Alvord Christina M 4/A

What Happened
Christina M. Alvord, a director of Albany International Corp. (AIN), received a grant of 2,390 Deferred Restricted Stock Units (DSUs) on May 15, 2026. The Form 4 reports the award as a derivative acquisition at $0.00 per unit (total $0 at grant). Each DSU entitles the holder to one share of Class A Common Stock upon vesting, and the holder will receive cash dividends on the DSUs as declared by the Board.

Key Details

• Transaction date: May 15, 2026 (Amended Form 4 filed May 28, 2026).
• Transaction type/code: Award/Grant of DSUs (code A); 2,390 DSUs at $0.00 per unit.
• Shares owned following transaction: Not specified in the filing.
• Footnotes:
  • F1: DSUs granted under the Non-Employee Director Compensation Plan (2023 LTIP); DSUs convert 1-for-1 to Class A shares and pay cash dividends.
  • F2: Vesting: earlier of (a) January 1, 2034, or (b) reporting person’s death/disability or a change of control. If the director separates from service before that date, the DSUs vest 20% per year over five years starting on the separation anniversary.
• Filing status: This is an AMENDED Form 4 filed 13 days after the grant date; Form 4s are normally due within 2 business days, so the amendment may correct or complete prior reporting.

Context
DSUs are a form of deferred compensation commonly used for non-employee directors and are not an open-market purchase or sale. Because these are awards that convert to shares only at vesting, they are routine director compensation rather than a direct bullish or bearish trading signal.