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ALBANY INTERNATIONAL CORP /DE/·4

Mar 3, 2:08 PM ET

Purdum Suzanne K 4

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

Research Summary

AI-generated summary of this filing

Updated

Albany Intl (AIN) CHRO Suzanne Purdum Receives RSU Shares

What Happened

  • Suzanne K. Purdum, CHRO of Albany International Corp. (AIN), had a total of 2,495 shares delivered to her on March 1, 2026 as restricted stock units (RSUs) vested. The Form 4 reports these as "exercise/conversion of derivative (M)" with $0 exercise price because they are RSU distributions rather than purchases.
  • To satisfy withholding/tax obligations, 716 of those shares were withheld/disposed at an indicated per-share value of $57.65 for a total tax withholding of $41,277, leaving a net of 1,779 shares retained by Purdum.

Key Details

  • Transaction date: March 1, 2026; Form 4 filed March 3, 2026 (timely).
  • Reported entries show acquisitions of 170, 1,438 and 887 shares (total 2,495) and a disposition/withholding of 716 shares at $57.65 each (total $41,277).
  • Price shown for the acquisitions is $0.00 because these are RSU vesting conversions, not cash purchases.
  • Shares owned after the transaction: not specified in the provided filing excerpt.
  • Notable footnotes: distributions reflect vesting of RSUs from multiple grants (including grants dated Nov 1, 2024; Feb 21, 2025; and a new grant on Feb 27, 2026). Footnote F4 confirms shares were withheld to satisfy tax liabilities.
  • Transaction codes: M = exercise/conversion of derivative (RSU conversion), F = shares withheld/disposed to cover taxes.

Context

  • This was not a market purchase or sale of shares for investment purposes but the routine vesting and conversion of RSUs into common stock, with a portion withheld to pay taxes (a common administrative step).
  • Such vesting transactions are typical compensation events and do not by themselves signal insider buying or selling intent.

Insider Transaction Report

Form 4
Period: 2026-02-27
ALBANY INTERNATIONAL CORP /DE/AIN
Purdum Suzanne K
CHRO
Transactions
  • Exercise/Conversion

    Class A Common Stock

    [F1]
    2026-03-01+170→ 1,301 total
  • Exercise/Conversion

    Class A Common Stock

    [F2]
    2026-03-01+1,438→ 2,739 total
  • Exercise/Conversion

    Class A Common Stock

    [F3]
    2026-03-01+887→ 3,626 total
  • Tax Payment

    Class A Common Stock

    [F4]
    2026-03-01$57.65/sh−716$41,277→ 2,910 total
  • Exercise/Conversion

    Restricted Stock Units

    [F5][F6]
    2026-03-01+887→ 1,773 total
    From: 2026-03-01→ Class A Common Stock (2,660 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F7][F8]
    2026-03-01+170→ 169 total
    From: 2026-03-01→ Class A Common Stock (339 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F9][F10]
    2026-03-01+1,438→ 1,438 total
    From: 2026-03-01→ Class A Common Stock (2,876 underlying)
Holdings

  • Class A Common Stock

    1,131

  • Restricted Stock Units

    [F11][F12]
    From: 2027-03-01→ Class A Common Stock (3,816 underlying)
    3,816
Footnotes (12)
  • [F1]Shares distributed pursuant to vesting of Restricted Stock Units granted on November 1, 2024.
  • [F10]1,439 Restricted Stock Units vest on March 1, 2025; 1,438 Restricted Stock Units vest on March 1, 2026; and 1,438 Restricted Stock Units vest on March 1, 2027.
  • [F11]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.
  • [F12]1,272 Restricted Stock Units vest on March 1, 2027; 1,272 Restricted Stock Units vest on March 1, 2028; and 1,272 Restricted Stock Units vest on March 1, 2029.
  • [F2]Shares distributed pursuant to vesting of Restricted Stock Units granted on November 1, 2024.
  • [F3]Shares distributed pursuant to vesting of Restricted Stock Units granted on February 21, 2025.
  • [F4]Shares withheld to satisfy the tax liability in connection with the transactions described in footnotes 1, 2 and 3 above.
  • [F5]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.
  • [F6]887 Restricted Stock Units vest on March 1, 2026; 887 Restricted Stock Units vest on March 1, 2027; and 886 Restricted Stock Units vest on March 1, 2027
  • [F7]Restricted Stock Units granted November 1, 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.
  • [F8]170 Restricted Stock Units vest on March 1, 2025; 170 Restricted Stock Units vest on March 1, 2026; and 169 Restricted Stock Units vest on March 1, 2027.
  • [F9]Restricted Stock Units granted November 1, 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.
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
    exhibit24.txt

    POA