Albertsons (NYSE: ACI) CMO receives time- and performance-based RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Larson Michelle reported acquisition or exercise transactions in this Form 4 filing.
Albertsons Companies Chief Merchandising Officer Michelle Larson reported new equity awards in the form of restricted stock units. On April 16, 2026, she received multiple grants of performance-based restricted stock units tied to Class A common stock, as well as a separate grant of time-based restricted stock units.
The time-based restricted stock units vest in three equal installments on February 27, 2027, February 26, 2028, and February 24, 2029, if she remains continuously employed through each date. The performance-based units vest on February 24, 2029, contingent on achieving performance goals for fiscal years 2026, 2027, and 2028 and Compensation Committee certification. Each unit, once vested, entitles her to one share of Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Larson Michelle
Role
Chief Merchandising Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Time-based Restricted Stock Units | 106,903 | $0.00 | -- |
| Grant/Award | Performance-Based Restricted Stock Units | 35,635 | $0.00 | -- |
| Grant/Award | Performance-Based Restricted Stock Units | 35,634 | $0.00 | -- |
| Grant/Award | Performance-Based Restricted Stock Units | 35,634 | $0.00 | -- |
Holdings After Transaction:
Time-based Restricted Stock Units — 106,903 shares (Direct, null);
Performance-Based Restricted Stock Units — 35,635 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
Performance-based RSU grant: 35,634 units
Additional performance-based RSU grant: 35,635 units
Time-based RSU grant: 106,903 units
+3 more
6 metrics
Performance-based RSU grant
35,634 units
PBRSUs granted on April 16, 2026; each for one Class A share
Additional performance-based RSU grant
35,635 units
PBRSUs granted on April 16, 2026; contingent on performance
Time-based RSU grant
106,903 units
TBRSUs granted on April 16, 2026; each for one Class A share
TBRSU vesting dates
February 27, 2027; February 26, 2028; February 24, 2029
Three equal installments subject to continued employment
PBRSU vesting date
February 24, 2029
Vest after fiscal 2026–2028 performance and committee certification
Exercise price per RSU
$0.00 per unit
No cash exercise price; awards settle in Class A shares
Key Terms
Time-based restricted stock unit, Performance-based restricted stock unit, target amount, Compensation Committee, +1 more
5 terms
Time-based restricted stock unit financial
"Each time-based restricted stock unit ("TBRSU") entitles the holder to one share"
Performance-based restricted stock unit financial
"Each performance-based restricted stock unit ("PBRSU") award granted on April 16, 2026"
A performance-based restricted stock unit is a promise of company shares given to an employee that only becomes actual stock if specific performance targets are met and any required time at the company is completed. For investors, these awards matter because they can dilute existing shares when earned and signal management’s confidence or the company’s expected future performance, much like a bonus cheque that only clears when pre-set goals are reached.
target amount financial
"The reported number of PBRSUs is the "target" amount, with the actual number earned depending on performance goal attainment"
Compensation Committee financial
"vesting ... 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.
Class A common stock financial
"entitles the holder to one share of Class A common stock of the Company"
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.
FAQ
What insider transaction did Albertsons (ACI) report for Michelle Larson?
Albertsons reported equity awards to Chief Merchandising Officer Michelle Larson. She received new grants of performance-based and time-based restricted stock units, each convertible into Class A common shares upon vesting, as part of her executive compensation, with no open-market share purchases or sales disclosed.
How many restricted stock units were granted to the Albertsons CMO?
The filing shows multiple grants, including 35,634 and 35,635 performance-based restricted stock units and 106,903 time-based restricted stock units. Each unit corresponds to one share of Albertsons Class A common stock, subject to vesting conditions and continued employment or performance goal achievement.
When do Michelle Larson’s time-based RSUs at Albertsons vest?
The time-based restricted stock units vest in three equal installments on February 27, 2027, February 26, 2028, and February 24, 2029. Vesting requires that Michelle Larson remain continuously employed with Albertsons Companies through each respective vesting date specified in the award terms.
What performance period applies to Albertsons’ performance-based RSUs for Michelle Larson?
The performance-based restricted stock units reference fiscal years 2026, 2027, and 2028. Vesting in 2029 depends on performance goal achievement over those three fiscal years and subsequent certification by the Compensation Committee, along with Michelle Larson’s continued service through the certification date.
Do the Albertsons RSU awards to Michelle Larson involve any cash exercise price?
The restricted stock unit awards show a transaction price and conversion or exercise price of $0.00 per unit. This indicates they are stock-based compensation that converts into Class A common shares upon vesting, rather than options requiring a cash exercise payment at a specified price.