Masters J Kent 4

What Happened
J. Kent Masters, Albemarle Corporation’s Chairman & CEO and a director, disposed of a total of 42,499 ALB shares in early March 2026. On March 10, 2026 he sold 11,783 shares in three open-market transactions for aggregate proceeds of $2,012,689 (weighted-average prices reported for the lots). On March 12, 2026 he transferred (gifted) 30,716 shares to an irrevocable trust for tax and estate planning, valued at $5,000,258.

Key Details

• Transaction dates: March 10, 2026 (sales) and March 12, 2026 (gift). Form filed March 12, 2026 (filed within the standard two-business-day window).
• Sales detail (weighted-average prices / noted price ranges in footnotes):
  • 5,395 shares sold at weighted avg $170.26 (individual sale prices ranged $169.63–$170.62) — proceeds $918,553.
  • 5,392 shares sold at weighted avg $171.18 (prices ranged $170.63–$171.57) — proceeds $923,003.
  • 996 shares sold at weighted avg $171.82 (prices ranged $171.67–$171.89) — proceeds $171,133.
  • Total sold: 11,783 shares for $2,012,689.
• Gift: 30,716 shares transferred to an irrevocable trust (reporting person has no influence or control); reported value $5,000,258.
• Shares owned after transaction: not specified in the provided excerpt; footnotes state the reporting person retains significant holdings in Albemarle stock, above required ownership guidelines.
• Footnotes: sales were for diversification and tax planning; weighted-average prices reported with ranges; gift was for tax/estate planning; EX-24 (Power of Attorney) attached.

Context

• Sales cited as diversification/tax planning in the filing — routine reasons often cited by insiders and not necessarily a negative signal about company prospects.
• Gifts/transfers to an irrevocable trust are estate/tax planning moves and do not directly reflect buying/selling sentiment.
• No derivative or option exercises reported in this filing.