Fennebresque Kim S 4

What Happened
Kim S. Fennebresque, a director of Albertsons Companies, was credited with 234 restricted stock units (RSUs) on May 8, 2026. The Form 4 reports this as an Award/Grant (code A) of derivative securities; no market price or cash purchase was involved. The filing notes the 234 units reflect quarterly dividend equivalents at $0.17 per share (cash equivalent ≈ $39.78), and these RSUs will vest and settle with the underlying awards.

Key Details

• Transaction date: 2026-05-08 (reported on Form 4 filed 2026-05-12) — filing appears timely (within the 2-business-day requirement).
• Transaction type/code: Award/Grant (A) — derivative RSUs credited as dividend equivalents.
• Shares/units received: 234 RSUs. Reported price: N/A. Reported immediate cash value of the dividend equivalent: $0.17 per share (≈ $39.78 total).
• Shares owned after transaction: Not specified in the provided filing.
• Footnote: The 234 units are dividend equivalents credited on unvested RSUs and will vest/settle with those underlying awards.

Context
This was an award of dividend-equivalent RSUs, not an open-market purchase or sale; such entries are routine compensation adjustments rather than an explicit buy/sell signal. For retail investors, purchases or sales by insiders can be more informative about sentiment than dividend-equivalent credits, which mainly reflect company compensation practices.