Krupa Ander C. 4
Research Summary
AI-generated summary
Albemarle (ALB) General Counsel Krupa Ander Receives Award; Shares Withheld
What Happened
- Krupa Ander, General Counsel & Secretary of Albemarle (ALB), received 173 shares on 2026-02-26 when Performance Stock Units vested (Transaction code A). The reported per-share value used was $184.93, totaling $31,993. Simultaneously, 80 shares were withheld to satisfy tax obligations (code F) at the same $184.93 per share, a withholding value of $14,794.
Key Details
- Transaction dates and prices:
- 02/26/2026 — Award/acquisition: 173 shares @ $184.93 ($31,993).
- 02/26/2026 — Tax withholding (disposition): 80 shares @ $184.93 ($14,794).
- Shares owned after the transaction: not disclosed in the provided filing.
- Footnotes:
- F1: The shares came from Performance Stock Units granted 02/24/2023 (50% ROIC PSUs, 50% rTSR PSUs); all earned shares vested on 02/26/2026.
- F2: 80 shares were withheld to meet tax liabilities associated with the PSU vesting.
- Timeliness: Filing dated 2026-03-02 for a 2026-02-26 event is within the standard two-business-day Form 4 filing window (timely).
Context
- This was a vesting of PSUs (an award converting to shares), not an open-market purchase or a discretionary sale. The withholding of shares to cover taxes is a common, administrative step (not necessarily a market-sale signal). For retail investors, awards vesting show compensation realization by insiders but do not by themselves indicate a buy or sell view of the stock.