4Filed Aug 10, 8:00 PM ET
Albertsons (ACI) SVP Robert Larson Receives RSU Dividend Awards
$ACI · Albertsons Companies, Inc.Research Summary
AI-generated summary of this SEC filing
Albertsons (ACI) SVP Robert Larson Receives RSU Dividend Awards
What Happened
- Larson Robert Bruce (listed as Robert Larson), SVP & Chief Accounting Officer of Albertsons Companies, was credited with a total of 658 restricted stock units (RSUs) on 2026-08-07. The filing reports four awards: 73, 110, 147 and 328 RSUs (all coded as "A" — award/grant; derivative), with no per-share price reported (derivative issuance).
- These RSUs were credited as dividend equivalents tied to existing performance-based and unvested RSU awards and will vest and settle with their underlying awards. The filing notes the quarterly dividend equivalent rate was $0.17 per underlying share (658 × $0.17 = $111.86 cash-equivalent of the dividend credited).
Key Details
- Transaction date: 2026-08-07; Form 4 filed: 2026-08-11 (appears to be a late filing relative to the typical two-business-day Form 4 window).
- Transaction type/code: A = Award/grant; derivative RSUs (no open-market buy or sell).
- Shares credited: 73, 110, 147, 328 (total 658 RSUs).
- Price/value reported: N/A for award; dividend equivalent rate disclosed as $0.17 per share (quarterly).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes: F1 = RSUs credited as dividend equivalents on accrued performance-based RSUs; F2 = RSUs credited as dividend equivalents on unvested RSUs. Both will vest/settle with the underlying awards.
Context
- These are dividend-equivalent RSU credits (not purchases or sales). They are typically routine — the company converts cash dividend equivalents into additional RSUs tied to outstanding awards — and do not by themselves signal an insider buying or selling stock.
- Because these awards vest with the underlying grants, they may convert to shares later if/when vesting conditions are met. The filing’s late submission is a procedural point investors may note, but it does not change the nature of the award.