---
schema_version: "secwatch.filing_event.v1"
accession: "0001646972-23-000023"
form_type: "8-K"
ticker: "ACI"
cik: "0001646972"
company_name: "Albertsons Companies, Inc."
filed_at: "2023-02-24T23:59:59+00:00"
generated_at: "2026-06-19T00:47:22.970186+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Albertsons issues 33.9M shares to HPS on preferred conversion; lock-up agreements expire

## Summary
- HPS converted 584,000 shares of Preferred Stock into 33,909,373 shares of Common Stock at 58.064 per share.
- After conversion, HPS no longer holds any Preferred Stock; only 50,000 shares of Preferred Stock remain outstanding.
- Lock-up agreements with five largest stockholders and HPS expired automatically due to HPS no longer owning Preferred Stock.
- Lock-up expiration removes restrictions on sale of shares by sponsors and HPS, potentially increasing share supply.

## SEC filing metadata
- accession: 0001646972-23-000023
- form_type: 8-K
- ticker: ACI
- cik: 0001646972
- company_name: Albertsons Companies, Inc.
- filed_at: 2023-02-24T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 3.02, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1646972/000164697223000023/0001646972-23-000023-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1646972/000164697223000023/aci-20230222.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001646972-23-000023
- JSON: https://secwatch.observer/filing/0001646972-23-000023.json
- Plain text: https://secwatch.observer/filing/0001646972-23-000023.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.