Form 4: Albertsons Exec Saenz Receives Dividend Equivalent Units

Albertsons Companies EVP, Chief Commercial Officer Jennifer Saenz was credited with dividend equivalent units on her unvested restricted stock units.

Summary

• Jennifer Saenz, Executive Vice President and Chief Commercial Officer of Albertsons Companies, Inc. (ACI), was credited with dividend equivalent units (DEUs) on November 7, 2025.
• These DEUs represent quarterly dividends of $0.15 per share of common stock on her unvested restricted stock units (RSUs) and accrued performance-based RSUs.
• A total of 2,025 DEUs were acquired across several tranches on this date.
• Following these transactions, Saenz beneficially owns a total of 241,369 dividend equivalent units.
• These DEUs will vest and settle concurrently with their underlying RSU awards.

Sentiment

Score: 6

Explanation: Slightly positive, as it indicates routine executive compensation and aligns management's interests with shareholders through increased beneficial ownership of equity-linked instruments.

Positives

• The acquisition of dividend equivalent units increases Jennifer Saenz's beneficial ownership in Albertsons Companies, aligning her interests with shareholders.
• This transaction is a routine part of executive compensation, reflecting the company's dividend policy on outstanding equity awards.

Future Outlook

The dividend equivalent units are expected to vest and settle with their underlying restricted stock unit awards, indicating a future conversion to Class A common stock upon vesting.

Industry Context

The crediting of dividend equivalent units on unvested equity awards is a common practice in executive compensation across various industries, including the retail and grocery sector, to ensure executives benefit from dividends declared on their unvested holdings.

Stakeholder Impact

• Shareholders: This routine compensation event aligns executive incentives with shareholder value creation, as the executive's beneficial ownership increases with dividend accruals.
• Employees: Reflects standard compensation practices for senior executives.

Next Steps

• The dividend equivalent units will vest and settle with their underlying restricted stock unit awards at a future date.

Key Dates

Keywords

Albertsons Companies, ACI, Jennifer Saenz, Form 4, Insider Transaction, Dividend Equivalent Units, Restricted Stock Units, Executive Compensation, Beneficial Ownership