secwatch.observer — SEC 8-K summary
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Issuer:     Albertsons Companies, Inc. (ACI)
CIK:        0001646972
Form:       8-K
Filed at:   2022-10-17T23:59:59+00:00
Accession:  0001193125-22-263421
Event type: dividend
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Albertsons declares $6.85 special dividend; major stockholders enter lock-up agreements in connection with Kroger merger
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- Special cash dividend of $6.85 per share payable Nov 7, 2022 to holders of record Oct 24, 2022.
- Dividend declared in connection with the Oct 13, 2022 merger agreement with The Kroger Co.
- Five largest stockholders (Cerberus, Schottenstein, Lubert-Adler, Kimco, Klaff) entered lock-up agreements restricting share sales through certain dates.
- Kimco permitted to sell 12M shares and Jubilee Limited Partnership permitted to sell ~30M shares during lock-up period.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1646972/000119312522263421/0001193125-22-263421-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1646972/000119312522263421/d405268d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-263421

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