Albany International (AIN) CEO records RSU vesting, tax withholding and share grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Albany International Corp. President and CEO Gunnar Kleveland reported multiple equity compensation events. On March 1, 2026, several blocks of Restricted Stock Units vested and were converted into Class A common stock, and some shares were withheld at $57.65 per share to cover tax obligations. On February 27, 2026, he also received a grant of 7,545 Class A shares, and his reported holdings in both Class A stock and Restricted Stock Units were updated to reflect these awards and vestings.
Positive
- None.
Negative
- None.
Insider Trade Summary
18,113 shares exercised/converted
Mixed
12 txns
Insider
Kleveland Gunnar
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,500 | $0.00 | -- |
| Exercise | Restricted Stock Units | 6,786 | $0.00 | -- |
| Exercise | Restricted Stock Units | 3,377 | $0.00 | -- |
| Exercise | Restricted Stock Units | 5,450 | $0.00 | -- |
| Exercise | Class A Common Stock | 2,500 | $0.00 | -- |
| Exercise | Class A Common Stock | 6,786 | $0.00 | -- |
| Exercise | Class A Common Stock | 3,377 | $0.00 | -- |
| Exercise | Class A Common Stock | 5,450 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 7,534 | $57.65 | $434K |
| Grant/Award | Class A Common Stock | 7,545 | $0.00 | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Class A Common Stock — 22,395 shares (Direct)
Footnotes (1)
- Shares distributed pursuant to vesting of Restricted Stock units granted on September 1, 2023. Shares distributed pursuant to vesting of Restricted Stock units granted on September 1, 2023. Shares distributed pursuant to vesting of Restricted Stock units granted on February 23, 2024. Shares distributed pursuant to vesting of Restricted Stock units granted on February 21, 2025. Shares distributed pursuant to a Multi-Year Performance Bonus Award made under the Albany International Corp. 2017 Incentive Plan. Shares withheld to satisfy the tax liability in connection with the transaction described in footnotes 1, 2, 3, 4 and 5 above. Restricted Stock Units granted September 1, 2023 pursuant to the Albany International Corp. 2023 Incentive Plan. Each Restricted Stock Unit entitles the holder to receive one share of Class A Common stock at the time of vesting. 2500 Restricted Stock Units vest on March 1, 2024; 2500 Restricted Stock Units vest on March 1, 2025; and 2500 Restricted Stock Units vest on March 1, 2026. Restricted Stock Units granted September 1, 2023 pursuant to the Albany International Corp. 2023 Incentive Plan. Each Restricted Stock Unit entitles the holder to receive one share of Class A Common stock at the time of vesting. 6786 Restricted Stock Units vest on March 1, 2024; 6786 Restricted Stock Units vest on March 1, 2025; and 6786 Restricted Stock Units vest on March 1, 2026. Restricted Stock Units granted February 23, 2024 pursuant to the Albany International Corp. 2023 Incentive Plan. Each Restricted Stock Unit entitles the holder to receive one share of Class A Common stock at the time of vesting. 3377 Restricted Stock Units vest on March 1, 2025; 3377 Restricted Stock Units vest on March 1, 2026; and 3377 Restricted Stock Units vest on March 1, 2027. Restricted Stock Units granted February 21, 2025 pursuant to the Albany International Corp. 2023 Incentive Plan. Each Restricted Stock Unit entitles the holder to receive one share of Class A Common stock at the time of vesting. 5450 Restricted Stock Units vest on March 1, 2026; 5450 Restricted Stock Units vest on March 1, 2027; and 5449 Restricted Stock Units vest on March 1, 2028. Restricted Stock Units granted February 27, 2026 pursuant to the Albany International Corp. 2023 Incentive Plan. Each Restricted Stock Unit entitles the holder to receive one share of Class A Common stock at the time of vesting. 11,564 Restricted Stock Units vest on March 1, 2027; 11,564 Restricted Stock Units vest on March 1, 2028; and 11,564 Restricted Stock Units vest on March 1, 2029.
FAQ
What insider transactions did AIN President and CEO Gunnar Kleveland report?
Gunnar Kleveland reported several equity compensation events, including RSU vestings converting into Class A common stock and a grant of 7,545 Class A shares. The filing also records shares withheld to satisfy tax obligations tied to these vestings.
Were Gunnar Kleveland’s AIN transactions open-market buys or sells?
The transactions were not open-market buys or sells. They primarily reflect RSU vestings and conversions into Class A common stock, plus shares withheld at $57.65 per share to cover tax liabilities related to these equity awards.
What does the tax-withholding transaction in the AIN Form 4 mean?
One transaction uses code F, meaning shares of Class A common stock were withheld at $57.65 per share to pay tax liabilities. This reduces delivered shares but does not represent an ordinary market sale by the CEO.
What new equity award did Gunnar Kleveland receive from Albany International (AIN)?
On February 27, 2026, Gunnar Kleveland received a grant of 7,545 shares of Class A common stock. This award is in addition to shares delivered from RSU vestings disclosed for March 1, 2026 under the company’s incentive plans.