[Form 3] Albertsons Companies, Inc. Initial Statement of Beneficial Ownership
Michael Withers, EVP Retail Operations West at Albertsons Companies, Inc. (ACI), filed an initial Form 3 reporting his beneficial ownership. He directly owns 4,441 shares of Class A common stock and holds equity awards: 138,109 time-based restricted stock units that vest in three annual installments and 65,820 performance-based restricted stock units tied to fiscal-year goals.
Michael Withers, EVP Retail Operations West presso Albertsons Companies, Inc. (ACI), ha presentato un Modulo 3 iniziale per segnalare la sua titolarità effettiva. Possiede direttamente 4.441 azioni di azioni ordinarie di Classe A e detiene premi azionari: 138.109 unità azionarie vincolate basate sul tempo che maturano in tre rate annuali e 65.820 unità azionarie vincolate basate sulla performance legate agli obiettivi dell'anno fiscale.
Michael Withers, EVP Retail Operations West en Albertsons Companies, Inc. (ACI), presentó un Formulario 3 inicial para informar sobre su propiedad beneficiaria. Posee directamente 4.441 acciones de la clase A y tiene concesiones de capital: 138.109 unidades de acciones restringidas basadas en tiempo que se devengan en tres entregas anuales y 65.820 unidades de acciones restringidas basadas en desempeño vinculadas a objetivos del año fiscal.
Michael Withers, Albertsons Companies, Inc.(ACI)의 EVP Retail Operations West는 유익적 소유권을 보고하는 최초의 Form 3를 제출했습니다. 그는 직접적으로 클래스 A 보통주 4,441주를 보유하고 있으며, 주식 보상으로는 138,109주의 시간기반 제한주(RSU)가 있어 연간 3회 분할로 취득되며, 65,820주의 성과기반 제한주(RSU)는 회계연도 목표에 연동되어 있습니다.
Michael Withers, EVP Retail Operations West chez Albertsons Companies, Inc. (ACI), a déposé un formulaire 3 initial déclarant sa propriété bénéficiaire. Il détient directement 4 441 actions ordinaires de catégorie A et possède des attributions de capitaux : 138 109 unités d'actions restreintes à échéance temporelle qui se libèrent en trois versements annuels et 65 820 unités d'actions restreintes à performance liées aux objectifs de l'exercice fiscal.
Michael Withers, EVP Retail Operations West bei Albertsons Companies, Inc. (ACI), hat ein initiales Formular 3 eingereicht, um sein wirtschaftliches Eigentum zu melden. Er besitzt direkt 4.441 Aktien der Klasse A und hält Aktienvergütungen: 138.109 zeitbasierte Restricted Stock Units, die in drei jährlichen Tranchen vesten, sowie 65.820 leistungsbasierte Restricted Stock Units, die an Ziele des Geschäftsjahres gekoppelt sind.
- Initial beneficial ownership disclosed for an executive officer, meeting SEC reporting requirements
- Detailed breakdown of direct shares and unvested awards: 4,441 shares, 138,109 TBRSUs, and 65,820 PBRSUs
- Clear vesting descriptions for TBRSUs and PBRSUs included in the filing
- None.
Insights
TL;DR: Form 3 discloses standard executive equity holdings and sizable unvested awards, reflecting compensation alignment with shareholders.
The filing is a routine initial beneficial-ownership disclosure for an executive officer. It shows a modest direct shareholding of 4,441 Class A shares and materially larger unvested equity awards: 138,109 TBRSUs and 65,820 PBRSUs. These awards indicate that a significant portion of the executive's future equity stake depends on continued service and performance certification. There are no derivative instruments other than the restricted stock units disclosed and no indications of pledging or indirect ownership structures in this form.
TL;DR: Disclosure is complete for initial reporting; awards follow common time- and performance-based vesting structures.
The Form 3 appropriately reports direct ownership and explains the vesting mechanics for TBRSUs and PBRSUs. TBRSUs vest in three equal annual installments conditioned on continued employment; PBRSUs are subject to performance certification after applicable periods. The filing was signed by an attorney-in-fact, which is an acceptable practice for timely reporting. No governance red flags or unusual ownership arrangements are presented in this document.
Michael Withers, EVP Retail Operations West presso Albertsons Companies, Inc. (ACI), ha presentato un Modulo 3 iniziale per segnalare la sua titolarità effettiva. Possiede direttamente 4.441 azioni di azioni ordinarie di Classe A e detiene premi azionari: 138.109 unità azionarie vincolate basate sul tempo che maturano in tre rate annuali e 65.820 unità azionarie vincolate basate sulla performance legate agli obiettivi dell'anno fiscale.
Michael Withers, EVP Retail Operations West en Albertsons Companies, Inc. (ACI), presentó un Formulario 3 inicial para informar sobre su propiedad beneficiaria. Posee directamente 4.441 acciones de la clase A y tiene concesiones de capital: 138.109 unidades de acciones restringidas basadas en tiempo que se devengan en tres entregas anuales y 65.820 unidades de acciones restringidas basadas en desempeño vinculadas a objetivos del año fiscal.
Michael Withers, Albertsons Companies, Inc.(ACI)의 EVP Retail Operations West는 유익적 소유권을 보고하는 최초의 Form 3를 제출했습니다. 그는 직접적으로 클래스 A 보통주 4,441주를 보유하고 있으며, 주식 보상으로는 138,109주의 시간기반 제한주(RSU)가 있어 연간 3회 분할로 취득되며, 65,820주의 성과기반 제한주(RSU)는 회계연도 목표에 연동되어 있습니다.
Michael Withers, EVP Retail Operations West chez Albertsons Companies, Inc. (ACI), a déposé un formulaire 3 initial déclarant sa propriété bénéficiaire. Il détient directement 4 441 actions ordinaires de catégorie A et possède des attributions de capitaux : 138 109 unités d'actions restreintes à échéance temporelle qui se libèrent en trois versements annuels et 65 820 unités d'actions restreintes à performance liées aux objectifs de l'exercice fiscal.
Michael Withers, EVP Retail Operations West bei Albertsons Companies, Inc. (ACI), hat ein initiales Formular 3 eingereicht, um sein wirtschaftliches Eigentum zu melden. Er besitzt direkt 4.441 Aktien der Klasse A und hält Aktienvergütungen: 138.109 zeitbasierte Restricted Stock Units, die in drei jährlichen Tranchen vesten, sowie 65.820 leistungsbasierte Restricted Stock Units, die an Ziele des Geschäftsjahres gekoppelt sind.