Albertsons (NYSE: ACI) EVP granted new restricted stock unit awards
Rhea-AI Filing Summary
Rainwater Evan reported acquisition or exercise transactions in this Form 4 filing.
Albertsons Companies EVP Evan Rainwater received new equity awards in the form of restricted stock units. The grants include performance-based restricted stock units (PBRSUs) reported at a target 17,817 units, each convertible into one share of Class A common stock.
Rainwater also received 53,451 time-based restricted stock units (TBRSUs), each representing one share of Class A common stock. The TBRSUs vest in three equal installments on February 27, 2027, February 26, 2028, and February 24, 2029. The PBRSUs vest on February 24, 2029, contingent on achieving performance goals for fiscal years 2026–2028, Compensation Committee certification, and continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Time-based Restricted Stock Units | 53,451 | $0.00 | -- |
| Grant/Award | Performance-based Restricted Stock Units | 17,817 | $0.00 | -- |
| Grant/Award | Performance-based Restricted Stock Units | 17,817 | $0.00 | -- |
| Grant/Award | Performance-based Restricted Stock Units | 17,817 | $0.00 | -- |
Footnotes (1)
- Each time-based restricted stock unit ("TBRSU") entitles the holder to one share of Class A common stock of Albertsons Companies, Inc. (the "Company"). The award vests in three equal installments on February 27, 2027, and February 26, 2028, and February 24, 2029, provided the reporting person remains continuously employed through each vesting date. Each performance-based restricted stock unit ("PBRSU") award granted on April 16, 2026. Each PBRSU entitles the holder to one share of Class A common stock of the Company, vesting on February 24, 2029, contingent upon the achievement of performance goals for fiscal years 2026, 2027, and 2028, certification by the Compensation Committee, and the reporting person's continued service through the certification date. The reported number of PBRSUs is the "target" amount, with the actual number earned depending on performance goal attainment.