Albany International director receives 1,195-share stock grant
Murphy Mark J. reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Murphy Mark J. reported acquisition or exercise transactions in this Form 4 filing.
Albany International Corp. director Mark J. Murphy received a grant of 1,195 shares of Class A Common Stock as part of his board compensation. The shares were distributed under the Directors' Annual Retainer Plan and carried no purchase price. Following this award, Murphy directly owns 13,745 shares of Albany International common stock.
Positive
- None.
Negative
- None.
Insights
Routine director stock grant modestly increases equity alignment.
Director Mark J. Murphy received 1,195 shares of Albany International Class A Common Stock as a grant with a per-share price of $0.0000. The footnote explains this distribution came from the Directors' Annual Retainer Plan, indicating it is standard board compensation.
After the grant, Murphy directly holds 13,745 shares, according to the filing. As this is a non-market, compensation-related acquisition rather than an open-market purchase or sale, it generally carries a weaker signaling effect about views on the stock and appears to be a routine governance practice.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 1,195 | $0.00 | $0.00 |
Footnotes (1)
- F1. Shares distributed pursuant to the Directors' Annual Retainer Plan.
Key Figures
Key Terms
Class A Common Stock financial
Directors' Annual Retainer Plan financial
Form 4 regulatory
FAQ
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What did Albany International (AIN) director Mark J. Murphy report in this Form 4?
Was Mark J. Murphy’s Albany International (AIN) transaction a stock purchase or a grant?
Does Mark J. Murphy’s Form 4 for Albany International (AIN) indicate any stock sales?
AI-generated analysis. How Rhea-AI works. Not financial advice.