Albany International (AIN) CEO records RSU vesting, tax withholding and share grant

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.

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

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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^*

Kleveland Gunnar

(Last) (First) (Middle)

C/O ALBANY INTERNATIONAL CORP

325 CORPORATE DRIVE

(Street)

PORTSMOUTH NH 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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President and CEO

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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock								19,895	D
Class A Common Stock(1)	03/01/2026		M		2,500(1)	A	$0	22,395	D
Class A Common Stock(2)	03/01/2026		M		6,786(2)	A	$0	29,181	D
Class A Common Stock(3)	03/01/2026		M		3,377(3)	A	$0	32,558	D
Class A Common Stock(4)	03/01/2026		M		5,450(4)	A	$0	38,008	D
Class A Common Stock(5)	02/27/2026		A		7,545(5)	A	$0	45,553	D
Class A Common Stock(6)	03/01/2026		F		7,534(6)	D	$57.65	38,019	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units(7)	(7)	03/01/2026		M		2,500		03/01/2026(7)(8)	(7)(8)	Class A Common Stock	2,500	$0	0	D
Restricted Stock Units(9)	(9)	03/01/2026		M		6,786		03/01/2026(9)(10)	(9)(10)	Class A Common Stock	6,786	$0	6,786	D
Restricted Stock Units(11)	(11)	03/01/2026		M		3,377		03/01/2025(11)(12)	(11)(12)	Class A Common Stock	6,754	$0	3,377	D
Restricted Stock Units(13)	(13)	03/01/2026		M		5,450		03/01/2026(13)(14)	(13)(14)	Class A Common Stock	16,349	$0	10,899	D
Restricted Stock Units(15)	(15)							03/01/2027(15)(16)	(15)(16)	Class A Common Stock	34,692		34,692	D

Explanation of Responses:

1. Shares distributed pursuant to vesting of Restricted Stock units granted on September 1, 2023.

2. Shares distributed pursuant to vesting of Restricted Stock units granted on September 1, 2023.

3. Shares distributed pursuant to vesting of Restricted Stock units granted on February 23, 2024.

4. Shares distributed pursuant to vesting of Restricted Stock units granted on February 21, 2025.

5. Shares distributed pursuant to a Multi-Year Performance Bonus Award made under the Albany International Corp. 2017 Incentive Plan.

6. Shares withheld to satisfy the tax liability in connection with the transaction described in footnotes 1, 2, 3, 4 and 5 above.

7. 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.

8. 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.

9. 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.

10. 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.

11. 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.

12. 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.

13. 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.

14. 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.

15. 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.

16. 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.

	Cynthia A. SantaBarbara, Attorney-in-Fact	03/03/2026
	** Signature of Reporting Person	Date
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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.

How do the RSU vestings affect Gunnar Kleveland’s AIN share ownership?

RSU vestings convert units into Class A common shares, increasing direct share ownership while reducing RSU balances. The filing shows multiple RSU tranches vesting on March 1, 2026, with corresponding updates to both stock and remaining RSU holdings.