Masters J Kent 4

What Happened

• Kent Masters, Chairman & CEO of Albemarle Corp (ALB), received 9,032 shares on 2026-02-26 as the vesting of performance stock units (transaction code A) valued at $1,670,288 (9,032 × $184.93). To cover tax withholding (transaction code F), 3,924 shares were surrendered (withheld) valued at $725,665. Net shares retained from the vesting: 5,108 shares (net value ≈ $944,622).

Key Details

• Transaction date: 2026-02-26; Form 4 filed: 2026-03-02 (appears timely).
• Price used for reporting: $184.93 per share.
• Gross award: 9,032 shares → $1,670,288.
• Tax withholding/shares surrendered: 3,924 shares → $725,665.
• Net shares received and retained: 5,108 shares → ≈ $944,622.
• Footnotes: F1 — PSUs were granted 02/24/2023 (50% ROIC PSUs earned no shares; 50% rTSR PSUs fully earned and vested 2/26/2026). F2 — Shares withheld to meet tax liabilities on vesting.
• Shares owned after the transaction: not specified in the supplied filing excerpt.

Context

• This was not an open‑market purchase or sale: it reflects the vesting of performance-based restricted stock units. The withholding of shares to cover taxes is a common, routine administrative step and does not by itself indicate a discretionary sale by the insider.