Albertsons (NYSE: ACI) EVP gets new dividend-equivalent RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Albertsons Companies EVP Retail Operations West Michael Withers reported multiple acquisitions of dividend equivalent units on February 6, 2026. These derivative awards were credited at a price of $0.00 per unit and are linked to existing time-based and performance-based restricted stock units.
Each time-based restricted stock unit represents the right to receive one share of Class A common stock, with vesting in full on February 28, 2026, February 27, 2027, February 26, 2028, and August 1, 2027, subject to continued employment. Additional RSUs were credited as dividend equivalents based on a $0.15 per share quarterly dividend on Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
9 transactions reported
Mixed
9 txns
Insider
Withers Michael
Role
EVP Retail Operations West
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Units | 56 | $0.00 | -- |
| Grant/Award | Dividend Equivalent Units | 90 | $0.00 | -- |
| Grant/Award | Dividend Equivalent Units | 104 | $0.00 | -- |
| Grant/Award | Dividend Equivalent Units | 141 | $0.00 | -- |
| Grant/Award | Dividend Equivalent Units | 113 | $0.00 | -- |
| Grant/Award | Dividend Equivalent Units | 615 | $0.00 | -- |
| Grant/Award | Dividend Equivalent Units | 61 | $0.00 | -- |
| Grant/Award | Dividend Equivalent Units | 44 | $0.00 | -- |
| Grant/Award | Dividend Equivalent Units | 37 | $0.00 | -- |
Holdings After Transaction:
Dividend Equivalent Units — 6,818 shares (Direct)
Footnotes (1)
- Each time-based restricted stock unit represents a contractual right to receive one share of Class A common stock of Albertsons Companies, Inc. The Time-Based award will vest in full on Feb-28-2026 Each time-based restricted stock unit represents a contractual right to receive one share of Class A common stock of Albertsons Companies, Inc. The Time-Based award will vest in full on Feb-27-2027, as long as the reporting person remains continuously employed through such respective date. Each time-based restricted stock unit represents a contractual right to receive one share of Class A common stock of Albertsons Companies, Inc. The Time-Based award will vest in full on Feb-26-2028, as long as the reporting person remains continuously employed through such respective date. Each time-based restricted stock unit represents a contractual right to receive one share of Class A common stock of Albertsons Companies, Inc. The Time-Based award will vest in full on Aug-01-2027, as long as the reporting person remains continuously employed through such respective date. Restricted stock units ("RSUs") credited to the reporting person's account as dividend equivalents on accrued performance based RSUs, which will vest and settle with the underlying awards. The reported number is the quarterly dividend equivalent to $0.15 per share of common stock
FAQ
What insider activity did ACI report for Michael Withers on February 6, 2026?
Albertsons reported that EVP Michael Withers acquired multiple dividend equivalent units on February 6, 2026. These derivative awards were credited at zero cost and are tied to existing restricted stock units linked to Class A common stock vesting over several future dates.
What are the dividend equivalent units reported for ACI EVP Michael Withers?
The dividend equivalent units are derivative awards linked to Albertsons Class A common stock. They are credited on accrued performance-based RSUs and will vest and settle together with the underlying awards, reflecting a quarterly cash dividend of $0.15 per share.
How do Michael Withers’ time-based RSUs at ACI vest over time?
Each time-based RSU for Michael Withers represents one share of ACI Class A common stock. These awards vest in full on February 28, 2026, February 27, 2027, February 26, 2028, and August 1, 2027, as long as he remains continuously employed through each vesting date.
Did the ACI Form 4 show any stock sales by Michael Withers?
The Form 4 only reports acquisitions coded “A” of dividend equivalent units. All reported transactions involve additional derivative units credited at a price of $0.00 per unit, with no disposals or sales of shares disclosed in the provided information.
How is Albertsons’ $0.15 dividend reflected in Michael Withers’ Form 4?
The $0.15 quarterly dividend per ACI common share is reflected as RSU dividend equivalents. Restricted stock units were credited to Michael Withers’ account as dividend equivalents on accrued performance-based RSUs, matching the cash dividend rate on the underlying common stock.
What role does Michael Withers hold at Albertsons Companies (ACI)?
Michael Withers is reported as an officer of Albertsons Companies. His title in the filing is Executive Vice President, Retail Operations West, and the reported Form 4 transactions relate to his equity-based compensation and associated dividend equivalent unit credits.