Collins Michelle T 4
4 · ALBEMARLE CORP · Filed Jul 6, 2026
Research Summary
AI-generated summary of this filing
Albemarle (ALB) Director Michelle T. Collins Receives Stock Award
What Happened
Michelle T. Collins, a non-employee director of Albemarle Corporation (ALB), was granted a total of 1,252 shares on July 1, 2026. The filing shows two awards: 1,250 shares issued as an annual installment of director stock compensation and 2 shares issued as dividend shares related to a prior award. Both entries report an acquisition price of $0.00 (i.e., stock awards/settlements rather than cash purchases).
Key Details
- Transaction date: July 1, 2026. Report filed July 6, 2026 (see timeliness note below).
- Shares and price: 1,250 shares @ $0.00 (award); 2 shares @ $0.00 (dividend settlement). Total newly acquired shares = 1,252.
- Vesting: The 1,250-share award is an annual installment under the 2023 Directors Plan and is scheduled to vest on July 1, 2027 (Footnote F1).
- Dividend shares: The 2 shares represent dividends accrued on an award granted Feb 26, 2026 that vested on July 1, 2026 and were settled in shares under the plan (Footnote F2).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Timeliness: Filing date is July 6, 2026 for a July 1 transaction. The supplied data does not include a late-filing flag; insider reports are generally due within two business days, so review the full SEC filing for any timeliness disclosures.
Context
These entries are director compensation and dividend settlements, not open-market purchases or sales by the director. Such awards are routine for non-employee directors and reflect pay/settlement practices rather than an explicit buy/sell signal about the company’s near-term prospects.
Insider Transaction Report
- Award
Common Stock
[F1]2026-07-01+1,250→ 1,575 total - Award
Common Stock
[F2]2026-07-01+2→ 1,577 total
Footnotes (2)
- [F1]Shares represent an annual installment of non-employee director stock compensation pursuant to the 2023 Stock Compensation and Deferral Election Plan for Non-Employee Directors of Albemarle Corporation (the "2023 Directors Plan"). Shares to vest on July 1, 2027.
- [F2]Represents dividends accrued on shares underlying an award granted on February 26, 2026, that vested in full on July 1, 2026, which the Issuer elected to settle in shares of common stock under the 2023 Directors Plan.