ALBANY INTERNATIONAL CORP /DE/·4

Mar 3, 1:58 PM ET

Station Willard C 4

4 · ALBANY INTERNATIONAL CORP /DE/ · Filed Mar 3, 2026

Research Summary

AI-generated summary of this filing

Updated

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
Period: 2026-02-27
Station Willard C
Executive Vice President - CFO
Transactions
  • Exercise/Conversion

    Class A Common Stock

    [F1]
    2026-03-01+2,1242,124 total
  • Tax Payment

    Class A Common Stock

    [F2]
    2026-03-01$57.65/sh600$34,5901,524 total
  • Exercise/Conversion

    Restricted Stock Units

    [F5][F6]
    2026-03-01+2,1244,246 total
    From: 2026-03-01Class A Common Stock (6,370 underlying)
Holdings
  • Class A Common Stock

    0
  • Restricted Stock Units

    [F3][F4]
    From: 2026-09-01Class A Common Stock (32,118 underlying)
    32,118
  • Restricted Stock Units

    [F7][F8]
    From: 2027-03-01Class A Common Stock (9,023 underlying)
    9,023
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

Documents

2 files
  • 4
    form4.xmlPrimary

    STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

  • EX-24