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 | -- |
| Exercise | Class A Common Stock | 6,905 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 1,975 | $62.80 | $124K |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
Footnotes (1)
- Shares distributed pursuant to vesting of Restricted Stock Units granted on August 12, 2024. Shares withheld to satisfy the tax liability in connection with the transaction described in footnote 1 above. 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. 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. 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. 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. 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. 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.
