Larson Robert Bruce 4
Research Summary
AI-generated summary
Albertsons (ACI) SVP & Chief Accounting Officer Robert Larson Receives Dividend-Equivalent RSUs
What Happened
- Robert Bruce Larson, SVP & Chief Accounting Officer of Albertsons Companies, received awards recorded as four derivative grants on May 8, 2026: 54, 82, 109 and 243 shares, totaling 488 shares. These entries are reported as awards/acquisitions (code A) and show price as N/A because they are derivative restricted stock units (RSUs/PBRSUs) credited as dividend equivalents.
- These units are dividend equivalents credited to Larson’s unvested RSUs and performance-based RSUs (PBRSUs) and will vest/settle according to the terms of the underlying awards. The filing notes the reported share counts reflect the quarterly dividend equivalent of $0.17 per share of common stock.
Key Details
- Transaction date: May 8, 2026; Form 4 filed May 12, 2026 (timely filing — within required window).
- Reported grants: 54 (F2), 82 (F2), 109 (F1), 243 (F1) — total 488 derivative RSUs/PBRSUs.
- Price/value: N/A on the Form 4; the share counts represent dividend-equivalent units (quarterly dividend = $0.17/share).
- Shares owned after transaction: not specified in the filing.
- Footnotes: F1 = PBRSUs credited as dividend equivalents; F2 = RSUs credited as dividend equivalents. These will vest/settle with the underlying awards.
- No indication of a 10b5-1 plan, tax withholding sale, cashless exercise, or gift in this filing.
Context
- Dividend-equivalent RSU credits are routine: they compensate holders of unvested awards for dividends by issuing additional RSUs rather than cash. They are not an open-market purchase or sale and do not by themselves signal a buy/sell decision by the insider.
- Because these are derivative awards tied to existing unvested grants, they will convert to shares only if/when the underlying awards vest per their terms.