Albertsons (NYSE: ACI) director receives 114 dividend equivalent RSU units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mensah Sarah reported acquisition or exercise transactions in this Form 4 filing.
Albertsons Companies director Sarah Mensah received 114 dividend equivalent units tied to existing restricted stock units. These units were credited as quarterly dividend equivalents based on a $0.17 per-share dividend on Albertsons common stock and will vest and settle at the same time as the underlying unvested RSU awards. Following this award, Mensah directly holds a total of 10,848 dividend equivalent units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Mensah Sarah
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Units | 114 | $0.00 | -- |
Holdings After Transaction:
Dividend Equivalent Units — 10,848 shares (Direct, null)
Footnotes (1)
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Key Figures
Dividend equivalent units granted: 114 units
Dividend rate: $0.17 per share
Units held after transaction: 10,848 units
3 metrics
Dividend equivalent units granted
114 units
Grant of dividend equivalent units on unvested RSUs
Dividend rate
$0.17 per share
Quarterly dividend equivalent on common stock
Units held after transaction
10,848 units
Total dividend equivalent units following grant
Key Terms
Dividend Equivalent Units, restricted stock units ("RSUs"), underlying awards
3 terms
Dividend Equivalent Units financial
"Dividend Equivalent Units credited to the reporting person's account"
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.
restricted stock units ("RSUs") financial
"Restricted stock units ("RSUs") credited to the reporting person's account"
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.
underlying awards financial
"will vest and settle with the underlying awards"
FAQ
What transaction did Albertsons (ACI) director Sarah Mensah report on this Form 4?
Sarah Mensah reported receiving 114 dividend equivalent units linked to her existing restricted stock units. These units represent additional compensation credited as dividends on unvested RSUs and will vest and settle at the same time as the underlying awards.
How many dividend equivalent units did Sarah Mensah receive from Albertsons (ACI)?
Sarah Mensah received 114 dividend equivalent units associated with her unvested restricted stock units. These units correspond to the company’s quarterly dividend and increase her RSU-based position without any cash purchase or open-market transaction on her part.
What dividend rate was used to calculate Sarah Mensah’s new Albertsons (ACI) dividend equivalent units?
The 114 dividend equivalent units reflect a quarterly dividend equivalent of $0.17 per share of Albertsons common stock. This means her unvested RSUs were credited as if they had received the same $0.17 per-share dividend as outstanding common shares.
How many dividend equivalent units does Sarah Mensah hold after this Albertsons (ACI) transaction?
After receiving the 114 additional units, Sarah Mensah directly holds 10,848 dividend equivalent units. This total reflects her accumulated RSU-related units, which will vest and settle together with the corresponding underlying RSU awards according to their existing schedules.
Are Sarah Mensah’s dividend equivalent units in Albertsons (ACI) immediately vested or settled?
No, the dividend equivalent units will vest and settle with the underlying unvested RSU awards. They are credited now as quarterly dividend equivalents but follow the same vesting timetable and settlement conditions as the original restricted stock unit grants.