4Filed Sep 15, 8:00 PM ET
Albemarle (ALB) CCO Eric Norris Receives Restricted Stock Award
$ALB · ALBEMARLE CORPResearch Summary
AI-generated summary of this SEC filing
Albemarle (ALB) CCO Eric Norris Receives Restricted Stock Award
What Happened
Eric Norris, Chief Commercial Officer of Albemarle Corp (ALB), received a grant of 10,867 restricted stock units (reported as an acquisition, code A) on 2026-09-14. The filing records the units at $0.00 acquisition price (typical for RSU awards); no cash was paid. This is an equity award rather than a purchase or sale.
Key Details
- Transaction date: 2026-09-14; reported on Form 4 filed 2026-09-16.
- Transaction type: Award/Grant (A) — 10,867 RSUs @ $0.00 (acquisition value $0 as reported).
- Vesting: 100% of these RSUs vest on 2028-03-14 (per the award agreement, footnote F1).
- Shares owned following the transaction: not specified in the provided filing details.
- No 10b5‑1 plan, tax-withholding sale, or late-filing note is indicated in the supplied information.
Context
Restricted stock units convert to common shares only when they vest (here, fully on 2028-03-14); they are not an immediate purchase or sale and don’t necessarily indicate short-term trading intent. Grants are a common part of executive compensation to align interests with shareholders.