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 | $0.00 |
| Grant/Award | Restricted Stock Units | 6,370 | $0.00 | $0.00 |
Footnotes (4)
- F1. 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.
- F2. 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.
- F3. 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.
- F4. 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.
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