Anderson Melissa H. 4
Research Summary
AI-generated summary
Albemarle (ALB) Melissa Anderson Withholds 565 Shares for Taxes
What Happened
- Melissa H. Anderson, Chief Business Transformation Officer at Albemarle Corporation (ALB), had 565 shares withheld to satisfy tax liabilities related to vested restricted stock units (RSUs). The shares were valued at $186.83 each, for a total of approximately $105,559. This was a tax-withholding disposal, not an open-market sale.
Key Details
- Transaction date: 2026-02-24; Filing date: 2026-02-26 (timely).
- Price per share: $186.83; Total value of shares withheld: ~$105,559.
- Transaction code: F — shares withheld to meet tax liabilities on vesting.
- Shares owned after transaction: Not specified in this Form 4 (footnote F2 refers to total shares held in the Albemarle Savings Plan but does not state the amount).
- Footnotes: F1 confirms shares were withheld to meet taxes on RSUs granted 2/24/2023; F2 references savings-plan holdings. Remarks include a Power of Attorney exhibit (EX-24).
Context
- This was a routine tax-withholding event tied to RSU vesting (a common administrative transaction) and does not necessarily indicate insider sentiment about the stock. Unlike open-market sales, withheld shares are used solely to satisfy tax obligations.