Albertsons (ACI) EVP receives dividend equivalent unit grants tied to RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Backus Robert reported acquisition or exercise transactions in this Form 4 filing.
Albertsons Companies EVP Robert Backus reported routine compensation-related awards of dividend equivalent units tied to his existing equity grants. On May 8, 2026, he received several grant-type transactions of Dividend Equivalent Units that correspond to underlying Class A common stock awards.
The footnotes explain these units are credited as quarterly dividend equivalents at $0.17 per share of common stock on unvested performance-based restricted stock units (PBRSUs) and restricted stock units (RSUs). They will vest and settle on the same schedule as the underlying PBRSUs and RSUs and do not represent open‑market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Backus Robert
Role
EVP Retail Operations East
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Units | 130 | $0.00 | -- |
| Grant/Award | Dividend Equivalent Units | 140 | $0.00 | -- |
| Grant/Award | Dividend Equivalent Units | 260 | $0.00 | -- |
| Grant/Award | Dividend Equivalent Units | 741 | $0.00 | -- |
| Grant/Award | Dividend Equivalent Units | 502 | $0.00 | -- |
Holdings After Transaction:
Dividend Equivalent Units — 12,363 shares (Direct, null)
Footnotes (1)
- Performance Based Restricted stock units ("PBRSUs") credited to the reporting person's account as dividend equivalents on unvested PBRSUs and will vest and settle with the underlying awards. The reported number is the quarterly dividend equivalent to $0.17 per share of common stock. Restricted stock units ("RSUs") credited to the reporting person's account as dividend equivalents on unvested RSUs and will vest and settle with the underlying awards. The reported number is the quarterly dividend equivalent to $0.17 per share of common stock.
Key Figures
Dividend equivalent grant: 502 units
Dividend equivalent grant: 741 units
Dividend equivalent grant: 260 units
+4 more
7 metrics
Dividend equivalent grant
502 units
Dividend Equivalent Units grant on May 8, 2026
Dividend equivalent grant
741 units
Dividend Equivalent Units grant on May 8, 2026
Dividend equivalent grant
260 units
Dividend Equivalent Units grant on May 8, 2026
Dividend equivalent grant
140 units
Dividend Equivalent Units grant on May 8, 2026
Dividend equivalent grant
130 units
Dividend Equivalent Units grant on May 8, 2026
Quarterly dividend rate
$0.17 per share
Rate used to calculate dividend equivalents on RSUs and PBRSUs
Largest post-transaction balance
70,566 units
Dividend Equivalent Units balance following one of the May 8, 2026 grants
Key Terms
Dividend Equivalent Units, Performance Based Restricted stock units ("PBRSUs"), Restricted stock units ("RSUs")
3 terms
Dividend Equivalent Units financial
"Dividend Equivalent Units"
Dividend equivalent units are bookkeeping credits that mirror cash dividends paid on actual shares, granted to holders of stock-based awards such as restricted stock units or deferred compensation. They matter to investors because they increase a company’s reported employee compensation cost and can lead to issuance of more shares or cash payouts over time, similar to extra pay linked to ownership that affects shareholder dilution and corporate cash flow.
Performance Based Restricted stock units ("PBRSUs") financial
"Performance Based Restricted stock units ("PBRSUs") credited to the reporting person's account"
Restricted stock units ("RSUs") financial
"Restricted stock units ("RSUs") credited to the reporting person's account as dividend equivalents"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
FAQ
What insider activity did Albertsons (ACI) report for Robert Backus?
Albertsons reported that EVP Retail Operations East Robert Backus received several grants of dividend equivalent units on May 8, 2026. These awards are compensation-related credits tied to his existing restricted stock and performance-based restricted stock units.
What are dividend equivalent units in the Albertsons (ACI) Form 4?
Dividend equivalent units are bookkeeping entries that mirror dividends on unvested stock awards. For Albertsons, they credit units based on a $0.17 per share quarterly dividend, which then vest and settle alongside the related RSUs or PBRSUs rather than through market purchases.
How many dividend equivalent units did the Albertsons (ACI) EVP receive?
The Form 4 lists multiple grant transactions, including awards of 502, 741, 260, 140, and 130 dividend equivalent units. Each entry is tied to a separate block of performance-based or time-based restricted stock units and reflects the same $0.17 per share quarterly dividend rate.
Do the Albertsons (ACI) dividend equivalent units involve open-market stock trades?
No, these dividend equivalent unit entries do not involve open-market buying or selling. They are non-cash, compensation-related credits on unvested RSUs and PBRSUs that will vest and settle with the underlying awards rather than through direct stock transactions.
How do the dividend equivalent units for Albertsons (ACI) vest and settle?
The filing states that dividend equivalent units credited on unvested RSUs and PBRSUs will vest and settle with the underlying awards. This means they follow the same vesting schedule and payout terms as the original restricted or performance-based stock units granted to the executive.