Withers Michael 4

What Happened

• Michael Withers, Executive Vice President, Retail Operations West at Albertsons Companies (ACI), received a series of restricted stock unit (RSU) awards on Feb 6, 2026 totaling 1,261 RSUs. Each RSU represents a contractual right to receive one share of Class A common stock upon vesting. No cash was paid (price reported as N/A) because these are derivative awards, not open‑market purchases.
• The awards have staggered vesting—some vest in 2026, 2027 and 2028 (see footnotes below)—and one component represents dividend equivalents tied to performance RSUs. RSUs convert to shares only if vesting conditions (chiefly continued employment) are met.

Key Details

• Transaction date: Feb 6, 2026; Form 4 filed Feb 10, 2026 (filing appears timely).
• Total shares/units granted: 1,261 RSUs (derivative awards; price N/A).
• Vesting/conditions: Awards include time‑based RSUs vesting Feb 28, 2026; Feb 27, 2027; Feb 26, 2028; and Aug 1, 2027, plus RSUs credited as dividend equivalents that will vest/settle with the underlying awards. Vesting is contingent on continued employment through each vest date.
• Shares owned after transaction: Not specified in the provided data.
• Footnote callouts: F1–F4 = time‑based RSUs (each equals one share at vest); F5 = dividend‑equivalent RSUs (quarterly DE at $0.15 per share to be settled with underlying awards).
• Transaction type code: A (award/grant/other acquisition). No sale, purchase, or exercise reported.

Context

• RSU grants are compensation awards and do not represent an immediate market purchase or sale; they become shares only if and when they vest. Such awards are common components of executive pay and may be intended for retention.
• Because these are grants (not open‑market buys or sales), they should be interpreted as compensation/retention activity rather than a direct bullish or bearish signal.