Albertsons (ACI) Exec Chair Margaret Whitman Receives Award
$ACI · Albertsons Companies, Inc.Research Summary
AI-generated summary of this SEC filing
Albertsons (ACI) Exec Chair Margaret Whitman Receives Award
What Happened
Margaret C. Whitman, Executive Chair and director of Albertsons Companies, received an award of 733,114 restricted stock units (RSUs) on September 8, 2026. The filing shows these RSUs as a derivative award (no purchase price); the grant’s economic value will depend on ACI’s share price when the RSUs convert to shares. This is a compensation/retention award, not an open‑market purchase or sale.
Key Details
- Transaction date: 2026-09-08; Form 4 filed: 2026-09-10 (filed two days after the grant; appears to be timely).
- Instrument: 733,114 Restricted Stock Units (RSUs). Price: N/A (derivative award).
- Vesting: Award vests in full on September 8, 2027, contingent on continuous service through that date (see footnote).
- Shares owned after transaction: not disclosed in the provided filing excerpt.
- Footnote: Each RSU equals a contractual right to one share of Class A common stock upon vesting. Tax withholding or other settlement mechanics may apply at vesting.
Context
RSU grants are standard executive compensation designed to retain executives and align pay with shareholder value; they do not result in immediate ownership of shares until vesting/conversion. The eventual value received by the insider will depend on ACI’s stock price at vesting and any applicable tax withholding.