Albany International (AIN) director receives 2,390 deferred stock units in equity award
Filing Impact
Filing Sentiment
Form Type
4/A
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Alvord Christina M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Restricted Stock Units | 2,390 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Deferred Restricted Stock Units — 5,682 shares (Direct, null);
Class A Common Stock — 2,792 shares (Direct, null)
Footnotes (1)
- 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. 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
DSUs granted: 2,390 units
DSUs after grant: 5,682 units
Common shares held: 2,792 shares
+2 more
5 metrics
DSUs granted
2,390 units
Deferred Restricted Stock Units granted May 15, 2026
DSUs after grant
5,682 units
Total Deferred Restricted Stock Units held after transaction
Common shares held
2,792 shares
Class A Common Stock directly owned after transaction
DSU vesting date
January 1, 2034
Earliest standard vesting date for 2,390 DSUs
Alternative vesting schedule
20% per year over 5 years
If separation from service occurs before primary vesting events
Key Terms
Deferred Restricted Stock Units, Non-Employee Director Compensation Plan, 2023 Long Term Incentive Plan, change of ownership control, +1 more
5 terms
Deferred Restricted Stock Units financial
"Deferred Restricted Stock Units ("DSU") granted May 15, 2026 pursuant to the Albany International Corp. Non-Employee Director Compensation Plan"
Deferred restricted stock units are promises by a company to give employees or executives company shares at a future date, subject to conditions like continued employment or performance targets; the delivery and tax event are intentionally delayed. They matter to investors because they affect when new shares may be issued and how executives are motivated—like a paycheck held in escrow that vests over time, influencing potential share dilution and management behavior.
Non-Employee Director Compensation Plan financial
"pursuant to the Albany International Corp. Non-Employee Director Compensation Plan under the Albany International Corp. 2023 Long Term Incentive Plan"
2023 Long Term Incentive Plan financial
"under the Albany International Corp. 2023 Long Term Incentive Plan"
change of ownership control financial
"in the event of the reporting person's death or disability, or a change of ownership control of the Company"
separate from service financial
"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"
FAQ
What did Albany International (AIN) director Christina Alvord report in this Form 4/A?
Christina M. Alvord reported receiving 2,390 Deferred Restricted Stock Units on May 15, 2026. These units are part of Albany International’s non-employee director compensation framework and represent a stock-based award rather than an open-market purchase or sale.
How many Deferred Restricted Stock Units does Christina Alvord hold after this Albany International filing?
After the reported award, Christina Alvord holds 5,682 Deferred Restricted Stock Units. These units are linked to Class A Common Stock and will convert into shares upon vesting, aligning her compensation with Albany International’s long-term performance.
When do Christina Alvord’s 2,390 new Albany International DSUs vest?
The 2,390 new DSUs vest on the earlier of January 1, 2034, or upon death, disability, or a change of ownership control. If she leaves the board earlier, vesting occurs 20% per year over five years from the separation anniversary.
What does each Deferred Restricted Stock Unit represent for Albany International (AIN) directors?
Each Deferred Restricted Stock Unit entitles the holder to receive one share of Albany International Class A Common Stock upon vesting. Holders also receive cash dividends on these DSUs in amounts and timing that match dividends declared by the company’s board.
Is Christina Alvord’s Form 4/A transaction a stock purchase or sale of Albany International shares?
The reported activity is a grant of Deferred Restricted Stock Units, not an open-market purchase or sale. It is a compensation-related equity award, with no buy or sell transactions in Albany International stock reported in this particular filing.