Albany International director granted 2,390 stock units
Albany International Corp. director Christina M. Alvord reported an award of 2,390 Deferred Restricted Stock Units (DSUs) granted on May 15, 2026 under the company’s non-employee director compensation plans.
Rhea-AI Filing Summary
Albany International Corp. director Christina M. Alvord reported an award of 2,390 Deferred Restricted Stock Units (DSUs) granted on May 15, 2026 under the company’s non-employee director compensation plans. Each DSU converts into one share of Class A Common Stock upon vesting.
After this grant, Alvord holds 2,792 shares of Class A Common Stock directly and 5,682 DSUs. The 2,390 new DSUs generally vest on the earlier of January 1, 2034, or upon specified events such as death, disability, or a change of ownership control, with alternative vesting terms if she separates from service earlier.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Restricted Stock Units | 2,390 | $0.00 | $0.00 |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (2)
- F1. Deferred Restricted Stock Units ("DSU") granted May 15, 2026 pursuant to the Albany International Corp. Non-Employee Director Compensation Plan under the Albany International Corp. 2023 Long Term Incentive Plan. Each DSU entitles the holder to receive one share of Class A Common Stock at the time of vesting. The reporting person will receive cash dividends on these DSUs, paid by the Issuer in such amount and at such time as periodically declared by its Board of Directors.
- F2. 2,390 Deferred Restricted Stock Units ("DSU") will vest on the earlier of (a) January 1, 2034, or (b) in the event of the reporting person's death or disability, or a change of ownership control of the Company, the effective date of such event. Should the reporting person separate from service prior to the aforementioned date/events,2,390 DSUs will vest as to 20% over a period of five years on each anniversary of the separation date.
Key Figures
Key Terms
Deferred Restricted Stock Units financial
Non-Employee Director Compensation Plan financial
2023 Long Term Incentive Plan financial
change of ownership control financial
separate from service financial
FAQ
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What did Albany International (AIN) director Christina Alvord report in this Form 4/A?
How many Deferred Restricted Stock Units does Christina Alvord hold after this Albany International filing?
When do Christina Alvord’s 2,390 new Albany International DSUs vest?
What does each Deferred Restricted Stock Unit represent for Albany International (AIN) directors?
Is Christina Alvord’s Form 4/A transaction a stock purchase or sale of Albany International shares?
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