Norris Eric 4

What Happened Eric Norris, Chief Commercial Officer of Albemarle Corp (ALB), had 887 shares withheld to satisfy tax liabilities tied to the vesting of restricted stock units (RSUs). The filing shows those 887 shares were “disposed” at a reported per-share value of $186.83, totaling approximately $165,718. This was a tax-withholding disposition tied to RSU vesting, not an open-market sale or a purchase.

Key Details

• Transaction date: 2026-02-24; Form 4 filed: 2026-02-26.
• Disposition: 887 shares withheld at $186.83 per share; total value ≈ $165,718.
• Transaction code: F (shares withheld to meet tax liabilities). Footnote F1: withheld to meet tax liabilities for RSUs granted 02/24/2023.
• Shares owned after transaction: not specified in this filing.
• Remarks: EX-24 (Power of Attorney) included in filing.
• Filing timeliness: Form filed two days after the transaction date; no late-filing flag noted in the report.

Context Tax-withholding by the company is a routine administrative step when RSUs vest: instead of paying cash, the company retains (withholds) a portion of shares to cover withholding taxes. These actions are not purchases and generally do not signal insider sentiment about the company's stock.