Collins Michelle T 4
Research Summary
AI-generated summary
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.