Larson Robert Bruce 4

What Happened

• Robert Bruce Larson, SVP and Chief Accounting Officer of Albertsons Companies (ACI), had performance-based restricted stock units (PSUs) vest and converted/exercised those derivative awards on 2026-04-21. The conversion resulted in 16,668 shares acquired at an effective value of $17.90 per share, totaling $298,357.
• To satisfy tax withholding obligations, 7,443 shares were withheld/disposed. The filing shows the derivative (the vested PSU award) was converted/disposed as part of this transaction.

Key Details

• Transaction date: 2026-04-21; Form 4 filed: 2026-04-23.
• Acquired: 16,668 shares at $17.90/share (value $298,357).
• Tax withholding: 7,443 shares were withheld/treated as disposed to cover taxes (code F).
• The conversion/disposition of the derivative award (16,668 units) is recorded (code M).
• Footnote: F1 — These were performance-based restricted stock units granted on 2023-03-20 that vested (as adjusted for company performance) upon Certification by the Compensation Committee.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Timeliness: Form filed two days after the transaction (Apr 21 → Apr 23); no late filing flag indicated in the provided data.

Context

• This was a vesting/conversion of PSUs, not an open-market purchase or sale by choice; withholding shares for taxes is a routine settlement method and does not necessarily signal a change in the insider’s market view.
• For retail investors: award vesting increases insider-owned shares on record (net of withholding), but such transactions are typically compensation-related rather than direct votes of confidence through fresh purchases.