Albany SVP Hansen reports equity award vesting

Albany International senior vice president and CTO Robert Alan Hansen reported a series of compensation-related transactions involving phantom stock units and restricted stock units tied to Class A common stock.

Accepted by SEC EDGAR 03/03/2026 - 02:22 PM EST

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Albany International senior vice president and CTO Robert Alan Hansen reported a series of compensation-related transactions involving phantom stock units and restricted stock units tied to Class A common stock. Several blocks of phantom stock units, including 827, 644, 760 and 569 units, automatically vested and were settled in cash, and footnotes clarify that no actual shares were issued or disposed of for those awards.

On the equity side, 377 restricted stock units granted on February 21, 2025 vested into 377 shares of Class A common stock, with 128 shares withheld at a price of $57.65 to cover tax liabilities. Following these transactions, Hansen directly held 8,596 shares of Class A common stock as of February 27, 2026.

Insider Trade Summary

3,177 shares exercised/converted

Exercise 15 txns

Insider Hansen Robert Alan

Role Senior Vice President & CTO

Type	Security	Shares	Price	Value
Exercise	Phantom Stock Units	827	$0.00	$0.00
Exercise	Phantom Stock Units	644	$0.00	$0.00
Exercise	Phantom Stock Units	760	$0.00	$0.00
Exercise	Phantom Stock Units	569	$0.00	$0.00
Exercise	Restricted Stock Units	377	$0.00	$0.00
Exercise	Class A Common Stock	827	$0.00	$0.00
Disposition	Class A Common Stock	827	$57.65	$48K
Exercise	Class A Common Stock	644	$0.00	$0.00
Disposition	Class A Common Stock	644	$57.65	$37K
Exercise	Class A Common Stock	760	$0.00	$0.00
Disposition	Class A Common Stock	760	$57.65	$44K
Exercise	Class A Common Stock	569	$0.00	$0.00
Disposition	Class A Common Stock	569	$57.65	$33K
Exercise	Class A Common Stock	377	$0.00	$0.00
Exercise Price or Tax Liability	Class A Common Stock	128	$57.65	$7K
Holding	Class A Common Stock	--	--	--

Holdings After Transaction: Phantom Stock Units — 1,213 contracts (Direct); Restricted Stock Units — 753 contracts (Direct); Class A Common Stock — 16,983 shares (Direct)

Holdings Before and After: Phantom Stock Units, 4,013 to 1,213 contracts (Direct); Restricted Stock Units, 1,130 to 753 contracts (Direct)

Footnotes (13)

F1. Deemed acquisition and disposition to the issuer of shares of stock underlying Phantom Stock Units upon automatic vesting and cash settlement of such Units (see footnote 6,8, 10 and 12). No shares were actually issued to the reporting person, nor did the reporting person dispose of any shares.
F2. Shares distributed pursuant to vesting of Restricted Stock Units granted on February 21, 2025.
F3. Shares withheld to satisfy the tax liability in connection with the transaction described in footnotes 2 above.
F4. Phantom Stock Units granted on February 24, 2022 pursuant to the Phantom Stock Plan. Each Phantom Stock Unit entitles the holder to receive the cash equivalent of one share of Class A Common Stock at the time of vesting.
F5. 827 Phantom Stock Units will be settled and payable each year on or about March 1, 2022, 2023, 2024, 2025 and 2026.
F6. Phantom Stock Units granted on February 23, 2023 pursuant to the Phantom Stock Plan. Each Phantom Stock Unit entitles the holder to receive the cash equivalent of one share of Class A Common Stock at the time of vesting.
F7. 644 Phantom Stock Units will be settled and payable each year on or about March 1, 2023, 2024, 2025, 2026 and 2027.
F8. Phantom Stock Units granted on February 22, 2024 pursuant to the Phantom Stock Plan. Each Phantom Stock Unit entitles the holder to receive the cash equivalent of one share of Class A Common Stock at the time of vesting.
F9. 761 Phantom Stock Units will be settled and payable each year on or about March 1, 2024; 760 on or about March 1, 2025; and 760 on or about March 1, 2026.
F10. Phantom Stock Units granted on February 21, 2025 pursuant to the Phantom Stock Plan. Each Phantom Stock Unit entitles the holder to receive the cash equivalent of one share of Class A Common Stock at the time of vesting.
F11. 570 Phantom Stock Units will be settled and payable each year on or about March 1, 2025; 569 on or about March 1, 2026; and 569 on or about March 1, 2027.
F12. Restricted Stock Units granted February 21, 2025 pursuant to the Albany International Corp. 2023 Plan. Each Restricted Stock Unit entitles the holder to receive one share of Class A Common Stock at the time of vesting.
F13. 377 Restricted Stock Units vest on March 1, 2026; 377 Restricted Stock Units vest on March 1, 2027; and 377 Restricted Stock Units vest on March 1, 2028.

FAQ

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What did Albany International (AIN) executive Robert Hansen report in this Form 4?

Robert Hansen reported vesting and settlement of phantom stock units and restricted stock units. Most phantom units were cash-settled with no shares issued, while 377 restricted stock units converted into Class A common shares with some withheld for taxes.

Were new Albany International (AIN) shares actually issued to Robert Hansen?

Phantom stock units were settled in cash, and footnotes state no shares were issued or disposed of for those awards. Only 377 restricted stock units resulted in share delivery, with part of that amount withheld to satisfy tax obligations.

How many Albany International (AIN) shares were withheld for Robert Hansen’s taxes?

A total of 128 Class A common shares were withheld at $57.65 per share to cover tax liabilities arising from the vesting of 377 restricted stock units granted on February 21, 2025 and vesting on March 1, 2026.

How many Albany International (AIN) shares does Robert Hansen hold after these transactions?

After the reported vesting and tax-withholding transactions, Robert Hansen directly holds 8,596 shares of Albany International Class A common stock. This figure reflects the net result after distributing vested shares and withholding a portion to satisfy tax obligations.

What are Albany International (AIN) phantom stock units in Robert Hansen’s Form 4?

The phantom stock units are cash-based awards granted under a Phantom Stock Plan. Each unit entitles the holder to receive the cash equivalent of one Class A common share at vesting, rather than actual stock, as described explicitly in the filing footnotes.

Over what period are Robert Hansen’s Albany (AIN) phantom units scheduled to settle?

Phantom units are scheduled to settle annually around March 1 in various tranches. Footnotes describe settlement schedules for blocks of 827, 644, 761/760, and 570/569 units, with payments spanning years including 2025, 2026 and 2027, depending on each grant’s terms.

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SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Hansen Robert Alan

(Last)

(First)

(Middle)

C/O ALBANY INTERNATIONAL CORP

325 CORPORATE DRIVE

(Street)

PORTSMOUTH

03801

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
ALBANY INTERNATIONAL CORP /DE/ [ AIN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Senior Vice President & CTO

3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock								8,387	D
Class A Common Stock⁽¹⁾	03/01/2026		M		827	A	$0⁽¹⁾	827⁽¹⁾	D⁽¹⁾
Class A Common Stock⁽¹⁾	03/01/2026		D		827	D	$57.65	0	D⁽¹⁾
Class A Common Stock⁽¹⁾	03/01/2026		M		644	A	$0⁽¹⁾	644⁽¹⁾	D⁽¹⁾
Class A Common Stock⁽¹⁾	03/01/2026		D		644	D	$57.65	0	D⁽¹⁾
Class A Common Stock⁽¹⁾	03/01/2026		M		760	A	$0⁽¹⁾	760⁽¹⁾	D⁽¹⁾
Class A Common Stock⁽¹⁾	03/01/2026		D		760	D	$57.65	0	D⁽¹⁾
Class A Common Stock⁽¹⁾	03/01/2026		M		569	A	$0⁽¹⁾	569⁽¹⁾	D⁽¹⁾
Class A Common Stock⁽¹⁾	03/01/2026		D		569	D	$57.65	0	D⁽¹⁾
Class A Common Stock⁽²⁾	03/01/2026		M		377	A	$0⁽²⁾	8,724⁽²⁾	D⁽²⁾
Class A Common Stock⁽³⁾	03/01/2026		F		128	D	$57.65⁽³⁾	8,596⁽³⁾	D⁽³⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Phantom Stock Units⁽⁴⁾	⁽⁴⁾	03/01/2026		M			827	03/01/2022⁽⁴⁾⁽⁵⁾	⁽⁴⁾⁽⁵⁾	Class A Common Stock	827	$0⁽⁴⁾	0	D
Phantom Stock Units⁽⁶⁾	⁽⁶⁾	03/01/2026		M			644	03/01/2023⁽⁶⁾⁽⁷⁾	⁽⁶⁾⁽⁷⁾	Class A Common Stock	1,288	$0⁽⁶⁾	644	D
Phantom Stock Units⁽⁸⁾	⁽⁸⁾	03/01/2026		M			760	03/01/2024⁽⁸⁾⁽⁹⁾	⁽⁸⁾⁽⁹⁾	Class A Common Stock	760	$0⁽⁸⁾	0	D
Phantom Stock Units⁽¹⁰⁾	⁽¹⁰⁾	03/01/2026		M			569	03/01/2025⁽¹⁰⁾⁽¹¹⁾	⁽¹⁰⁾⁽¹¹⁾	Class A Common Stock	1,138	$0⁽¹⁰⁾	569	D
Restricted Stock Units⁽¹²⁾	⁽¹²⁾	03/01/2026		M			377	03/01/2026⁽¹²⁾⁽¹³⁾	⁽¹²⁾⁽¹³⁾	Class A Common Stock	1,130	$0⁽¹²⁾	753	D

Explanation of Responses:

1. Deemed acquisition and disposition to the issuer of shares of stock underlying Phantom Stock Units upon automatic vesting and cash settlement of such Units (see footnote 6,8, 10 and 12). No shares were actually issued to the reporting person, nor did the reporting person dispose of any shares.

2. Shares distributed pursuant to vesting of Restricted Stock Units granted on February 21, 2025.

3. Shares withheld to satisfy the tax liability in connection with the transaction described in footnotes 2 above.

4. Phantom Stock Units granted on February 24, 2022 pursuant to the Phantom Stock Plan. Each Phantom Stock Unit entitles the holder to receive the cash equivalent of one share of Class A Common Stock at the time of vesting.

5. 827 Phantom Stock Units will be settled and payable each year on or about March 1, 2022, 2023, 2024, 2025 and 2026.

6. Phantom Stock Units granted on February 23, 2023 pursuant to the Phantom Stock Plan. Each Phantom Stock Unit entitles the holder to receive the cash equivalent of one share of Class A Common Stock at the time of vesting.

7. 644 Phantom Stock Units will be settled and payable each year on or about March 1, 2023, 2024, 2025, 2026 and 2027.

8. Phantom Stock Units granted on February 22, 2024 pursuant to the Phantom Stock Plan. Each Phantom Stock Unit entitles the holder to receive the cash equivalent of one share of Class A Common Stock at the time of vesting.

9. 761 Phantom Stock Units will be settled and payable each year on or about March 1, 2024; 760 on or about March 1, 2025; and 760 on or about March 1, 2026.

10. Phantom Stock Units granted on February 21, 2025 pursuant to the Phantom Stock Plan. Each Phantom Stock Unit entitles the holder to receive the cash equivalent of one share of Class A Common Stock at the time of vesting.

11. 570 Phantom Stock Units will be settled and payable each year on or about March 1, 2025; 569 on or about March 1, 2026; and 569 on or about March 1, 2027.

12. Restricted Stock Units granted February 21, 2025 pursuant to the Albany International Corp. 2023 Plan. Each Restricted Stock Unit entitles the holder to receive one share of Class A Common Stock at the time of vesting.

13. 377 Restricted Stock Units vest on March 1, 2026; 377 Restricted Stock Units vest on March 1, 2027; and 377 Restricted Stock Units vest on March 1, 2028.

	Cynthia A. SantaBarbara, Attorney-in-Fact	03/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR