Albany International (AIN) CFO logs RSU vesting and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Albany International Executive Vice President and CFO Willard C. Station reported equity award activity. On March 1, 2026, 2,124 Restricted Stock Units converted into the same number of Class A shares, while 600 shares were withheld at $57.65 per share to cover taxes. Following these transactions, he directly owned 1,524 Class A shares and 4,246 Restricted Stock Units. Footnotes show additional RSU awards granted in 2025 and 2026 that vest annually from 2026 through 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,124 shares exercised/converted
Mixed
6 txns
Insider
Station Willard C
Role
Executive Vice President - CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,124 | $0.00 | -- |
| Exercise | Class A Common Stock | 2,124 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 600 | $57.65 | $35K |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 4,246 shares (Direct);
Class A Common Stock — 2,124 shares (Direct)
Footnotes (1)
- Shares distributed pursuant to vesting of Restricted Stock units granted September 2, 2025. Shares withheld to satisfy the tax liability in connection with the transaction described in footnote 1 above. Restricted Stock Units granted September 2, 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. 10,599 Restricted Stock Units vest on September 1, 2026; 10,599 Restricted Stock Units vest on September 1, 2027; and 10,920 Restricted Stock Units vest on September 1, 2028. Restricted Stock Units granted September 2, 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. 2123 Restricted Stock Units vest on March 1, 2026; 2124 Restricted Stock Units vest on March 1, 2027; and 2123 Restricted Stock Units vest on March 1, 2028. 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. 3008 Restricted Stock Units vest on March 1, 2027; 3008 Restricted Stock Units vest on March 1, 2028; and 3007 Restricted Stock Units vest on March 1, 2029.
FAQ
What insider activity did Albany International (AIN) report for Willard C. Station?
Albany International reported RSU-related activity for CFO Willard C. Station. On March 1, 2026, 2,124 Restricted Stock Units converted into Class A shares, with 600 shares withheld to cover tax obligations tied to the vesting transaction.
What tax-withholding transaction did Albany International (AIN) disclose for its CFO?
The filing discloses a tax-withholding disposition of 600 Class A shares at $57.65 per share. These shares were withheld to satisfy tax liabilities arising from the March 1, 2026 RSU vesting, rather than representing an open-market sale of stock.
What future RSU vesting schedule is shown for Albany International (AIN) CFO awards?
Footnotes describe multiple RSU tranches vesting annually through 2029. Awards granted in 2025 vest in equal portions on September 1 of 2026, 2027, and 2028, while separate grants vest on March 1 of 2026, 2027, 2028, and 2029 under the 2023 plan.
Does this Albany International (AIN) Form 4 show open-market stock sales by the CFO?
The Form 4 reflects RSU conversions and tax withholding, not open-market trades. Transactions use codes for derivative exercise/conversion and payment of tax liability by delivering shares, indicating equity award administration rather than discretionary buying or selling.