ALBANY INTERNATIONAL CORP /DE/·4

Mar 3, 2:06 PM ET

Stone Christopher Eric 4

Research Summary

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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.