Albany International (AIN) president reports RSU vesting, tax share withholding
Rhea-AI Filing Summary
Albany International executive Christopher Eric Stone, President AEC, reported equity compensation activity in Albany International Corp. Class A Common Stock. On August 12, 2026, 6,905 Restricted Stock Units vested and were converted into 6,905 shares of Class A Common Stock, distributed pursuant to RSUs granted August 12, 2024 under the Albany International Corp. 2023 Plan. In a related transaction on March 1, 2026, 1,975 shares of Class A Common Stock were withheld at $63.84 per share to satisfy tax liabilities connected to this vesting. Stone continues to hold multiple tranches of Restricted Stock Units granted under the same plan, including awards tied to 3,867, 2,301, and 5,521 underlying shares, scheduled to vest in installments between 2025 and 2029.
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Insights
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F3, F4 | 6,905 | $0.00 | $0.00 |
| Exercise | Class A Common Stock F1 | 6,905 | $0.00 | $0.00 |
| holding | Restricted Stock Units F5, F6 | -- | -- | -- |
| holding | Restricted Stock Units F7, F8 | -- | -- | -- |
| holding | Restricted Stock Units F9, F10 | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| Tax Withholding | Class A Common Stock F2 | 1,975 | $63.84 | $126K |
Footnotes (10)
- F1. Shares distributed pursuant to vesting of Restricted Stock Units granted on August 12, 2024.
- F2. Shares withheld to satisfy the tax liability in connection with the transaction described in footnote 1 above.
- F3. Restricted Stock Units granted August 12, 2024 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.
- F4. 6905 Restricted Stock Units vest on August 12, 2025; 6905 Restricted Stock Units vest on August 12, 2026; and 6904 Restricted Stock Units vest on August 12, 2027.
- F5. 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.
- F6. 1289 Restricted Stock Units vest on March 1, 2026; 1289 Restricted Stock Units vest on March 1, 2027; and 1289 Restricted Stock Units vest on March 1, 2028.
- F7. Restricted Stock Units granted August 12, 2024 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.
- F8. 1151 Restricted Stock Units vest on March 1, 2025; 1151 Restricted Stock Units vest on March 1, 2026; and 1150 Restricted Stock Units vest on March 1, 2027.
- F9. Restricted Stock Units granted February 27, 2026 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.
- F10. 1841 Restricted Stock Units vest on March 1, 2027; 1840 Restricted Stock Units vest on March 1, 2028; and 1840 Restricted Stock Units vest on March 1, 2029.
Key Figures
Key Terms
Restricted Stock Units financial
Albany International Corp. 2023 Plan financial
Payment of tax liability by delivering or withholding securities financial
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