Valashinas Sean C 4

What Happened

• Sean C. Valashinas, Chief Accounting Officer of Albany International (AIN), had 282 restricted stock units (RSUs convert to shares at $0.00) vest on March 1, 2026. Of those, 84 shares were withheld to cover the tax liability (withholding valued at $57.65 per share, total ≈ $4,843). The transaction is recorded as a conversion/exercise of a derivative (RSU conversion) and a tax-withholding disposition.

Key Details

• Transaction date: March 1, 2026; Filing date: March 3, 2026 (appears timely).
• Acquired: 282 shares via RSU vesting (exercise/conversion of derivative, code M) at $0.00 exercise price.
• Disposed/withheld for taxes: 84 shares at $57.65 per share, total ≈ $4,843 (code F).
• Footnotes: RSUs were granted under the Albany International Corp. 2023 Plan. Footnotes indicate multiple RSU grant schedules:
  • 282 RSUs vested on March 1, 2026 (F6/F7).
  • Additional scheduled vesting from other grants (e.g., 1,321 RSUs on June 9, 2026 and further tranches in 2027–2029) per the filing (F4, F8).
• Shares owned after the transaction: not specified in the information provided in your summary.

Context

• This was not an open-market purchase or sale for investment; it was routine equity compensation vesting (RSU conversion). The withholding of 84 shares to cover taxes is a common cashless-withholding method and should not be interpreted as an investment decision by the insider.
• Transaction codes in the filing: M = exercise/conversion of derivative (RSU → shares), F = payment of exercise price or tax liability (share withholding).