Albany International (AIN) awards 2,390 deferred stock units to director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Albany International Corp. director Christina M. Alvord received a grant of 2,390 Deferred Restricted Stock Units (DSUs) on May 15, 2026 under the company’s Non-Employee Director Compensation Plan. Each DSU will convert into one share of Class A Common Stock at vesting, and the company will pay cash dividends on these DSUs as declared by the Board. The DSUs vest on the earlier of January 1, 2034, the director’s death or disability, or a change of ownership control, with 1,953 DSUs eligible to vest 20% annually over five years if she separates from service earlier. After this grant, she directly holds 5,682 DSUs and 2,792 Class A Common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Alvord Christina M
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 — 5,682 shares (Direct, null);
Class A Common Stock — 2,792 shares (Direct, null)
Footnotes (1)
- Deferred Restricted Stock Units ("DSU") granted May 15, 2026 pursuant to the Albany International Corp. Non-Employee Director 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 ("DSU") will vest on the earlier of (a) January 1, 2034, or (b) in the event of the reporting person's death or disability, or a change of ownership control of the Company, the effective date of such event. Should the reporting person separate from service prior to the aforementioned date/events,1,953 DSUs will vest as to 20% over a period of five years on each anniversary of the separation date.
Key Figures
DSUs granted: 2,390 units
DSUs after grant: 5,682 units
Common shares held: 2,792 shares
+3 more
6 metrics
DSUs granted
2,390 units
Deferred Restricted Stock Units granted on May 15, 2026
DSUs after grant
5,682 units
Total Deferred Restricted Stock Units held after transaction
Common shares held
2,792 shares
Class A Common Stock directly owned after transaction
Vesting date
January 1, 2034
Primary vesting date for 2,390 DSUs, subject to earlier events
Early separation vesting pool
1,953 units
DSUs vesting 20% annually over five years after separation
Vesting rate on separation
20% per year
Annual vesting for 1,953 DSUs over five years after separation
Key Terms
Deferred Restricted Stock Units, Non-Employee Director Compensation Plan, 2023 Long Term Incentive Plan, change of ownership control
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 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 Compensation Plan financial
"granted May 15, 2026 pursuant to the Albany International Corp. Non-Employee Director Compensation Plan"
2023 Long Term Incentive Plan financial
"under the Albany International Corp. 2023 Long Term Incentive Plan"
change of ownership control financial
"in the event of the reporting person's death or disability, or a change of ownership control of the Company"
FAQ
What insider transaction did Albany International (AIN) report for Christina M. Alvord?
Albany International reported a grant of 2,390 Deferred Restricted Stock Units to director Christina M. Alvord. These DSUs are part of the Non-Employee Director Compensation Plan and will convert into Class A Common Stock when they vest.
How many Deferred Restricted Stock Units did the AIN director hold after this grant?
After the grant, Christina M. Alvord held 5,682 Deferred Restricted Stock Units in total. These DSUs represent future rights to receive Class A Common Stock, subject to the vesting conditions outlined in the company’s long-term incentive plan.
When do the 2,390 DSUs granted to the Albany International director vest?
The 2,390 DSUs vest on the earlier of January 1, 2034, the director’s death or disability, or a change of ownership control. If she leaves earlier, 1,953 DSUs vest 20% annually over five years from her separation date.
Does the Albany International director receive dividends on the granted DSUs?
Yes. The director will receive cash dividends on the DSUs, paid by Albany International. These dividends are paid in the same amounts and timing as dividends periodically declared on Class A Common Stock by the company’s Board of Directors.
What underlying security is linked to the director’s DSUs at Albany International (AIN)?
Each Deferred Restricted Stock Unit entitles the holder to receive one share of Albany International’s Class A Common Stock at vesting. The 2,390 DSUs therefore correspond to 2,390 underlying shares, subject to the plan’s vesting conditions.