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ALBEMARLE CORP·4

Mar 2, 5:23 PM ET

LaBauve Donald J. Jr. 4

Research Summary

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Updated

Albemarle (ALB) VP LaBauve Receives RSU Vesting, Net +1,057 Shares

What Happened

  • Donald J. LaBauve Jr., Vice President, Corporate Controller & Chief Accounting Officer of Albemarle Corporation, had restricted stock units (RSUs) vest at the end of February 2026. Two awards vested: 219 shares on 2026-02-26 (valued at $184.93 each, $40,500) and 1,266 shares on 2026-02-27 (valued at $178.67 each, $226,196).
  • To satisfy tax withholding, 67 shares (2/26 vesting) and 361 shares (2/27 vesting) were withheld/disposed (values $12,390 and $64,500 respectively). Net increase to his holdings from these vestings = 1,485 acquired − 428 withheld = 1,057 net shares. These transactions are reported as Awards/Acquisitions (A) and tax-withholding disposals (F).

Key Details

  • Transaction dates and values:
    • 2026-02-26: 219 RSU shares vested @ $184.93 = $40,500 (A); 67 shares withheld for taxes @ $184.93 = $12,390 (F).
    • 2026-02-27: 1,266 RSU shares vested @ $178.67 = $226,196 (A); 361 shares withheld for taxes @ $178.67 = $64,500 (F).
  • Net shares received: +1,057 shares (1,485 vested − 428 withheld).
  • Footnotes of note:
    • F1: The 2/24/2023 grant comprised 50% ROIC PSU and 50% rTSR PSU; ROIC portion earned no shares, rTSR portion fully earned and vested 2/26/2026.
    • F2: The 2/27/2025 grant vests 50% on 2/27/2026 and the remaining 50% on 2/27/2027.
    • F3/F4: The disposals labeled (F) are shares withheld to meet tax liabilities on the respective vesting events (i.e., standard tax withholding, not open‑market sales).
    • F5: The filing references shares held under the Albemarle Savings Plan but the total share count is not provided in the summary data.
  • Filing timeliness: The Form 4 was filed on 2026-03-02 for vestings on 2/26 and 2/27; this filing appears timely under the SEC’s two-business-day rule.

Context

  • These transactions reflect RSU vesting and routine tax withholding (cashless share withholding) rather than open-market purchases or discretionary sales. Vesting awards increase insider holdings and are a standard compensation event; the withheld shares are used solely to cover tax obligations.