Albertsons (NYSE: ACI) EVP receives new RSU and PBRSU awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Moriarty Thomas M reported acquisition or exercise transactions in this Form 4 filing.
Albertsons Companies EVP, M&A and Corporate Affairs Thomas M. Moriarty reported equity compensation awards tied to the company’s Class A common stock. He received performance-based restricted stock unit (PBRSU) awards, each unit entitling him to one share, with vesting on February 24, 2029, contingent on performance goals for fiscal 2026–2028, Compensation Committee certification, and continued service. The filing also reflects time-based restricted stock units (TBRSUs), each convertible into one share of Class A common stock, scheduled to vest in three equal installments on February 27, 2027, February 26, 2028, and February 24, 2029, subject to his continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
109,957 shares exercised/converted
Mixed
4 txns
Insider
Moriarty Thomas M
Role
EVP, M&A and Corporate Affairs
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Time-based Restricted Stock Units | 109,957 | $0.00 | -- |
| Grant/Award | Performance-Based Restricted Stock Units | 36,653 | $0.00 | -- |
| Grant/Award | Performance-Based Restricted Stock Units | 36,652 | $0.00 | -- |
| Grant/Award | Performance-Based Restricted Stock Units | 36,652 | $0.00 | -- |
Holdings After Transaction:
Time-based Restricted Stock Units — 109,957 shares (Direct, null);
Performance-Based Restricted Stock Units — 36,653 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
PBRSU grant example: 36,652 units
PBRSU grant example: 36,653 units
TBRSU position: 109,957 units
+4 more
7 metrics
PBRSU grant example
36,652 units
Performance-based restricted stock units, each for one Class A share
PBRSU grant example
36,653 units
Additional performance-based restricted stock units, one share per unit
TBRSU position
109,957 units
Time-based restricted stock units, each for one Class A share
PBRSU vesting date
February 24, 2029
PBRSUs vest if performance goals for fiscal 2026–2028 are achieved
First TBRSU vesting
February 27, 2027
First of three equal TBRSU vesting installments
Second TBRSU vesting
February 26, 2028
Second TBRSU vesting installment, subject to continued employment
Third TBRSU vesting
February 24, 2029
Final TBRSU vesting installment, contingent on continued employment
Key Terms
Performance-Based Restricted Stock Units, Time-based Restricted Stock Units, Compensation Committee, vesting, +1 more
5 terms
Performance-Based Restricted Stock Units financial
"Each performance-based restricted stock unit ("PBRSU") award granted on April 16, 2026."
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.
Time-based Restricted Stock Units financial
"Each time-based restricted stock unit ("TBRSU") entitles the holder to one share of Class A common stock..."
Time-based restricted stock units are a form of employee compensation where individuals are granted company shares that are earned over a set period, often as a reward for staying with the company. These shares typically become fully owned and transferable only after passing specific time milestones, encouraging long-term commitment. For investors, they highlight a company's focus on employee retention and can influence future stock supply and company stability.
Compensation Committee financial
"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.
vesting financial
"The award vests in three equal installments on February 27, 2027, and February 26, 2028, and February 24, 2029..."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Class A common stock financial
"entitles the holder to one share of Class A common stock of Albertsons Companies, Inc."
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 equity awards did ACI executive Thomas M. Moriarty report on this Form 4?
Thomas M. Moriarty reported grants of performance-based and time-based restricted stock units, each unit tied to one share of Albertsons Class A common stock. These awards represent equity compensation rather than open‑market stock purchases or sales, aligning his compensation with company performance and tenure.
When do Thomas Moriarty’s Albertsons (ACI) PBRSU awards vest?
The performance-based restricted stock unit awards for Thomas Moriarty vest on February 24, 2029. Vesting is contingent on meeting performance goals for fiscal years 2026, 2027, and 2028, certification of results by the Compensation Committee, and his continued service through the certification date.
What is the vesting schedule for Thomas Moriarty’s Albertsons (ACI) TBRSUs?
Each time-based restricted stock unit for Thomas Moriarty entitles him to one Class A share and vests in three equal installments. The vesting dates are February 27, 2027, February 26, 2028, and February 24, 2029, provided he remains continuously employed through each vesting date.
What role does the Compensation Committee play in Thomas Moriarty’s ACI PBRSU awards?
The Compensation Committee must certify performance goal achievement for fiscal 2026, 2027, and 2028 before PBRSUs vest on February 24, 2029. This certification determines the actual number of performance-based units that convert into Class A shares, linking vesting directly to multi‑year company performance.