Larson Michelle 4
4 · Albertsons Companies, Inc. · Filed Apr 20, 2026
Research Summary
AI-generated summary of this filing
Albertsons (ACI) CMO Michelle Larson Receives RSU Awards
What Happened
Michelle Larson, Chief Merchandising Officer of Albertsons Companies (ACI), received four equity awards on April 16, 2026 totaling 213,806 restricted stock units (RSUs). The grants break down as 106,903 time‑based RSUs and three performance‑based RSU awards of 35,635, 35,634 and 35,634 units. No cash was exchanged and no per‑share price is reported because these are equity awards (derivative grants), not open‑market purchases or sales.
Key Details
- Transaction date: April 16, 2026. Transaction code: A (award/grant). Price: N/A (RSU grants).
- Total units granted: 213,806 RSUs (106,903 time‑based; 107,903 reported as three performance‑based awards).
- Vesting (time‑based): the 106,903 TBRSUs vest in three equal installments on Feb 27, 2027; Feb 26, 2028; and Feb 24, 2029, subject to continued employment.
- Vesting (performance‑based): PBRSUs vest on Feb 24, 2029 only if performance goals for fiscal years 2026–2028 are met and the Compensation Committee certifies achievement; the reported PBRSU counts are "target" amounts and the actual number earned will depend on performance.
- Each RSU entitles the holder to one share of Class A common stock upon vesting.
- Shares owned after the transaction are not reported on the Form 4.
- Filing: Report filed April 20, 2026 (within the standard two business‑day reporting window).
Context
RSU grants are a form of compensation and do not represent immediate stock ownership until units vest and convert to shares. Time‑based RSUs vest with continued service; performance RSUs depend on future company performance and committee certification. These awards are routine executive compensation and should be viewed differently than open‑market purchases (which can signal confidence) or sales (which can signal liquidity needs).
Insider Transaction Report
- Award
Time-based Restricted Stock Units
[F1]2026-04-16+106,903→ 106,903 total→ Class A common stock, par value $0.01 (106,903 underlying) - Award
Performance-Based Restricted Stock Units
[F2]2026-04-16+35,635→ 35,635 total→ Class A common stock, par value $0.01 (35,635 underlying) - Award
Performance-Based Restricted Stock Units
[F2]2026-04-16+35,634→ 35,634 total→ Class A common stock, par value $0.01 (35,634 underlying) - Award
Performance-Based Restricted Stock Units
[F2]2026-04-16+35,634→ 35,634 total→ Class A common stock, par value $0.01 (35,634 underlying)
Footnotes (2)
- [F1]Each time-based restricted stock unit ("TBRSU") entitles the holder to one share of Class A common stock of Albertsons Companies, Inc. (the "Company"). The award vests in three equal installments on February 27, 2027, and February 26, 2028, and February 24, 2029, provided the reporting person remains continuously employed through each vesting date.
- [F2]Each performance-based restricted stock unit ("PBRSU") award granted on April 16, 2026. Each PBRSU entitles the holder to one share of Class A common stock of the Company, vesting on February 24, 2029, contingent upon the achievement of performance goals for fiscal years 2026, 2027, and 2028, certification by the Compensation Committee, and the reporting person's continued service through the certification date. The reported number of PBRSUs is the "target" amount, with the actual number earned depending on performance goal attainment.