Anderson Melissa H. 4
Research Summary
AI-generated summary
Albemarle (ALB) Melissa Anderson Receives Award; Tax Withholding
What Happened
Melissa H. Anderson, Albemarle’s Chief Business Transformation Officer, had 1,129 shares acquired on 2026-02-26 as the vesting of Performance Stock Units (PSUs) at $184.93 per share (total value ≈ $208,786). Simultaneously, 491 shares were withheld to cover tax liabilities associated with the vesting, valued at about $90,801. The award (code A) and the tax withholding (code F) were reported on a Form 4 filed 2026-03-02.
Key Details
- Transaction date: 2026-02-26; filing date: 2026-03-02 (timely within the 2 business-day window).
- Award: 1,129 shares acquired at $184.93 each (total ≈ $208,786).
- Tax withholding: 491 shares withheld/disposed at $184.93 each (total ≈ $90,801).
- Footnotes: PSUs were granted 02/24/2023 (50% ROIC PSUs, 50% relative TSR PSUs) and all earned shares vested 02/26/2026. Shares were withheld to meet tax liabilities.
- Shares owned after the transaction: reported on the Form 4 (footnote reference) — not listed in this summary.
Context
These transactions reflect routine equity compensation vesting (performance-based PSUs) rather than an open-market buy or discretionary sale. The withholding of shares to satisfy taxes is common in such vesting events and does not necessarily signal a change in the insider’s view of the company. Transaction codes: A = award/grant; F = shares withheld for tax liabilities.