Lima Cynthia Renee 4
4 · ALBEMARLE CORP · Filed Feb 26, 2026
Research Summary
AI-generated summary of this filing
Albemarle (ALB) SVP Cynthia Lima Withholds Shares for Taxes
What Happened Cynthia Renee Lima, Senior Vice President, External Affairs & Communications at Albemarle Corp (ALB), had 340 shares withheld to satisfy tax liabilities tied to vested Restricted Stock Units (RSUs). The withholding occurred on 2026-02-24 in two dispositions: 196 shares at $186.83 ($36,619) and 144 shares at $186.83 ($26,904), totaling $63,523. These are tax-withholding dispositions (transaction code F), not open-market sales.
Key Details
- Transaction date: 2026-02-24; Filing date: 2026-02-26 (timely).
- Shares withheld: 196 @ $186.83 and 144 @ $186.83 (total 340 shares; total value $63,523).
- Transaction code: F (shares withheld to meet tax liabilities on RSU vesting).
- Holdings update: Filing revises reported holdings to include 4,806 unvested RSUs now reported as beneficially owned for consistency (see footnote F3).
- Exhibits/remarks: EX-24 Power of Attorney included.
Context This was a routine tax-withholding action tied to RSU vesting—essentially a cashless transaction where the company retains shares to cover taxes. Such withholdings are common and do not necessarily signal insider views on the company’s stock.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-02-24$186.83/sh−196$36,619→ 12,703 total - Tax Payment
Common Stock
[F2][F3]2026-02-24$186.83/sh−144$26,904→ 12,559 total
Footnotes (3)
- [F1]Shares withheld to meet tax liabilities associated with vesting of new hire Restricted Stock Units granted on 02/24/2023.
- [F2]Shares withheld to meet tax liabilities associated with vesting of Restricted Stock Units granted on 02/24/2023.
- [F3]This filing reflects an update to the Reporting Person's holdings reported in Table 1, Column 5 of the last Form 4 filed on 3/3/2025. This amount has been revised to include 4,806 unvested RSUs (previously reported in Table 2 on a Form 3 filed on 11/20/2023 and a Form 4 filed on 11/16/2023). Vesting of all RSUs are subject to the terms of the applicable award agreement. RSUs with time-based vesting conditions are being reported in Table 1, Column 5 as beneficially owned for consistency in reporting methodology among reporting persons of the Issuer.