Stone Christopher Eric 4
4 · ALBANY INTERNATIONAL CORP /DE/ · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
Albany International (AIN) President Christopher Stone Receives Shares
What Happened
Christopher Eric Stone, President AEC of Albany International (AIN), had restricted stock units (RSUs vest) convert into 2,440 shares on March 1, 2026 (1,289 + 1,151). The RSUs converted at $0 exercise price (typical for RSU vesting). To cover tax withholding, 793 shares were surrendered/withheld valued at $57.65 per share, totaling $45,716. Net shares received and retained by Stone from this vesting were 1,647 shares.
Key Details
- Transaction date(s): March 1, 2026 (reported on Form 4 filed March 3, 2026). Filing appears timely (filed two days after the transaction).
- Actions reported: Conversion/vesting of RSUs (transaction code M) and shares withheld for tax liability (transaction code F).
- Share counts & prices: 2,440 shares acquired via RSU conversion at $0.00; 793 shares withheld at $57.65 each (total $45,716). Net retained = 1,647 shares.
- Shares owned after transaction: Not specified in the excerpt of the filing provided.
- Notable footnotes: RSUs originated from prior grants (Aug 12, 2024 and related grants) and new RSU grants dated Feb 27, 2026; vesting schedules are detailed in the filing (see F1–F11). Footnote F3 confirms the 793 shares were withheld to satisfy tax obligations.
Context
These transactions reflect routine RSU vesting and tax withholding, not an open-market sale or purchase. The conversion entries (M) denote derivative-to-share conversion (RSU vesting), and the withholding (F) is a non-market disposition to cover taxes. Such vesting-related withholdings are common and do not necessarily indicate a change in insider sentiment.
Insider Transaction Report
- Exercise/Conversion
Class A Common Stock
[F1]2026-03-01+1,289→ 9,345 total - Exercise/Conversion
Class A Common Stock
[F2]2026-03-01+1,151→ 10,496 total - Tax Payment
Class A Common Stock
[F3]2026-03-01$57.65/sh−793$45,716→ 9,703 total - Exercise/Conversion
Restricted Stock Units
[F6][F7]2026-03-01+1,289→ 2,578 totalFrom: 2026-03-01→ Class A Common Stock (3,867 underlying) - Exercise/Conversion
Restricted Stock Units
[F8][F9]2026-03-01+1,151→ 1,150 totalFrom: 2026-03-01→ Class A Common Stock (2,301 underlying)
- 8,056
Class A Common Stock
- 13,809
Restricted Stock Units
[F4][F5]From: 2025-08-12→ Class A Common Stock (20,714 underlying) - 5,521
Restricted Stock Units
[F10][F11]From: 2027-03-01→ Class A Common Stock (5,521 underlying)
Footnotes (11)
- [F1]Shares distributed pursuant to vesting of Restricted Stock Units granted on August 12, 2024.
- [F10]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.
- [F11]1841 Restricted Stock Units vest on March 1, 2027; 1840 Restricted Stock Units vest on March 1, 2028; and 1840 Restricted Stock Units vest on March 1, 2029.
- [F2]Shares distributed pursuant to vesting of Restricted Stock Units granted on August 12, 2024.
- [F3]Shares withheld to satisfy the tax liability in connection with the transaction described in footnotes 1 and 2 above.
- [F4]Restricted Stock Units granted August 12, 2024 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.
- [F5]6905 Restricted Stock Units vest on August 12, 2025; 6905 Restricted Stock Units vest on August 12, 2026; and 6904 Restricted Stock Units vest on August 12, 2027.
- [F6]Restricted Stock Units granted February 21, 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.
- [F7]1289 Restricted Stock Units vest on March 1, 2026; 1289 Restricted Stock Units vest on March 1, 2027; and 1289 Restricted Stock Units vest on March 1, 2028.
- [F8]Restricted Stock Units granted August 12, 2024 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.
- [F9]1151 Restricted Stock Units vest on March 1, 2025; 1151 Restricted Stock Units vest on March 1, 2026; and 1150 Restricted Stock Units vest on March 1, 2027.