Saenz Jennifer 4

What Happened
Jennifer Saenz, EVP and Chief Commercial Officer of Albertsons Companies (ACI), received a total of 2,000 restricted stock units (RSUs) reported on a Form 4 covering grants dated Feb 6, 2026. These are derivative awards (no cash purchase) — the filing shows N/A for per‑share price and no immediate cash value; the RSUs represent contractual rights to receive Class A common shares on future vesting dates.

Key Details

• Transaction date: 2026-02-06 (Form 4 filed 2026-02-10). The awards are listed as grants (code A) and per‑share price is N/A.
• Total shares awarded: 2,000 RSUs (multiple tranches).
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Vesting/footnotes:
  • Time‑based RSU tranches vest on various dates (examples in the filing): Feb 28, 2026; Feb 27, 2027; Feb 26, 2028; May 1, 2027 (each contingent on continued employment).
  • Dividend‑equivalent RSUs were also credited (quarterly dividend equivalent noted as $0.15 per share) and will settle with the underlying performance awards.
• Filing timing: Form 4 was dated Feb 10, 2026 for a Feb 6, 2026 transaction. That is outside the typical two business‑day Form 4 reporting window and may indicate a late filing.

Context
RSUs are not an immediate market purchase or sale — they are promises to deliver shares when they vest (subject to continued employment). Such awards are common as compensation and do not by themselves signal the insider is buying or selling shares for investment purposes. The dividend‑equivalent RSUs simply credit additional units tied to accrued dividends on performance awards and will convert/settle with those underlying awards at vesting.