Albertsons (NYSE: ACI) EVP Backus exercises 16,002 RSUs and retains 111,722 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Albertsons Companies EVP Retail Operations East Robert Backus reported routine equity compensation activity. On April 21, 2026, he exercised 16,002 Performance-Based Restricted Stock Units into Class A common stock at $17.90 per share and had 7,145 shares withheld in a tax-withholding disposition.
After these transactions, Backus directly owned 111,722 shares of Class A common stock. The footnote explains the performance-based RSUs were granted on March 20, 2023 and vested upon certification by the Compensation Committee based on company performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
16,002 shares exercised/converted
Mixed
3 txns
Insider
Backus Robert
Role
EVP Retail Operations East
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance-Based Restricted Stock Units | 16,002 | $0.00 | -- |
| Exercise | Class A common stock par value $0.01 | 16,002 | $17.90 | $286K |
| Tax Withholding | Class A common stock par value $0.01 | 7,145 | $0.00 | -- |
Holdings After Transaction:
Performance-Based Restricted Stock Units — 0 shares (Direct, null);
Class A common stock par value $0.01 — 111,722 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs exercised: 16,002 shares
Exercise price: $17.90 per share
Tax-withholding shares: 7,145 shares
+3 more
6 metrics
RSUs exercised
16,002 shares
Performance-Based Restricted Stock Units converted on April 21, 2026
Exercise price
$17.90 per share
Class A common stock received from RSU conversion
Tax-withholding shares
7,145 shares
Shares delivered to cover tax liabilities on April 21, 2026
Shares held after transactions
111,722 shares
Direct ownership of Class A common stock after Form 4 events
Par value
$0.01
Par value of Albertsons Class A common stock
Grant date of RSUs
March 20, 2023
Grant date for performance-based RSUs that later vested
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
"security_title": "Class A common stock par value $0.01""
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
"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 insider transaction did Albertsons (ACI) EVP Robert Backus report?
Albertsons EVP Robert Backus reported exercising 16,002 performance-based restricted stock units into Class A common stock. In connection with this vesting, 7,145 shares were disposed of to cover tax obligations, reflecting a standard compensation-related equity transaction rather than an open-market trade.
What was the size and price of the Albertsons (ACI) RSU exercise?
Backus exercised 16,002 performance-based restricted stock units into Class A common stock at $17.90 per share. This derivative exercise converted previously awarded RSUs into actual shares as part of his compensation package, rather than representing an open-market purchase of additional stock.
When were the performance-based RSUs in this Albertsons (ACI) filing originally granted?
The performance-based restricted stock units were granted on March 20, 2023. According to the footnote, they vested after the Compensation Committee certified company performance, at which point they were converted into shares as reported in the April 21, 2026 Form 4 filing.