DHANDA ANUJ 4
Research Summary
AI-generated summary
Albertsons (ACI) CTO Anuj Dhanda Receives 177,154-Share Award
What Happened
Anuj Dhanda, Chief Technology & Transformation Officer of Albertsons Companies, received equity awards on April 16, 2026 consisting of 88,577 time-based restricted stock units (TBRSUs) and three performance-based restricted stock unit (PBRSU) line items of 29,526 / 29,526 / 29,525 (totaling 88,577 PBRSU target units). The awards are derivative (no exercise price) and were reported as grants (Form 4 transaction code A). Because these are RSUs, they do not represent immediately issued shares; they convert to shares only if and when vesting conditions are met.
Key Details
- Transaction date: April 16, 2026 (reported on Form 4 filed April 20, 2026). Price: N/A (derivative award). Transaction code: A (award/grant).
- Award totals: 88,577 TBRSUs + 88,577 PBRSU target units = 177,154 RSU units granted. PBRSUs are reported as target amounts; actual payout depends on performance.
- Vesting: TBRSUs vest in three equal installments on Feb 27, 2027; Feb 26, 2028; and Feb 24, 2029, subject to continued employment. PBRSUs vest on Feb 24, 2029 only if performance goals for FY2026–2028 are met and certified by the Compensation Committee.
- Shares owned after transaction: Not specified in the provided filing.
- Filing timeliness: Form 4 was filed April 20, 2026 for a April 16 transaction — within the typical two-business-day SEC filing window (timely).
Context
RSU grants are a common form of executive compensation and are different from open-market buys or sells — they become shares only upon vesting and (for PBRSUs) may be reduced or increased based on performance. These awards are informational about compensation but do not by themselves indicate immediate buying or selling activity.