Backus Robert 4
Research Summary
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Albertsons (ACI) EVP Robert Backus Receives RSU Awards
What Happened
Robert Backus, EVP Retail Operations East at Albertsons Companies (ACI), received multiple grants of time‑based restricted stock units (RSUs) on Feb 6, 2026. The filing reports seven awards of 46, 217, 303, 574, 51, 37 and 88 RSUs, totaling 1,316 RSUs. These are derivative awards (no purchase price reported) that convert to one share of Class A common stock per RSU upon vesting.
Key Details
- Transaction type: Award/Grant (code A) — derivative RSUs, price N/A.
- Transaction date: Feb 6, 2026; Form 4 filed Feb 10, 2026 (timely).
- Awards: 46, 217, 303, 574, 51, 37 and 88 RSUs — total 1,316 RSUs.
- Vesting/footnotes: Footnotes indicate time‑based RSUs vest on various dates (F1: Feb 28, 2026; F2: Feb 27, 2027; F3: Feb 26, 2028; F4: May 1, 2027). F5 notes RSUs credited as dividend equivalents (quarterly equivalent of $0.15 per share) that will vest/settle with the underlying awards.
- Shares owned after transaction: Not disclosed in this filing.
- Filing timeliness: Filed within the Form 4 deadline (not marked late).
Context
These grants are awards that vest on specified future dates if Backus remains employed; they are not open‑market purchases or sales and thus do not indicate an immediate market purchase or disposition. Dividend equivalents (F5) reflect small additional RSU credits tied to accrued performance awards and will settle with those underlying awards.