Gagarinas Autumn M. 4
Research Summary
AI-generated summary
Albemarle (ALB) CPO Autumn Gagarinas Withholds Shares for Taxes
What Happened
- Autumn M. Gagarinas, Chief People Officer at Albemarle Corporation (ALB), had a total of 566 shares withheld to satisfy tax liabilities tied to vested Restricted Stock Units (RSUs). The filing shows 377 shares withheld at $186.83 each ($70,435) and 189 shares withheld at $186.83 each ($35,311), for a combined value of $105,746. These were dispositions recorded as tax-withholding events, not open-market sales.
Key Details
- Transaction dates: 2026-02-24 (period of report); Form 4 filed: 2026-02-26 (timely filing).
- Prices and amounts: 377 shares @ $186.83 = $70,435; 189 shares @ $186.83 = $35,311; total 566 shares ≈ $105,746.
- Transaction code: F (shares withheld to meet tax liabilities).
- Footnotes: F1/F2 state shares were withheld to meet tax liabilities associated with RSUs granted 2/24/2023.
- Shares owned after transaction: Not specified in the filing.
Context
- This was a routine tax-withholding disposal related to RSU vesting (a common, administrative event). Tax withholding reduces the insider’s issued shares but does not necessarily indicate a deliberate market sale or change in investment view.