Albertsons CMO exercises 40,003 shares, pays tax
Albertsons Companies Chief Merchandising Officer Michelle Larson exercised performance-based equity awards and settled related taxes using shares.
Rhea-AI Filing Summary
Albertsons Companies Chief Merchandising Officer Michelle Larson exercised performance-based equity awards and settled related taxes using shares. On April 21, 2026, she exercised 40,003 Performance-Based Restricted Stock Units into Class A common stock at $17.90 per share. To cover tax obligations, 16,742 shares of Class A common stock were disposed of in a tax-withholding transaction, not an open-market sale. Following these transactions, Larson directly held 166,022 shares of Class A common stock. The footnote explains that the performance-based restricted stock units were granted on March 20, 2023 and vested upon Compensation Committee certification of company performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
40,003 shares exercised/converted
Exercise
3 txns
Insider
Larson Michelle
Role
Chief Merchandising Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance-Based Restricted Stock Units | 40,003 | $0.00 | $0.00 |
| Exercise | Class A common stock, par value $0.01 per share | 40,003 | $17.90 | $716K |
| Exercise Price or Tax Liability | Class A common stock, par value $0.01 per share | 16,742 | $0.00 | $0.00 |
Holdings After Transaction:
Performance-Based Restricted Stock Units — 0 contracts (Direct);
Class A common stock, par value $0.01 per share — 166,022 shares (Direct)
Footnotes (1)
- F1. Performance-based restricted stock units granted on March 20, 2023, vested (as adjusted for Company performance) upon certification by the Compensation Committee.
Key Figures
Shares exercised: 40,003 shares
Exercise price: $17.90 per share
Tax-withholding shares: 16,742 shares
+2 more
5 metrics
Shares exercised
40,003 shares
Performance-based RSUs converted to Class A common stock on April 21, 2026
Exercise price
$17.90 per share
Exercise of performance-based restricted stock units into Class A common stock
Tax-withholding shares
16,742 shares
Shares disposed of to satisfy tax obligations related to the equity vesting
Post-transaction holdings
182,764 shares
Class A common stock directly held by Michelle Larson after transactions
Net new shares from exercise
23,261 shares
40,003 shares exercised minus 16,742 shares withheld for taxes
Key Terms
Performance-Based Restricted Stock Units, tax-withholding disposition, Exercise or conversion of derivative security, Class A common stock, +1 more
5 terms
Performance-Based Restricted Stock Units financial
"Performance-Based Restricted Stock Units granted on March 20, 2023, vested"
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.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
Class A common stock financial
"Class A common stock, par value $0.01 per share"
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.
Compensation Committee financial
"vested (as adjusted for Company performance) upon 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 did Albertsons (ACI) executive Michelle Larson report in this Form 4?
Michelle Larson reported exercising 40,003 performance-based restricted stock units into Class A common stock and a related tax-withholding share disposition. These actions are compensation-related equity events rather than open-market share purchases or sales.
What are performance-based restricted stock units in the Albertsons (ACI) filing?
The performance-based restricted stock units were equity awards granted on March 20, 2023 that vested based on company performance. Upon Compensation Committee certification, 40,003 units converted into Class A common shares for Michelle Larson.
Was there any open-market buying or selling by Michelle Larson in this Albertsons (ACI) Form 4?
The filing shows no open-market purchases or sales. It records an equity award exercise and a tax-withholding disposition, which are internal compensation and tax events rather than discretionary trades in the public market.
AI-generated analysis. How Rhea-AI works. Not financial advice.
