LaBauve Donald J. Jr. 4

What Happened Donald J. LaBauve Jr., Vice President, Corporate Controller & Chief Accounting Officer of Albemarle Corporation (ALB), had 164 shares of common stock withheld/disposed on 2026-02-24 to satisfy tax withholding on vested restricted stock units (RSUs). The transaction was recorded at $186.83 per share for a total withholding value of $30,640. This was a tax-withholding disposition tied to RSU vesting, not an open-market decision to reduce his stake for investment reasons.

Key Details

• Transaction date: 2026-02-24; Form 4 filed: 2026-02-26 (timely).
• Price: $186.83 per share; Total value of shares withheld/disposed: $30,640.
• Shares withheld: 164 shares used to meet tax liabilities associated with RSUs granted 2/24/2023 (Footnote F1).
• Shares owned after transaction: not specified in the excerpt provided (Footnote F2 notes shares held in the Albemarle Savings Plan).
• Filing notes: Footnote F2 references total shares held under Albemarle’s Retirement Savings Plan; Exhibit EX-24 (Power of Attorney) attached.

Context The "disposition" here is a routine tax withholding (transaction code F) that companies commonly use when RSUs vest: shares are withheld rather than the insider selling additional shares on the open market. Such transactions are administrative and do not necessarily signal the insider's view on the company's prospects.