Albany International director granted 2,390 DSUs
PLOURDE KATHARINE reported acquisition or exercise transactions in this Form 4 filing.
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
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Restricted Stock Units | 2,390 | $0.00 | $0.00 |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (2)
- F1. 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.
- F2. 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
Key Terms
Deferred Restricted Stock Units financial
Non-Employee Director Deferred Compensation Plan financial
Long Term Incentive Plan financial
cash dividends financial
FAQ
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What insider transaction did Katharine Plourde report for Albany International (AIN)?
How many Deferred Restricted Stock Units did Katharine Plourde receive in this AIN Form 4?
When do Katharine Plourde’s 2,390 Albany International DSUs vest?
Does Katharine Plourde receive dividends on her Albany International DSUs?
What are Katharine Plourde’s Albany International holdings after this DSU grant?
Is Katharine Plourde’s AIN Form 4 transaction a buy or sell in the market?
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