Albertsons Companies Inc SEC Filings

Albertsons Companies (ACI) entered an accelerated share repurchase (ASR) with JPMorgan to repurchase $750 million of common stock as part of its buyback program. The company will pay $750 million on October 15, 2025, and expects an initial delivery of approximately 80% of the shares initially underlying the ASR.

The final number of shares will be determined by the volume‑weighted average price of ACI stock during the ASR term, less a discount, with customary adjustments. The transactions are expected to be completed no later than the first quarter of 2026. The Board also increased the total share repurchase authorization to $2.75 billion, inclusive of this ASR.

Albertsons Companies (ACI) reported steady second‑quarter results. Net sales and other revenue were $18.9 billion, up 2.0% year over year, with net income $168.5 million and EPS $0.30. Identical sales excluding fuel rose 2.2%, driven primarily by strong pharmacy growth. Digital sales increased 23%, and loyalty members grew 13% to 48.7 million.

Gross margin rate was 27.0% versus 27.6% a year ago, reflecting mix shift toward pharmacy and higher delivery and handling costs from digital, partially offset by productivity initiatives. For the first 28 weeks of fiscal 2025, cash from operations totaled $1,282.0 million; capital expenditures were $950.5 million.

Capital returns included $169.6 million in dividends and repurchase of 25.7 million shares for $550.1 million. Subsequent to quarter end, ACI entered a $750 million accelerated share repurchase and increased its authorization to $2.75 billion. The company issued $600 million 6.250% notes due 2033 to redeem 2026 notes and amended its $4.0 billion ABL facility to extend maturity to 2030, with $325.0 million outstanding. A pension annuity purchase transferred $290.0 million of assets, resulting in a $26.8 million settlement gain.

Albertsons Companies, Inc. (ACI) furnished a press release announcing its financial results for the 12 and 28 weeks ended September 6, 2025. The press release is provided as Exhibit 99.1. The company noted that this information is furnished and not deemed filed under the Exchange Act, and is not incorporated by reference except as expressly set forth by specific reference.

Albertsons Companies, Inc. (ACI) director David Zinsner was granted 4,603 time-based restricted stock units (RSUs) on 09/23/2025. Each RSU represents a contractual right to receive one share of Class A common stock.

The award will vest in full on February 28, 2026 provided Zinsner continues to serve as a director through that date. The Form 4 was signed on behalf of Mr. Zinsner by Maria Fernandez on 09/24/2025.

David Zinsner, reporting as a director of Albertsons Companies, Inc. (ACI), filed an initial Section 16 Form 3 reporting the event date 09/15/2025. The filing states the reporting person does not beneficially own any securities of the issuer as of the report date. The Form 3 was signed by an attorney-in-fact on behalf of Mr. Zinsner on 09/22/2025, indicating a timely initial disclosure with no holdings reported.

Albertsons Companies reported a change to its board with the appointment of David Zinsner, Executive Vice President and Chief Financial Officer of Intel Corporation, as an independent director effective September 15, 2025. Mr. Zinsner, who has led Intel's global finance organization since 2022 and brings over 25 years of finance and operational experience at technology and semiconductor companies, was designated by Cerberus Capital Management, L.P. under a stockholders' agreement. The filing states Mr. Zinsner has no family relationships with company officers or directors and no related-party transactions requiring disclosure. In connection with this change, longtime director Allen Gibson retired from the Board and all committee memberships; the company says his retirement was not due to any disagreement. A press release is attached as Exhibit 99.1.

Michelle Larson, Chief Merchandising Officer of Albertsons Companies, Inc. (ACI), filed an initial Form 3 reporting direct ownership of 114,846 Class A shares on 08/22/2025. She also holds 166,382 time-based restricted stock units and 133,024 performance-based restricted stock units, each convertible into one Class A share subject to vesting and performance certification.

Albertsons Companies, Inc. (ACI) Form 3: Evan Rainwater, EVP, Supply Chain, Manufacturing & Sourcing, reported initial beneficial ownership on 08/22/2025. He directly owns 351,808 shares of Class A common stock and holds equity awards consisting of 118,588 time-based RSUs and 149,727 performance-based RSUs, each convertible into one share upon vesting or certification.