[Form 3] Albertsons Companies, Inc. Initial Statement of Beneficial Ownership
Rhea-AI Filing Summary
Robert Backus, Executive Vice President, Retail Operations East at Albertsons Companies, Inc. (ACI), filed an Initial Form 3 reporting his beneficial ownership as of 08/22/2025. He directly owns 78,738 shares of Class A common stock and holds restricted stock units that convert into shares: 136,348 time‑based RSUs and 86,837 performance‑based RSUs. The RSUs vest subject to service and performance conditions. The filing was signed by an attorney‑in‑fact.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine insider disclosure showing meaningful equity holdings and outstanding RSUs that align executive pay with shareholder outcomes.
The Form 3 documents initial beneficial ownership for a senior operating executive with direct stock plus sizeable time‑based and performance‑based restricted stock units. While this is a standard Section 16 disclosure, the scale of RSUs (over 223k combined) is notable relative to the direct share count and indicates ongoing equity compensation that will vest over time and upon performance certification. There is no transaction price or sale/purchase activity disclosed; this is a baseline ownership snapshot for governance and compliance purposes.
TL;DR: Initial filing is a routine governance disclosure confirming officer status and equity incentives, with no adverse governance signals.
The filing identifies Backus as both an officer and director and discloses the structure of outstanding awards: annual vesting for TBRSUs and performance certification for PBRSUs. These details support alignment between management and shareholders and satisfy Section 16 reporting requirements. There are no indications of related‑party transactions, pledging, or derivative exercises in this filing. Signature by an attorney‑in‑fact is documented, completing procedural requirements.