Norris Eric 4

What Happened

• Eric Norris, Chief Commercial Officer of Albemarle Corp (ALB), received 1,806 shares on 2026-02-26 as the vesting/payment of performance stock units (PSUs), valued at $184.93 per share ($333,984 total). Simultaneously, 785 shares were withheld/disposed to cover tax liabilities at the same per-share value ($145,170).
• Net shares delivered to Norris from this vesting: 1,021 shares (1,806 granted minus 785 withheld). This is an award/vesting event rather than an open-market purchase or voluntary sale.

Key Details

• Transaction dates: 2026-02-26; Form 4 filed 2026-03-02.
• Prices and values: Acquisition (A) 1,806 shares @ $184.93 = $333,984; Withholding/tax payment (F) 785 shares @ $184.93 = $145,170.
• Shares owned after transaction: not reported on the provided filing (filing shows the grant and tax withholding only).
• Footnotes: F1 — PSUs were originally granted 02/24/2023 (50% ROIC PSUs, 50% rTSR PSUs); all earned shares vested 02/26/2026. F2 — 785 shares were withheld to satisfy tax liabilities associated with the vesting.
• Transaction codes: A = Award/Acquisition (vesting of PSUs); F = Tax withholding/disposition (routine).

Context

• This was a routine vesting of performance-based restricted stock (PSUs), not an open-market purchase or sale that signals a trading decision. The withheld shares were used to cover taxes (a common administrative step) rather than a market sale by the insider.