Gagarinas Autumn M. 4
Research Summary
AI-generated summary
Albemarle (ALB) CPO Autumn Gagarinas Receives Award (Vested PSUs)
What Happened Autumn M. Gagarinas, Chief People Officer of Albemarle Corp (ALB), had 194 shares delivered upon vesting of performance stock units on 2026-02-26 (an award/acquisition). The grant value was $184.93 per share, totaling $35,876. To cover tax withholding related to the vesting, 85 of those shares were surrendered/withheld at the same price (value $15,719), leaving 109 shares retained by Gagarinas.
Key Details
- Transaction dates: 2026-02-26 (vest/award and shares withheld); Form 4 filed 2026-03-02 (timely).
- Prices: $184.93 per share for both the award and the shares withheld.
- Shares: 194 shares acquired (award); 85 shares withheld for taxes; net 109 shares retained from the vesting.
- Values: ~ $35,876 acquired; ~ $15,719 withheld for taxes.
- Footnotes: These were Performance Stock Units granted 02/24/2023 (50% ROIC PSUs, 50% relative TSR PSUs); all earned shares vested on 02/26/2026. Withheld shares were used to meet tax liabilities.
- Transaction codes: A = Award/Acquisition; F = Shares withheld for tax liability.
- Filing timeliness: Report appears timely (filed within the SEC’s two-business-day window).
Context This was a routine vesting of long-term incentive PSUs, not an open-market purchase or voluntary sale. The withheld shares were used to satisfy tax obligations (a common practice called tax withholding or cashless withholding), so the disposition does not necessarily signal negative sentiment. The filing does not disclose total company-wide holdings for the insider—only the shares delivered and withheld in connection with this vesting event.