Station Willard C 4
4 · ALBANY INTERNATIONAL CORP /DE/ · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
Albany Intl (AIN) CFO Willard Station Receives 2,124 Shares via RSU Vesting
What Happened
- Willard C. Station, Executive Vice President and CFO of Albany International Corp. (AIN), had Restricted Stock Units (RSUs) convert into shares on March 1, 2026. The Form 4 shows an exercise/conversion (code M) for 2,124 shares at $0.00 (i.e., RSU vesting), and a tax-withholding disposal (code F) of 600 shares at $57.65 each, totalling $34,590.
- The filing lists the conversion/vesting entries and the share withholding to satisfy tax obligations. This was a compensatory RSU vesting event (not an open-market purchase or discretionary sale).
Key Details
- Transaction date: March 1, 2026; Form 4 filed March 3, 2026 (filed within the typical 2-business-day window).
- Vesting/conversion: 2,124 shares issued (exercise/conversion of a derivative instrument; code M) at $0.00.
- Tax withholding: 600 shares withheld (code F) at $57.65 = $34,590.
- Footnotes indicate these shares came from RSUs granted under the Albany International Corp. 2023 Plan (grants and vesting schedules referenced in the filing — e.g., RSUs granted Sept 2, 2025 and other scheduled tranches).
- Shares owned after the transaction are not specified in the provided excerpt of the filing.
Context
- This was a routine RSU vesting and tax-withholding event (not an open-market buy or sell). Code explanations: M = exercise/conversion of derivative (here, RSU conversion to shares); F = shares disposed/withheld to cover tax liabilities.
- Such compensatory vesting events reflect standard executive pay practices and should not by themselves be taken as a directional insider market signal.
Insider Transaction Report
Form 4
Station Willard C
Executive Vice President - CFO
Transactions
- Exercise/Conversion
Class A Common Stock
[F1]2026-03-01+2,124→ 2,124 total - Tax Payment
Class A Common Stock
[F2]2026-03-01$57.65/sh−600$34,590→ 1,524 total - Exercise/Conversion
Restricted Stock Units
[F5][F6]2026-03-01+2,124→ 4,246 totalFrom: 2026-03-01→ Class A Common Stock (6,370 underlying)
Holdings
- 0
Class A Common Stock
- 32,118
Restricted Stock Units
[F3][F4]From: 2026-09-01→ Class A Common Stock (32,118 underlying) - 9,023
Restricted Stock Units
[F7][F8]From: 2027-03-01→ Class A Common Stock (9,023 underlying)
Footnotes (8)
- [F1]Shares distributed pursuant to vesting of Restricted Stock units granted September 2, 2025.
- [F2]Shares withheld to satisfy the tax liability in connection with the transaction described in footnote 1 above.
- [F3]Restricted Stock Units granted September 2, 2025, pursuant to the Albany International Corp. 2023 Plan. Each Restricted Stock Unit entitles the holder to receive one share of Class A Common Stock at the time of vesting.
- [F4]10,599 Restricted Stock Units vest on September 1, 2026; 10,599 Restricted Stock Units vest on September 1, 2027; and 10,920 Restricted Stock Units vest on September 1, 2028.
- [F5]Restricted Stock Units granted September 2, 2025, pursuant to the Albany International Corp. 2023 Plan. Each Restricted Stock Unit entitles the holder to receive one share of Class A Common Stock at the time of vesting.
- [F6]2123 Restricted Stock Units vest on March 1, 2026; 2124 Restricted Stock Units vest on March 1, 2027; and 2123 Restricted Stock Units vest on March 1, 2028.
- [F7]Restricted Stock Units granted February 27, 2026, pursuant to the Albany International Corp. 2023 Plan. Each Restricted Stock Unit entitles the holder to receive one share of Class A Common Stock at the time of vesting.
- [F8]3008 Restricted Stock Units vest on March 1, 2027; 3008 Restricted Stock Units vest on March 1, 2028; and 3007 Restricted Stock Units vest on March 1, 2029.
Signature
Cynthia A. SantaBarbara, Attorney in Fact|2026-03-03