DHANDA ANUJ 4
Research Summary
AI-generated summary
Albertsons (ACI) CTO Anuj Dhanda Exercises Awards; Shares Withheld
What Happened Anuj Dhanda, Chief Technology & Transformation Officer at Albertsons Companies (ACI), had three sets of performance-based restricted stock units (PRSUs) vest and convert to common shares on April 21, 2026. The filing shows conversions of 27,120 shares at $17.90 (value $485,448), 19,593 shares at $17.90 (value $350,715), and 24,540 shares at $17.90 (value $439,266) — a total of 71,253 shares with an aggregate value of about $1,275,429. To cover tax withholding/payment obligations, the company withheld/disposed 12,950, 9,356, and 12,295 shares respectively (total withheld: 34,601 shares). These transactions reflect vesting/conversion of awards, not open-market purchases or discretionary sales.
Key Details
- Transaction date: April 21, 2026; Form 4 filed April 23, 2026 (filed timely).
- Prices/values reported: 27,120 @ $17.90 ($485,448); 19,593 @ $17.90 ($350,715); 24,540 @ $17.90 ($439,266). Total value ≈ $1,275,429.
- Shares withheld for tax/payment: 12,950; 9,356; 12,295 (total 34,601).
- Footnotes: F1 = PRSUs granted 2/24/2024; F2 = PRSUs granted 2/22/2025; F3 = PRSUs granted 2/28/2026 — each vested as adjusted upon Compensation Committee certification.
- Shares owned after the transaction are not disclosed in the provided data.
Context
- These entries are conversions/vesting of performance-based awards (derivative-to-share conversion), not open-market buys or sales. The “F” codes indicate shares were withheld to satisfy tax liabilities (common in vesting events), not a taxable sale to a third party.
- For retail investors, award vesting is different from an insider buying (which can be seen as a positive signal). Vesting/conversion is typically routine compensation-related activity and does not by itself indicate insider sentiment.