Withers Michael 4

What Happened

• Michael Withers, EVP Retail Operations West at Albertsons Companies (ACI), recorded a disposition of 6,403 shares on 2026-03-11. The transaction is reported as code J (other acquisition or disposition) at $0.00 per share with the remark "Transfer pursuant to DRO," indicating a transfer under a domestic relations order rather than a market sale.

Key Details

• Transaction date: 2026-03-11
• Shares transferred: 6,403
• Price per share reported: $0.00 (no cash proceeds)
• Transaction code: J (other acquisition/disposition)
• Remark: "Transfer pursuant to DRO" (Domestic Relations Order)
• Filing date: 2026-03-13 (for the 2026-03-11 transaction) — filed within the typical Form 4 reporting window
• Shares owned after transaction: not specified in the provided filing

Context

• A transfer pursuant to a domestic relations order usually reflects division of assets (e.g., divorce settlement) and is not an open-market sale; it generally should not be interpreted as a buy/sell signal about the company's outlook.
• Because no purchase occurred and no proceeds were reported, this transaction is largely administrative rather than an indication of insider sentiment.