Form 4: Lisa Gray Reports Stock Unit Vesting and Acquisition in Albertsons Companies, Inc.
SEC Form 4 Filing
Director Lisa Gray reports the vesting of restricted stock units and subsequent acquisition of Class A common stock in Albertsons Companies, Inc.
Summary
- On February 26, 2024, Lisa Gray, a director of Albertsons Companies, Inc., reported the vesting of 1,673 time-based restricted stock units, each representing a right to receive one share of Class A common stock.
- Following the vesting, Ms. Gray acquired 1,673 shares of Class A common stock.
- Ms. Gray also acquired 6,722 time-based restricted stock units that will vest on February 22, 2025, contingent upon her continued service as a director.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to stock transactions by a company director, indicating a neutral sentiment.
Future Outlook
The acquisition of 6,722 restricted stock units that will vest on February 22, 2025, is contingent upon Lisa Gray's continued service as a director.
Industry Context
This filing is a routine disclosure of stock-based compensation for a company director, which is a common practice in publicly traded companies to align the interests of management and shareholders.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects the standard compensation practices for company directors.
Key Dates
| Date | Description |
|---|---|
| 02/26/2024 | Date of transaction: vesting of 1,673 restricted stock units and acquisition of 1,673 shares of Class A common stock. |
| 02/22/2025 | Vesting date for 6,722 time-based restricted stock units, contingent upon continued service as a director. |
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