Albany International director granted 2,390 DSUs
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.
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.
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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 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 ("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
Key Terms
Deferred Restricted Stock Units financial
Non-Employee Director Compensation Plan financial
2023 Long Term Incentive Plan financial
change of ownership control financial
FAQ
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What insider transaction did Albany International (AIN) report for Christina M. Alvord?
How many Deferred Restricted Stock Units did the AIN director hold after this grant?
When do the 2,390 DSUs granted to the Albany International director vest?
Does the Albany International director receive dividends on the granted DSUs?
What underlying security is linked to the director’s DSUs at Albany International (AIN)?
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