Backus Robert 4
Research Summary
AI-generated summary
Albertsons (ACI) EVP Robert Backus Receives Award — 1,773 RSUs
What Happened
- Robert Backus, EVP Retail Operations East at Albertsons Companies (ACI), received a series of awards on 2026-05-08 totaling 1,773 derivative units (transaction code A). The awards are dividend equivalents credited on unvested PBRSUs and RSUs and will vest/settle with the underlying awards. No cash purchase or open-market sale occurred; these are not option exercises but additional units credited as dividends on unvested awards.
Key Details
- Transaction date: 2026-05-08; Form 4 filed 2026-05-12 (filed within standard reporting window).
- Individual grant lines reported: 130, 140, 260, 741 and 502 units (total = 1,773 units).
- Price: N/A (derivative awards / dividend equivalents).
- Shares owned after transaction: Not specified in the provided excerpt — see the full Form 4 for total holdings.
- Footnotes: F1 = PBRSUs credited as dividend equivalents on unvested PBRSUs; F2 = RSUs credited as dividend equivalents on unvested RSUs. The reported numbers reflect the quarterly dividend equivalent amount tied to $0.17 per common share and will vest/settle with the underlying awards.
- Timeliness: Filing appears timely (transaction 5/8, filed 5/12 — within the two-business-day requirement for Form 4).
Context
- These entries represent routine dividend-equivalent credits to existing long-term incentive awards, not new purchases or sales. Such credits increase the number of RSU/PBR SU units that will eventually vest but do not by themselves indicate a buy/sell signal. For full context on his total ownership and vesting schedule, consult the complete Form 4 and related company disclosures.