Form 4: Brian Kevin Turner Reports Changes in Beneficial Ownership of Albertsons Companies, Inc.
SEC Form 4 Filing
Brian Kevin Turner, a director of Albertsons Companies, Inc., reports changes in beneficial ownership due to the acquisition of dividend equivalent units.
Summary
- On May 10, 2024, Brian Kevin Turner, a director of Albertsons Companies, Inc., acquired 39 dividend equivalent units related to unvested restricted stock units (RSUs).
- These dividend equivalent units are based on a quarterly dividend of $0.12 per share of common stock.
- Following this transaction, Turner directly owns 6,761 dividend equivalent units.
Sentiment
Score: 7
Explanation: The document is a standard SEC filing detailing changes in beneficial ownership, which is neutral to slightly positive as it reflects ongoing compensation and investment in the company.
Industry Context
This filing is a routine disclosure related to executive compensation and ownership changes, which is common for publicly traded companies like Albertsons.
Stakeholder Impact
- The acquisition of dividend equivalent units has a minor positive impact on Brian Kevin Turner's stake in the company.
- The dividend payment impacts shareholders receiving the dividend.
Key Dates
| Date | Description |
|---|---|
| 05/10/2024 | Date of transaction: Acquisition of dividend equivalent units. |
| 05/14/2024 | Date of signature on the report. |
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