Larson Michelle 4

What Happened

• Michelle Larson, Chief Merchandising Officer of Albertsons Companies (ACI), had 40,003 performance-based restricted stock units convert into common shares on April 21, 2026. The conversion is recorded at $17.90 per share for a gross value of $716,054. To cover tax withholding/exercise obligations, 16,742 of those shares were surrendered, leaving a net issuance of 23,261 shares to Larson.
• This was not an open-market purchase or sale — it was the vesting/conversion of previously granted performance awards (routine compensation-related activity).

Key Details

• Transaction date: 2026-04-21; Form 4 filed: 2026-04-23 (timely).
• Principal entries: M = exercise/conversion of derivative (40,003 shares; $17.90; $716,054 gross); F = tax/exercise withholding (16,742 shares surrendered).
• Net shares received: 23,261 (40,003 converted − 16,742 withheld).
• Shares owned after the transaction: not specified in the filing.
• Footnote: F1 — these were performance-based restricted stock units granted March 20, 2023 that vested as adjusted for company performance upon Compensation Committee certification.

Context

• The filing reflects a conversion/vesting event with shares withheld to satisfy taxes — a common, routine outcome when equity awards vest and does not by itself indicate buying or selling intent in the market.
• Transaction codes: M = conversion/exercise of derivative; F = payment of exercise price or tax liability (share withholding).