Albany Int'l (AIN) Form 4: 6,905 RSUs Vest for President AEC
Rhea-AI Filing Summary
Christopher Eric Stone, an officer (President AEC) of Albany International Corp (AIN), received shares when Restricted Stock Units (RSUs) vested. On 08/12/2025, 6,905 RSUs granted under the 2023 Plan vested and were distributed as shares, and 1,975 shares were withheld to satisfy tax withholding at $62.80 per share, leaving 4,930 shares beneficially owned following the transaction. The filing also discloses unvested RSU awards: a tranche of RSUs with scheduled vesting in August 2026 and August 2027 from the August 12, 2024 grant, plus separate RSU grants vesting March 1 in 2025–2028 as detailed in the footnotes. The activity reflects routine compensation vesting and tax withholding.
Positive
- Officer received 6,905 shares via RSU vesting, increasing direct ownership and aligning executive and shareholder interests
- Clear multi-year vesting schedules disclosed, showing retention incentives remain in place
Negative
- None.
Insights
TL;DR: Routine officer compensation vesting; modest net increase in direct shares after tax withholding.
The Form 4 reports standard employee equity compensation mechanics rather than discretionary open-market trading. The distribution of 6,905 vested RSUs with 1,975 shares withheld for taxes at $62.80 is a common net-delivery outcome: gross equity grant converted to shares, netted for withholding obligations, producing 4,930 new directly owned shares. This alters insider holdings modestly but does not indicate a change in corporate control or a sale of shares to third parties. For investors, the filing signals executive alignment via equity compensation and shows remaining multi-year vesting schedules from multiple grants.
TL;DR: Compensation-driven vesting maintains executive alignment; no governance red flags disclosed.
The disclosure details scheduled vesting and tax-withholding mechanics for RSUs granted under the company plan. Multiple tranches remain unvested, with clear vesting schedules in 2026 and 2027 and separate March-vesting tranches tied to a February 2025 grant. The filing was executed by an attorney-in-fact, which is typical for routine insider reporting. There are no indications of accelerated vesting, related-party transfers, or unusual dispositions that would raise governance concerns.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 6,905 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 6,905 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 1,975 | $62.80 | $124K |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
Footnotes (8)
- F1. Shares distributed pursuant to vesting of Restricted Stock Units granted on August 12, 2024.
- F2. Shares withheld to satisfy the tax liability in connection with the transaction described in footnote 1 above.
- F3. Restricted Stock Units granted August 12, 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.
- F4. 6905 Restricted Stock Units vest on August 12, 2025; 6905 Restricted Stock Units vest on August 12, 2026; and 6904 Restricted Stock Units vest on August 12, 2027.
- F5. 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.
- F6. 1289 Restricted Stock Units vest on March 1, 2026; 1289 Restricted Stock Units vest on March 1, 2027; and 1289 Restricted Stock Units vest on March 1, 2028.
- F7. Restricted Stock Units granted August 12, 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.
- F8. 1151 Restricted Stock Units vest on March 1, 2025; 1151 Restricted Stock Units vest on March 1, 2026; and 1150 Restricted Stock Units vest on March 1, 2027.
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