Albany International (AIN) director receives 2,390 deferred stock units in equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PLOURDE KATHARINE reported acquisition or exercise transactions in this Form 4 filing.
Albany International Corp. director Katharine Plourde reported a compensation-related equity grant rather than an open-market trade. She received 2,390 Deferred Restricted Stock Units (DSUs) on Class A Common Stock under the company’s non-employee director deferred compensation plan.
Each DSU represents the right to receive one share of Class A Common Stock upon vesting. According to the terms, the 2,390 DSUs will vest on the earlier of January 1, 2029, or Ms. Plourde’s death. She will receive cash dividends on these DSUs in amounts and at times declared by the Board.
Following this award, Ms. Plourde holds 5,862 DSUs directly and 15,969 shares of Class A Common Stock directly. The filing reflects ongoing board compensation rather than a change in her economic exposure through discretionary buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
PLOURDE KATHARINE
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 — 5,862 shares (Direct, null);
Class A Common Stock — 15,969 shares (Direct, null)
Footnotes (1)
- Deferred Restricted Stock Units ("DSU") granted May 15, 2026 pursuant to the Albany International Corp. Non-Employee Director Deferred 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 will vest on the earlier of (a) January 1, 2029, or (b) the death of the reporting person.
Key Figures
Deferred Restricted Stock Units granted: 2,390 units
DSU vesting date: January 1, 2029
DSUs after transaction: 5,862 units
+2 more
5 metrics
Deferred Restricted Stock Units granted
2,390 units
DSU grant to director on May 15, 2026
DSU vesting date
January 1, 2029
Earlier of this date or death for vesting
DSUs after transaction
5,862 units
Total Deferred Restricted Stock Units held directly after grant
Common shares held
15,969 shares
Class A Common Stock directly held after reported transactions
DSU exercise price
$0.00 per unit
Conversion or exercise price for DSUs into Class A shares
Key Terms
Deferred Restricted Stock Units, Non-Employee Director Deferred Compensation Plan, Long Term Incentive Plan, cash dividends
4 terms
Deferred Restricted Stock Units financial
"Deferred Restricted Stock Units ("DSU") granted May 15, 2026 pursuant to the Albany International Corp. Non-Employee Director Deferred 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 Deferred Compensation Plan financial
"granted May 15, 2026 pursuant to the Albany International Corp. Non-Employee Director Deferred Compensation Plan"
Long Term Incentive Plan financial
"Non-Employee Director Deferred Compensation Plan under the Albany International Corp. 2023 Long Term Incentive Plan"
A long term incentive plan is a company program that awards executives and key employees bonuses—often in stock, options, or cash—only if the business meets multi-year performance goals. It links management pay to company results—like tying a coach’s bonus to a team’s multi-season record—so investors monitor it for how leaders are motivated, potential share dilution, and signals about the company’s long-term priorities.
cash dividends financial
"The reporting person will receive cash dividends on these DSUs, paid by the Issuer in such amount and at such time as periodically declared"
FAQ
What insider transaction did Katharine Plourde report for Albany International (AIN)?
Katharine Plourde reported receiving 2,390 Deferred Restricted Stock Units as a compensation award, not an open-market trade. These DSUs are tied to Class A Common Stock and increase her equity-based exposure while leaving her existing 15,969 directly held shares unchanged.
How many Deferred Restricted Stock Units did Katharine Plourde receive in this AIN Form 4?
She received 2,390 Deferred Restricted Stock Units, each linked to one share of Class A Common Stock. This grant is part of Albany International’s non-employee director deferred compensation plan under the 2023 Long Term Incentive Plan, expanding her stock-based compensation position.
When do Katharine Plourde’s 2,390 Albany International DSUs vest?
The 2,390 DSUs vest on the earlier of January 1, 2029, or Katharine Plourde’s death. Upon vesting, each DSU entitles her to receive one share of Albany International Class A Common Stock, converting the deferred award into actual shares.
Does Katharine Plourde receive dividends on her Albany International DSUs?
Yes. She will receive cash dividends on the DSUs in amounts and at times declared by Albany International’s Board. These dividend payments mirror dividends on Class A Common Stock, providing current cash flows despite the DSUs being a deferred equity award.
What are Katharine Plourde’s Albany International holdings after this DSU grant?
After the grant, she directly holds 15,969 shares of Class A Common Stock and 5,862 Deferred Restricted Stock Units. The DSUs are derivative awards that will convert into shares at vesting, increasing her future stock ownership if she remains entitled to them.
Is Katharine Plourde’s AIN Form 4 transaction a buy or sell in the market?
No. The filing shows a grant of 2,390 DSUs as compensation, coded as an acquisition (A), not a market purchase or sale. There are no open-market buy or sell transactions reported in this Form 4, indicating a routine director equity award.