Masters J Kent 4

What Happened
Kent Masters, Albemarle Corporation’s Chairman & CEO (also a director), sold a total of 16,393 Albemarle shares in open-market transactions on May 15, 2026. The three reported sales were: 3,826 shares at a weighted-average price of $183.12 (≈ $700,617), 11,867 shares at $183.87 (≈ $2,181,985), and 700 shares at $184.52 (≈ $129,164). The filing states the sales were made for diversification and tax planning purposes.

Key Details

• Transaction date: May 15, 2026; Form 4 filed May 19, 2026 (within the routine reporting window).
• Reported sales (by line):
  • 3,826 shares @ $183.12 — proceeds ≈ $700,617 (footnote F1: weighted-average price; individual prices ranged $182.415–$183.41).
  • 11,867 shares @ $183.87 — proceeds ≈ $2,181,985 (footnote F2: weighted-average price; individual prices ranged $183.42–$184.40).
  • 700 shares @ $184.52 — proceeds ≈ $129,164 (footnote F3: weighted-average price; individual prices ranged $184.43–$184.54).
• Total sold: 16,393 shares for total proceeds of approximately $3,011,766.
• Shares owned after the transactions: not specified in the summary data provided in this request.
• Notable footnotes: sales were multiple transactions aggregated to weighted-average prices and were done for diversification and tax planning; filing notes the reporting person still retains significant Albemarle holdings exceeding required ownership guidelines (F3).

Context

• These are outright open-market sales (code S) rather than purchases, awards, or option exercises; such sales are often routine or for personal financial/tax reasons and do not necessarily signal a change in view on the company.
• No options exercised, gifts, or awards were reported in this filing.
• If you track insider buying as a bullish signal, this filing is a material insider sale rather than a purchase.