4/A: Albertsons Executive Adjusts Beneficial Ownership

Thomas M. Moriarty, EVP of M&A and Corporate Affairs at Albertsons Companies, Inc., filed a Form 4 to clarify beneficial ownership of Class A common stock and performance-based restricted stock units.

Summary

• Thomas M. Moriarty, an executive at Albertsons Companies, Inc., filed a Form 4 to correct and clarify previous filings.
• The filing addresses the reporting of performance-based restricted stock units (RSUs) that were inadvertently reported multiple times.
• Specifically, transactions related to 941 and 1,027 shares of performance-based RSUs were reported more than once.
• The filing also reports a change in the form of beneficial ownership for 45,725 shares from direct to indirect, due to a gift of a 50% ownership interest in a family LLC to his spouse.
• This transaction, initiated in January 2026 and completed on February 27, 2026, resulted in the reporting person disclaiming beneficial ownership of 22,862 shares.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive filing, as it corrects previous errors and clarifies ownership, but also involves a disclaimer of beneficial ownership.

Positives

• The filing clarifies previous reporting errors, ensuring accurate disclosure of beneficial ownership.
• The executive is taking steps to ensure compliance and transparency in reporting.
• The adjustment reflects a completed transaction involving the transfer of ownership interest to a spouse.

Negatives

• Inadvertent multiple reporting of RSU transactions indicates a potential for internal control weaknesses in reporting processes.
• The disclaimer of beneficial ownership for 22,862 shares reduces the executive's directly reported holdings.

Risks

• Potential for continued reporting errors if internal controls are not strengthened.
• The disclaimer of beneficial ownership may be perceived negatively by some investors, although it is a result of a completed transaction.

Future Outlook

No specific future outlook or guidance is provided in this Form 4 filing, as it pertains to reporting past transactions and ownership adjustments.

Management Comments

• "This form is filed to remove transactions relating solely to performance based RSUs that were inadvertently reported multiple times."
• "Specifically, the transactions with respect to 941 and 1,027 shares were each reported more than once."
• "No changes were made to the previously reported time-based awards."
• "This form also reports a change in the form of beneficial ownership from direct to indirect (through a family LLC and/or family trusts) of 45,725 shares."
• "The reporting person gifted a 50% ownership interest in a family LLC to his spouse in a transaction that was initiated in January 2026 and was completed on February 27, 2026 representing the indirect ownership of 22,862 shares."
• "The reporting person disclaims beneficial ownership of those shares."

Industry Context

StockSavvy.ai notes that Form 4 filings are standard for executives and directors to report changes in their beneficial ownership of company stock. This particular filing is a corrective action, highlighting the importance of accurate and timely disclosures in the retail sector, where transparency is key for investor confidence.

Related Party Transactions

• Gift of a 50% ownership interest in a family LLC to the reporting person's spouse.

Stakeholder Impact

• Shareholders: Increased transparency and accuracy in insider ownership reporting, though a disclaimer of beneficial ownership reduces directly reported holdings.
• Management: Reinforces the importance of accurate reporting and internal controls.
• Spouse: Becomes a 50% owner of the family LLC, indirectly holding beneficial ownership of 22,862 shares.

Next Steps

• Ensure future filings are accurate and free from inadvertent reporting errors.
• Monitor future transactions and ownership changes reported by company insiders.

Key Dates

Keywords

Form 4, Albertsons Companies, Beneficial Ownership, Restricted Stock Units, Insider Trading, SEC Filing, Thomas M. Moriarty, ACI