, instruction, or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Industry Context

This is a routine insider transaction related to executive compensation, common across publicly traded companies. It reflects the ongoing equity compensation structure at Albertsons Companies, Inc., where dividends are credited as additional equity units to unvested awards.

Comparison to Industry Standards

• The use of Restricted Stock Units (RSUs) with Dividend Equivalent Units (DEUs) is a standard practice in executive compensation across various industries, including retail and grocery.
• This structure aligns executive incentives with shareholder returns by crediting dividends on unvested equity, ensuring executives benefit from dividend payments as if they held the underlying shares, but only upon vesting.
• No specific comparable companies or projects are mentioned in this Form 4.

Stakeholder Impact

• Shareholders: The increase in executive equity ownership through DEUs aligns management's interests with shareholders, potentially fostering long-term value creation.

Next Steps

• The acquired Dividend Equivalent Units will vest and settle with the underlying Restricted Stock Unit awards.

Key Dates

Recommendation

This Form 4 filing details a routine acquisition of dividend equivalent units by an executive as part of their compensation package. It does not contain any new information regarding the company's operational performance, financial health, or strategic direction that would warrant a change in investment recommendation. The transaction itself, while showing an increase in insider equity exposure, is not significant enough to alter the fundamental investment thesis for Albertsons Companies, Inc.

Keywords

Albertsons Companies, ACI, Form 4, Insider Trading, Thomas Moriarty, Dividend Equivalent Units, Restricted Stock Units, Executive Compensation, Equity Ownership