Collins Michelle T 4
Research Summary
AI-generated summary
Albemarle Director Michelle Collins Receives 325-Share Award
What Happened
Michelle T. Collins, a director of Albemarle Corporation (ALB), received an award of 325 shares on February 26, 2026. The reported acquisition price is $0.00 (total reported value $0) because this was a stock compensation grant, not an open-market purchase or sale. The shares are a pro rata installment of non-employee director stock compensation and will vest on July 1, 2026.
Key Details
- Transaction date: 2026-02-26; transaction code: A (award/grant).
- Price reported: $0.00 per share; total reported value: $0.
- Vesting: Shares to vest on July 1, 2026 (see footnote).
- Shares owned after transaction: Not specified in the provided filing summary.
- Filing timeliness: Form filed 2026-03-02 — within the required reporting window; not marked late.
- Footnote: Grant is a pro rata annual installment per the Albemarle 2023 Stock Compensation and Deferral Election Plan for Non-Employee Directors, for directors who join after the first day of the compensation year.
Context: This is routine non-employee director compensation rather than a market buy or sale. Such grants are common and do not, by themselves, indicate insider sentiment about the company’s stock.