PLOURDE KATHARINE 4

What Happened
Katharine Plourde, a director of Albany International Corp. (AIN), received a grant of 2,390 Deferred Restricted Stock Units (DSUs) on May 15, 2026. The reported acquisition price is $0.00 (this is a grant of a derivative award, not a cash purchase). These DSUs will convert into one share of Class A common stock each when they vest.

Key Details

• Transaction date: May 15, 2026; Form 4 filed May 18, 2026 (timely filing).
• Award: 2,390 Deferred Restricted Stock Units (Derivative award), price reported $0.00; total reported value $0 at grant.
• Vesting: The 2,390 DSUs vest on the earlier of (a) January 1, 2029, or (b) the death of the reporting person (footnote).
• Dividends: The holder will receive cash dividends on these DSUs as declared by the Board (footnote).
• Plan: Granted under the Albany International Non-Employee Director Deferred Compensation Plan pursuant to the 2023 Long Term Incentive Plan.
• Shares owned after the transaction: Not specified in the provided filing.

Context
This was a standard director compensation grant (deferred equity) rather than an open-market buy or sale. DSUs are a form of deferred compensation that become actual shares only at vesting—they do not represent immediate transferable common stock and do not indicate an immediate cash outlay or sale. For retail investors, such awards are routine for non-employee directors and primarily reflect compensation structure, not an immediate bullish or bearish trade.