Form 4: Brian Kevin Turner, Albertsons Companies Director, Reports Dividend Equivalent Units Acquisition
SEC Form 4 Filing
Director Brian Kevin Turner reports acquisition of dividend equivalent units related to unvested restricted stock units.
Summary
- Brian Kevin Turner, a director of Albertsons Companies, Inc., filed a Form 4 on May 13, 2025.
- The filing reports the acquisition of 61 dividend equivalent units on May 09, 2025.
- These units are related to unvested restricted stock units (RSUs) and will vest and settle with the underlying awards.
- The reported number is the quarterly dividend equivalent to $0.15 per share of common stock.
- Following the transaction, Turner directly owns 9,244 dividend equivalent units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing regarding dividend equivalent units, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, specifically the acquisition of dividend equivalent units, which is a common practice for compensating holders of unvested restricted stock units.
Stakeholder Impact
- The acquisition of dividend equivalent units has a minor positive impact on the reporting person's holdings.
Key Dates
| Date | Description |
|---|---|
| 05/09/2025 | Transaction date: Acquisition of dividend equivalent units. |
| 05/13/2025 | Date of Form 4 filing. |
Keywords
Form 4, Dividend Equivalent Units, Restricted Stock Units, Brian Kevin Turner, Albertsons Companies Inc., Director, Insider Trading
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