Wolff Alejandro Daniel 4
Research Summary
AI-generated summary
Albemarle (ALB) Director Wolff Acquires Shares via Dividend Reinvestment
What Happened
- Alejandro Daniel Wolff, a director of Albemarle Corporation (ALB), received a series of share acquisitions recorded as "A" (grant/award/acquisition) that were reported as $0 cost. These represent dividend reinvestment purchases rather than open‑market buys or option exercises. The filings show six reinvestment events totaling 206 shares (total reported cash paid = $0).
Key Details
- Individual transactions reported:
- 2023-10-03: 25 shares @ $0.00
- 2024-01-03: 29 shares @ $0.00
- 2024-04-02: 32 shares @ $0.00
- 2024-07-01: 42 shares @ $0.00
- 2024-10-01: 46 shares @ $0.00
- 2026-01-02: 32 shares @ $0.00
- Total acquired: 206 shares; reported acquisition value = $0 (dividend reinvestment).
- Shares owned after the transactions: not disclosed in the provided filing.
- Footnote F1: Transactions represent dividends acquired under an automatic dividend reinvestment program for Company stock.
- Remarks: Exhibit 24 (Power of Attorney) included in the filing.
- Filing date: 2026-03-10; the Form 4 lists transactions from 2023-10-03 through 2026-01-02. The filing itself does not state whether any individual transaction filings were late—consult the SEC filing record for timeliness details.
Context
- Dividend reinvestment is an automatic program that converts cash dividends into additional shares; these are routine and do not represent active market purchases by the insider. Such acquisitions add to insider shareholdings but are generally considered administrative rather than strong bullish signals.