Albany International (AIN) VP logs RSU vesting, new shares and tax withholding

Rhea-AI Filing Summary

Albany International Corp. VP-General Counsel & Secretary Joseph M. Gaug reported multiple equity compensation transactions. On March 1, 2026, he exercised restricted stock units into Class A Common Stock in several lots of 717, 905, and 1,067 shares, following earlier RSU grants from 2023–2025 incentive plans. He also received a separate award of 2,155 Class A shares on February 27, 2026. In connection with these vestings and awards, 1,849 Class A shares were withheld at $57.65 per share to cover tax liabilities, rather than being sold on the open market.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Gaug Joseph M

(Last) (First) (Middle)

C/O ALBANY INTERNATIONAL CORP

325 CORPORATE DRIVE

(Street)

PORTSMOUTH NH 03801

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ALBANY INTERNATIONAL CORP /DE/ [ AIN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	VP-General Counsel & Secretary

3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock								9,645	D
Class A Common Stock(1)	03/01/2026		M		717(1)	A	$0	10,362	D
Class A Common Stock(2)	03/01/2026		M		905(2)	A	$0	11,267	D
Class A Common Stock(3)	03/01/2026		M		1,067(3)	A	$0	12,334	D
Class A Common Stock(4)	02/27/2026		A		2,155(4)	A	$0	14,489	D
Class A Common Stock(5)	03/01/2026		F		1,849(5)	D	$57.65	12,640	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units(6)	(6)	03/01/2026		M			717	03/01/2026(6)(7)	(6)(7)	Class A Common Stock	717	$0(5)	0	D
Restricted Stock Units(8)	(8)	03/01/2026		M			905	03/01/2026(8)(9)	(8)(9)	Class A Common Stock	1,809	$0(7)	904	D
Restricted Stock Units(10)	(10)	03/01/2026		M			1,067	03/01/2026(10)(11)	(10)(11)	Class A Common Stock	3,201	$0(9)	2,134	D
Restricted Stock Units(12)	(12)							03/01/2027(12)(13)	(12)(13)	Class A Common Stock	4,579		4,579	D

Explanation of Responses:

1. Shares distributed pursuant to a vesting of Restricted Stock Units granted February 24, 2023.

2. Shares distributed pursuant to a vesting of Restricted Stock Units granted February 23, 2024.

3. Shares distributed pursuant to a vesting of Restricted Stock Units granted February 21, 2025.

4. Shares distributed pursuant to a Multi-Year Performance Bonus Award made under the Albany International Corp. 2017 Incentive Plan.

5. Shares withheld to satisfy the tax liability in connection with the transaction described in footnotes 1, 2, 3 and 4 above.

6. Restricted Stock Units granted February 24, 2023 pursuant to the Albany International Corp. 2017 Plan. Each Restricted Stock Unit entitles the holder to receive one share of Class A Common Stock at the time of vesting.

7. 708 Restricted Stock Units vest on March 1, 2024; 717 Restricted Stock Units vest on March 1, 2025; and 717 Restricted Stock Units vest on March 1, 2026.

8. Restricted Stock Units granted February 23, 2024 pursuant to the Albany International Corp. 2023 Plan. Each Restricted Stock Unit entitles the holder to receive one share of Class A Common Stock at the time of vesting.

9. 905 Restricted Stock Units vest on March 1, 2025; 905 Restricted Stock Units vest on March 1, 2026; and 904 Restricted Stock Units vest on March 1, 2027.

10. Restricted Stock Units granted February 21, 2025 pursuant to the Albany International Corp. 2023 Plan. Each Restricted Stock Unit entitles the holder to receive one share of Class A Common Stock at the time of vesting.

11. 1067 Restricted Stock Units vest on March 1, 2026; 1067 Restricted Stock Units vest on March 1, 2027; and 1067 Restricted Stock Units vest on March 1, 2028.

12. Restricted Stock Units granted February 27, 2026 pursuant to the Albany International Corp. 2023 Plan. Each Restricted Stock Unit entitles the holder to receive one share of Class A Common Stock at the time of vesting.

13. 1527 Restricted Stock Units vest on March 1, 2027; 1526 Restricted Stock Units vest on March 1, 2028; and 1526 Restricted Stock Units vest on March 1, 2029.

	Cynthia A. SantaBarbara, Attorney-in-Fact	03/03/2026
	** Signature of Reporting Person	Date
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FAQ

What insider transactions did AIN executive Joseph M. Gaug report on this Form 4?

Joseph M. Gaug reported several equity compensation transactions, including exercises of restricted stock units into Class A Common Stock and a new share award. The filing also shows shares withheld to satisfy tax liabilities arising from those vestings and awards, all held under direct ownership.

How many Albany International (AIN) shares were withheld for taxes?

The filing shows that 1,849 shares of Albany International Class A Common Stock were withheld. These shares were used to satisfy tax liabilities tied to multiple restricted stock unit vestings and a performance bonus award, at a price of $57.65 per share.

What types of equity awards does the AIN Form 4 disclose for Joseph M. Gaug?

The Form 4 discloses restricted stock units and a multi-year performance bonus award under Albany International’s 2017 and 2023 incentive plans. Each restricted stock unit entitles the holder to one share of Class A Common Stock at vesting, with detailed vesting schedules over several future years.

Did Joseph M. Gaug buy or sell Albany International (AIN) shares on the open market?

The transactions reflect equity award vestings, RSU conversions, and tax-withholding dispositions, not open-market purchases or sales. Shares were issued from restricted stock units and incentive plans, and some shares were withheld by the company to cover associated tax obligations.

What future vesting schedule is outlined for Joseph M. Gaug’s AIN restricted stock units?

Footnotes describe future vesting tranches, including RSUs vesting on March 1 of 2026, 2027, 2028, and 2029 in various amounts. Each restricted stock unit converts into one Class A share at vesting under Albany International’s 2017 and 2023 incentive plans.

How did Joseph M. Gaug’s direct Class A share holdings in AIN change in this filing?

The report shows increases from RSU conversions and a share award, offset by shares withheld for taxes. After the March 1, 2026 tax-withholding transaction, the total direct Class A Common Stock holdings reported stood at 12,640 shares in Joseph M. Gaug’s name.