Albertsons (ACI) Chief Merchandising Officer Discloses Shareholdings and RSUs
Rhea-AI Filing Summary
Michelle Larson, Chief Merchandising Officer of Albertsons Companies, Inc. (ACI), filed an initial Form 3 reporting direct ownership of 114,846 Class A shares on 08/22/2025. She also holds 166,382 time-based restricted stock units and 133,024 performance-based restricted stock units, each convertible into one Class A share subject to vesting and performance certification.
Positive
- Direct ownership of 114,846 Class A shares indicates meaningful equity stake by the reporting officer
- Equity compensation alignment: 166,382 TBRSUs and 133,024 PBRSUs align management incentives with shareholder outcomes
Negative
- None.
Insights
TL;DR Routine initial disclosure showing equity holdings and granted RSUs for an officer; neutral materiality for most investors.
The Form 3 documents the officer's current direct stake of 114,846 Class A shares and equity awards totaling 299,406 restricted stock units (time-based and performance-based). These holdings reflect compensation-related equity rather than a new market purchase or sale, and they vest subject to service and performance conditions as described.
TL;DR Standard Section 16 initial filing; discloses alignment via equity compensation without indicating immediate market impact.
The filing is an initial statement required for officers and reports both direct ownership and granted RSUs. The TBRSUs vest in three equal annual installments and PBRSUs vest upon certification of performance, which is typical for executive compensation design. No transfers, sales, or derivative exercises are reported.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Time-based Restricted Stock Units | -- | -- | -- |
| holding | Performance-Based Restricted Stock Units | -- | -- | -- |
| holding | Class A common stock par value $0.01 | -- | -- | -- |
Footnotes (1)
- These Time-Based Restricted Stock Units ("TBRSUs") represent a right to receive one share of Class A common stock of Albertsons Companies, Inc. (the "Company") and vest in three equal annual installments beginning on the respective award date, subject to continued employment through each such vesting date. These Performance-Based Restricted Stock Units ("PBRSUs") represent a right to receive one share of Class A common stock of Albertsons Companies, Inc. (the "Company"), subject to the attainment of performance goals tied to distinct fiscal years, each linked to a separate underlying award and certified following the end of the applicable performance period.
FAQ
What did Michelle Larson report on Form 3 for ACI?
What is the role of the reporting person at Albertsons (ACI)?
Do the reported PBRSUs vest immediately?
Was this a joint filing or filed by one person?