STOCK TITAN

Albany International (AIN) president logs stock unit vesting and tax share withholding

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Albany International Corp. President MC Merle A. Stein reported multiple equity-related transactions. Several Phantom Stock Units vested and were settled in cash, and a footnote clarifies these were deemed acquisitions and dispositions with no actual shares issued or disposed of.

Restricted Stock Units granted on September 1, 2024 and February 21, 2025 vested into Class A Common Stock. To cover related tax liabilities, 656 shares of Class A Common Stock were withheld at $57.6500 per share and delivered to the issuer.

Footnotes detail additional Phantom Stock Unit and Restricted Stock Unit grant schedules extending through March 1, 2029. As of February 27, 2026, Stein directly held 4,996 Restricted Stock Units and 509 shares of Class A Common Stock.

Positive

  • None.

Negative

  • None.
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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
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*
Stein Merle A

(Last) (First) (Middle)
C/O ALBANY INTERNATIONAL CORP
216 AIRPORT DRIVE

(Street)
ROCHESTER NH 03867

(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)
President MC
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 509 D
Class A Common Stock(1) 03/01/2026 M 360 A $0 360(1) D(1)
Class A Common Stock(1) 03/01/2026 D 360 D $57.65 360 D(1)
Class A Common Stock(1) 03/01/2026 M 302 A $0 302(1) D(1)
Class A Common Stock(1) 03/01/2026 D 302 D $57.65 302 D(1)
Class A Common Stock(1) 03/01/2026 M 651 A $0 651(1) D(1)
Class A Common Stock(1) 03/01/2026 D 651 D $57.65 651 D(1)
Class A Common Stock(1) 03/01/2026 M 522 A $0 522(1) D(1)
Class A Common Stock(1) 03/01/2026 D 521 D $57.65 521 D(1)
Class A Common Stock(2) 03/01/2026 M 779(2) A $0 1,288 D
Class A Common Stock(3) 03/01/2026 M 1,127(3) A $0 2,415 D
Class A Common Stock(4) 03/01/2026 F 656(4) D $57.65 1,759 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
Phantom Stock Units(5) (5) 03/01/2026 M 360 03/01/2022(5)(6) (5)(6) Class A Common Stock 360 $0(5) 0 D
Phantom Stock Units(7) (7) 03/01/2026 M 302 03/01/2023(7)(8) (7)(8) Class A Common Stock 604 $0(7) 302 D
Phantom Stock Units(9) (9) 03/01/2026 M 651 03/01/2024(9)(10) (9)(10) Class A Common Stock 651 $0(9) 0 D
Phantom Stock Units(11) (11) 03/01/2026 M 521 03/01/2025(11)(12) (11)(12) Class A Common Stock 1,042 $0(11) 521 D
Restricted Stock Units(13) (13) 03/01/2026 M 779 03/01/2025(13)(14) (13)(14) Class A Common Stock 1,557 $0(13) 778 D
Restricted Stock Units(15) (15) 03/01/2026 M 1,127 03/01/2026(15)(16) (15)(16) Class A Common Stock 3,379 $0(15) 2,252 D
Restricted Stock Units(17) (17) 03/01/2027(17)(18) (17)(18) Class A Common Stock 4,996 4,996 D
Explanation of Responses:
1. Deemed acquisition and disposition to the issuer of shares of stock underlying Phantom Stock Units upon automatic vesting and cash settlement of such units (see footnotes 4, 6, 8 and 10). No shares were actually issued to the reporting person, nor did the reporting person dispose of any shares.
2. Shares distributed pursuant to vesting of Restricted Stock Units granted on September 1, 2024.
3. Shares distributed pursuant to vesting of Restricted Stock Units granted on February 21, 2025.
4. Shares withheld to satisfy the tax liability in connection with the transaction described in footnotes 2 and 3 above.
5. Phantom Stock Units granted on February 25, 2022 pursuant to the Phantom Stock Unit Plan. Each Phantom Stock Unit entitles the holder to receive the cash equivalent of one share of Class A Common Stock at the time of vesting.
6. 360 Phantom Stock Units will be payable each year on or about March 1, 2022; 360 on March 1, 2023; 360 on March 1, 2024; 360 on March 1, 2025; and 360 on March 1, 2026.
7. Phantom Stock Units granted on February 24, 2023 pursuant to the Phantom Stock Unit Plan. Each Phantom Stock Unit entitles the holder to receive the cash equivalent of one share of Class A Common Stock at the time of vesting.
8. 302 Phantom Stock Units will be payable on or about March 1, 2023; 302 on March 1, 2024; 302 on March 1, 2025; 302 on March 1, 2026; and 360 on March 1, 2027.
9. Phantom Stock Units granted on February 23, 2024 pursuant to the Phantom Stock Unit Plan. Each Phantom Stock Unit entitles the holder to receive the cash equivalent of one share of Class A Common Stock at the time of vesting.
10. 652 Phantom Stock Units will be settled and payable on or about March 1, 2024; 652 on or about March 1, 2025; and 651 on or about March 1, 2026.
11. Phantom Stock Units granted on February 21, 2025 pursuant to the Phantom Stock Unit Plan. Each Phantom Stock Unit entitles the holder to receive the cash equivalent of one share of Class A Common Stock at the time of vesting.
12. 522 Phantom Stock Units will be settled and payable on or about March 1, 2025; 521 on or about March 1, 2025; and 521 on or about March 1, 2026.
13. Restricted Stock Units granted September 1, 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.
14. 779 Restricted Stock Units vest on March 1, 2025; 779 Restricted Stock Units vest on March 1, 2026; and 778 Restricted Stock Units vest on March 1, 2027.
15. 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.
16. 1127 Restricted Stock Units vest on March 1, 2026; 1126 Restricted Stock Units vest on March 1, 2027; and 1126 Restricted Stock Units vest on March 1, 2028.
17. 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.
18. 1666 Restricted Stock Units vest on March 1, 2027; 1665 Restricted Stock Units vest on March 1, 2028; and 1665 Restricted Stock Units vest on March 1, 2029.
Cynthia A. SantaBarbara, Attorney-in-Fact 03/03/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did Albany International (AIN) report for Merle A. Stein?

Merle A. Stein reported vesting of Phantom Stock Units settled in cash and Restricted Stock Units converting into Class A Common Stock. Some shares were withheld and delivered to the issuer to satisfy tax liabilities related to these vesting events and equity awards.

Were any actual shares issued or sold in the Phantom Stock Unit transactions at AIN?

No actual shares were issued or sold in the Phantom Stock Unit activity. A footnote states these were deemed acquisitions and dispositions to the issuer upon automatic vesting and cash settlement, meaning Stein received the cash equivalent rather than Class A Common Stock shares.

How many Albany International shares were withheld for taxes in this Form 4?

The filing shows that 656 shares of Albany International Class A Common Stock were withheld and delivered to the issuer at $57.6500 per share. This withholding satisfied Stein’s tax liability tied to the vesting of certain Restricted Stock Unit awards.

What equity awards for Merle A. Stein at AIN have future vesting dates?

Footnotes describe Phantom Stock Units and Restricted Stock Units with scheduled vesting and settlement dates through March 1, 2029. These awards generally convert into either cash equivalents or Class A Common Stock, depending on the specific plan and award type described in the footnotes.

What are Merle A. Stein’s reported holdings after these AIN transactions?

As of February 27, 2026, Stein directly held 4,996 Restricted Stock Units and 509 shares of Albany International Class A Common Stock. These figures reflect the impact of the reported vesting, cash settlements, and tax-withholding share dispositions in the Form 4.

How are Albany International Phantom Stock Units structured in this Form 4?

The Phantom Stock Units entitle Stein to receive the cash equivalent of one share of Class A Common Stock at vesting. Footnotes specify grant dates and installment schedules, with units payable on or about various March 1 dates between 2022 and 2027, and separate later grants in 2024 and 2025.
Albany Intl Corp

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Textile Manufacturing
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