Bruno Frank W 4
Research Summary
AI-generated summary
Albertsons (ACI) Director Frank W. Bruno Receives 114 RSU Award
What Happened
- Frank W. Bruno, a director of Albertsons Companies, received 114 restricted stock units (RSUs) on 2026-05-08 as dividend equivalents credited on his unvested RSUs. The award is reported as a derivative acquisition (transaction code A). The filing lists no cash price; the dividend equivalent value is $0.17 per share, or about $19.38 in total.
Key Details
- Transaction date: 2026-05-08; Form 4 filed: 2026-05-12 (filed within two business days).
- Transaction type/code: Award/Grant (A) — dividend equivalents on unvested RSUs.
- Shares involved: 114 RSUs credited; price shown as N/A (no market purchase).
- Value: $0.17 per share dividend equivalent → ~ $19.38 total.
- Shares owned after transaction: Not specified in the provided filing summary.
- Footnote: The RSUs were credited as dividend equivalents and will vest and settle with the underlying awards when those awards vest.
Context
- This was an award of dividend equivalents on existing unvested RSUs, not an open-market purchase or sale. Such credits are routine corporate actions tied to equity compensation and do not necessarily signal a change in insider sentiment.