Albany International (AIN) Form 4 Discloses 38,488 RSU Grant to CFO
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 32,118 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 6,370 | $0.00 | -- |
Footnotes (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. 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; 2123 Restricted Stock Units vest on March 1, 2027; and 2124 Restricted Stock Units vest on March 1, 2028.