Albertsons (NYSE: ACI) tech chief receives large time and performance RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DHANDA ANUJ reported acquisition or exercise transactions in this Form 4 filing.
Albertsons Companies, Inc. reported that Chief Tech & Transformation Officer Anuj Dhanda received new equity awards on April 16, 2026. He was granted time-based restricted stock units covering 88,577 shares of Class A common stock, vesting in three equal installments in 2027, 2028, and 2029, subject to continued employment.
He also received multiple performance-based restricted stock unit awards, each entitling him to one share of Class A common stock. These performance-based units vest in 2029, contingent on achieving performance goals for fiscal years 2026, 2027, and 2028 and Compensation Committee certification, with the reported amounts reflecting target levels.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
DHANDA ANUJ
Role
Chief Tech &Transformation Off
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Time-based Restricted Stock Units | 88,577 | $0.00 | -- |
| Grant/Award | Performance-Based Restricted Stock Units | 29,526 | $0.00 | -- |
| Grant/Award | Performance-Based Restricted Stock Units | 29,526 | $0.00 | -- |
| Grant/Award | Performance-Based Restricted Stock Units | 29,525 | $0.00 | -- |
Holdings After Transaction:
Time-based Restricted Stock Units — 88,577 shares (Direct, null);
Performance-Based Restricted Stock Units — 29,526 shares (Direct, null)
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.
Key Figures
Time-based RSUs granted: 88,577 units
PBRSU grant 1: 29,525 units
PBRSU grant 2: 29,526 units
+2 more
5 metrics
Time-based RSUs granted
88,577 units
Each unit entitles holder to one share of Class A common stock
PBRSU grant 1
29,525 units
Performance-based RSUs granted on April 16, 2026, at target level
PBRSU grant 2
29,526 units
Performance-based RSUs with underlying Class A common stock
PBRSU grant 3
29,526 units
Performance-based RSUs vesting in 2029 if goals for fiscal 2026–2028 met
Performance period
Fiscal years 2026, 2027, 2028
Determines PBRSU payout based on goal attainment and certification
Key Terms
Time-based Restricted Stock Units, Performance-Based Restricted Stock Units, Class A common stock, vesting, +1 more
5 terms
Time-based Restricted Stock Units financial
"Each time-based restricted stock unit ("TBRSU") entitles the holder to one share"
Time-based restricted stock units are a form of employee compensation where individuals are granted company shares that are earned over a set period, often as a reward for staying with the company. These shares typically become fully owned and transferable only after passing specific time milestones, encouraging long-term commitment. For investors, they highlight a company's focus on employee retention and can influence future stock supply and company stability.
Performance-Based Restricted Stock Units financial
"Each performance-based restricted stock unit ("PBRSU") award granted on April 16, 2026."
Performance-based restricted stock units are a type of employee equity award that converts into company shares only if predefined financial or operational targets are met over a set period. Think of it like a bonus check that becomes stock only when specific goals are hit; it ties pay to results, aligning managers’ incentives with shareholders. Investors care because these awards affect future share count, executive incentives, and signal how management’s success will be measured and rewarded.
Class A common stock financial
"one share of Class A common stock of Albertsons Companies, Inc."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
vesting financial
"The award vests in three equal installments on February 27, 2027, and February 26, 2028, and February 24, 2029"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Compensation Committee financial
"contingent upon the achievement of performance goals... and certification by the Compensation Committee"
A compensation committee is a group within a company's leadership responsible for setting and reviewing how much top executives and employees are paid, including salaries, bonuses, and benefits. It matters to investors because fair and effective pay decisions can influence a company's performance, leadership motivation, and overall governance, helping ensure that the company’s management is aligned with shareholders’ interests.
FAQ
What equity awards did Anuj Dhanda receive from Albertsons (ACI)?
Albertsons granted Chief Tech & Transformation Officer Anuj Dhanda time-based restricted stock units for 88,577 shares and several performance-based restricted stock unit awards. Each unit entitles him to one share of Class A common stock if the applicable vesting and performance conditions are satisfied.
How do the time-based RSUs granted to Anuj Dhanda at Albertsons (ACI) vest?
The time-based restricted stock units vest in three equal installments tied to specific dates in 2027, 2028, and 2029. Vesting requires that Dhanda remain continuously employed through each vesting date for the corresponding installment of RSUs to be earned.
What performance conditions apply to Anuj Dhanda’s performance-based RSUs at Albertsons (ACI)?
Each performance-based restricted stock unit award vests in 2029 only if performance goals for fiscal years 2026, 2027, and 2028 are achieved and certified by the Compensation Committee. The number of shares ultimately earned depends on the level of performance attained.
Are Anuj Dhanda’s RSU grants at Albertsons (ACI) open-market purchases of stock?
No. The Form 4 shows grant or award acquisitions of restricted stock units at a price of $0.00 per unit. These are equity compensation awards, not open-market stock purchases or sales, and are reported with transaction code “A” for awards.
What does each RSU granted to Anuj Dhanda at Albertsons (ACI) represent?
Each time-based or performance-based restricted stock unit entitles Dhanda to receive one share of Albertsons Class A common stock if the vesting conditions are met. For performance-based units, the actual number earned depends on achieving specified multi-year performance goals.