Albertsons (ACI) EVP Michael Withers reports RSU and PSU tax withholdings
Rhea-AI Filing Summary
Albertsons Companies, Inc. executive Michael Withers, EVP Retail Operations West, reported multiple equity transactions on 12/01/2025 on a Form 4. The activity involves time-based and performance-based restricted stock units that converted into Class A common stock at a price of $18.1 per share. According to the explanation, these transactions primarily represent units withheld by Albertsons to cover FICA tax obligations arising from the executive becoming eligible for early retirement. The filing also notes that the form is filed for one reporting person and that an attorney-in-fact, Thomas Moriarty, signed on behalf of the executive.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Time-based Restricted Stock Units | 172 | $18.10 | $3K |
| Exercise | Time-based Restricted Stock Units | 172 | $18.10 | $3K |
| Exercise | Time-based Restricted Stock Units | 172 | $18.10 | $3K |
| Exercise | Time-based Restricted Stock Units | 232 | $18.10 | $4K |
| Exercise | Time-based Restricted Stock Units | 232 | $18.10 | $4K |
| Exercise | Time-based Restricted Stock Units | 232 | $18.10 | $4K |
| Exercise | Time-based Restricted Stock Units | 3,022 | $18.10 | $55K |
| Exercise | Time-based Restricted Stock Units | 185 | $18.10 | $3K |
| Exercise | Time-based Restricted Stock Units | 185 | $18.10 | $3K |
| Exercise | Time-based Restricted Stock Units | 185 | $18.10 | $3K |
| Exercise | Performance-Based Restricted Stock Units | 219 | $18.10 | $4K |
| Exercise | Performance-Based Restricted Stock Units | 0 | $18.10 | -- |
| Exercise | Performance-Based Restricted Stock Units | 182 | $18.10 | $3K |
| Exercise | Performance-Based Restricted Stock Units | 0 | $18.10 | -- |
| Exercise | Performance-Based Restricted Stock Units | 0 | $18.10 | -- |
| Exercise | Performance-Based Restricted Stock Units | 0 | $18.10 | -- |
| Exercise | Performance-Based Restricted Stock Units | 0 | $18.10 | -- |
| Exercise | Performance-Based Restricted Stock Units | 0 | $18.10 | -- |
| Exercise | Performance-Based Restricted Stock Units | 0 | $18.10 | -- |
| Exercise | Performance-Based Restricted Stock Units | 0 | $18.10 | -- |
| Exercise | Performance-Based Restricted Stock Units | 0 | $18.10 | -- |
Footnotes (1)
- Transaction represents the withholding of restricted stock units by the Issuer to satisfy FICA taxes arising from the reporting person being eligible for early retirement. Time-based restricted stock units withheld from 4,354 time-based restricted stock units that were granted on February 3, 2025, and will vest on February 3, 2027. Time-based restricted stock units withheld from 4,353 time-based restricted stock units that were granted on February 3, 2025, and will vest on February 3, 2028. Time-based restricted stock units withheld from 5,889 time-based restricted stock units that were granted on April 17, 2025, and will vest on February 28, 2026. . Time-based restricted stock units withheld from 5,889 time-based restricted stock units that were granted on April 17, 2025, and will vest on February 27, 2027. Time-based restricted stock units withheld from 5,890 time-based restricted stock units that were granted on April 17, 2025, and will vest on February 26, 2028. Time-based restricted stock units withheld from 77,139 time-based restricted stock units that were granted on August 1, 2025, and will vest on August 1, 2027. Time-based restricted stock units withheld from 4,715 time-based restricted stock units that were granted on August 1, 2025, and will vest on February 28, 2026. Time-based restricted stock units withheld from 4,715 time-based restricted stock units that were granted on August 1, 2025, and will vest on February 27, 2027. Time-based restricted stock units withheld from 4,713 time-based restricted stock units that were granted on August 1, 2025, and will vest on February 26, 2028. Performance based restricted stock units withheld from 5,550 performance-based restricted stock units that were granted on March 20, 2023, and were earned on February 27, 2026. Performance based restricted stock units withheld from 6,510 performance-based restricted stock units that were granted on March 20, 2023, and were earned on February 28, 2026. Performance based restricted stock units withheld from 4,604 performance-based restricted stock units that were granted on April 24, 2024, and were earned on February 25, 2027. Performance based restricted stock units withheld from 5400 performance-based restricted stock units that were granted on April 24, 2024, and were earned on February 26, 2027. Performance based restricted stock units withheld from 5400 performance-based restricted stock units that were granted on April 24, 2024, and were earned on February 27, 2027. Performance based restricted stock units withheld from 5,758 performance-based restricted stock units that were granted on April 17, 2025, and were earned on February 26, 2028. Performance based restricted stock units withheld from 4,675 performance-based restricted stock units that were granted on August 1, 2025, and were earned on February 26, 2028. Performance based restricted stock units withheld from 4,674 performance-based restricted stock units that were granted on August 1, 2025, and were earned on February 26, 2028. Performance based restricted stock units withheld from 5,757 performance-based restricted stock units that were granted on April 17, 2025, and were earned on February 26, 2028.
FAQ
What does Albertsons (ACI) disclose in this Form 4 for Michael Withers?
The Form 4 reports multiple transactions on 12/01/2025 involving time-based and performance-based restricted stock units held by EVP Retail Operations West, Michael Withers, relating to Class A common stock of Albertsons Companies, Inc.
Why were restricted stock units withheld from Michael Withers at Albertsons (ACI)?
The explanation states that the transactions represent the withholding of restricted stock units by Albertsons to satisfy FICA taxes arising from the reporting person being eligible for early retirement.
What type of securities are involved in the Albertsons (ACI) Form 4 filing?
The filing lists time-based restricted stock units and performance-based restricted stock units, each linked to Class A common stock with a par value of $0.01.
What transaction date is reported in this Albertsons (ACI) insider Form 4?
The reported equity transactions for Michael Withers all have a transaction date of 12/01/2025, as shown in the derivative securities table.
What price is associated with the derivative transactions in the Albertsons (ACI) Form 4?
The listed derivative transactions involving restricted stock units and the underlying Class A common stock are shown at a price of $18.1 per share.
Who signed the Albertsons (ACI) Form 4 on behalf of Michael Withers?
The Form 4 is signed by Thomas Moriarty as Attorney-in-Fact for Michael Withers, along with the date of signature.
What is Michael Withers' role at Albertsons (ACI) as noted in the Form 4?
The filing identifies the reporting person as an Officer of Albertsons, with the title EVP Retail Operations West, and confirms that the form is filed by one reporting person.