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Albany International (AIN) Form 4 Discloses 38,488 RSU Grant to CFO

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

Rhea-AI Filing Summary

Albany International Corp. reporting person Willard C. Station, Executive Vice President and CFO, was granted a total of 38,488 Restricted Stock Units (RSUs) on 09/02/2025 under the 2023 Plan. The grant comprises 32,118 RSUs with staged vesting on 09/01/2026, 09/01/2027 and 09/01/2028 and 6,370 RSUs with staged vesting on 03/01/2026, 03/01/2027 and 03/01/2028. Each RSU converts to one share of Class A Common Stock at vesting and the reported price is $0 per unit.

Positive

  • Clear disclosure of equity compensation for the EVP and CFO, specifying unit counts and vesting dates
  • Total award quantified as 38,488 Restricted Stock Units, enabling investor visibility into potential future share issuance
  • Staggered vesting schedule spanning 2026–2028, indicating multi‑year alignment of executive incentives with the company

Negative

  • None.

Insights

TL;DR: Executive received time‑based equity awards totaling 38,488 RSUs with multi‑year vesting.

The filing documents grants under the company's 2023 equity plan to the EVP and CFO on 09/02/2025. The awards are restricted stock units that convert one‑for‑one into Class A common shares at vesting and carry a reported price of $0, consistent with standard RSU grants. Vesting is staggered across 2026–2028, indicating a multi‑year retention schedule.

TL;DR: Routine insider disclosure of compensation grant; no unusual terms disclosed.

The Form 4 shows the required Section 16 disclosure for equity compensation to a named executive officer. Details include exact unit counts, vesting dates, and conversion to Class A common stock. The document is a standard compliance filing and supplies the facts necessary for investor transparency regarding officer holdings and upcoming potential share issuance upon vesting.

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*
Station Willard C

(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)
Executive Vice President - CFO
3. Date of Earliest Transaction (Month/Day/Year)
09/02/2025
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
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(1) (1) 09/02/2025 A 32,118 09/01/2026(1)(2) (1)(2) Class A Common Stock 32,118 $0(1) 32,118 D
Restricted Stock Units(3) (3) 09/02/2025 A 6,370 03/01/2026(3)(4) (3)(4) Class A Common Stock 6,370 $0(3) 6,370 D
Explanation of Responses:
1. 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.
2. 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.
3. 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.
4. 2123 Restricted Stock Units vest on March 1, 2026; 2123 Restricted Stock Units vest on March 1, 2027; and 2124 Restricted Stock Units vest on March 1, 2028.
Cynthia A. SantaBarbara, Attorney in Fact 09/04/2025
** 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 did Albany International (AIN) report on this Form 4?

The Form 4 reports grants of Restricted Stock Units to EVP and CFO Willard C. Station totaling 38,488 RSUs granted on 09/02/2025.

How many RSUs were granted and how do they convert?

A total of 38,488 RSUs were granted: 32,118 and 6,370. Each RSU converts to one share of Class A Common Stock at vesting.

What are the vesting dates for the RSU grants?

The 32,118 RSUs vest in three tranches on 09/01/2026, 09/01/2027 and 09/01/2028. The 6,370 RSUs vest in three tranches on 03/01/2026, 03/01/2027 and 03/01/2028.

What price was reported for these RSUs?

The reported price for the Restricted Stock Units is $0, consistent with typical RSU awards that convert to shares at vesting.

Who is the reporting person and what is their role?

The reporting person is Willard C. Station, who is listed as Executive Vice President - CFO of Albany International Corp.

When was the Form 4 signed and filed?

The signature on the filing is dated 09/04/2025, and the transactions are dated 09/02/2025.
Albany Intl Corp

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Textile Manufacturing
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ROCHESTER