Executive at Albemarle (NYSE: ALB) awarded 698 restricted units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LaBauve Donald J. Jr. reported acquisition or exercise transactions in this Form 4 filing.
Albemarle Corporation executive Donald J. LaBauve Jr., VP, Corporate Controller & CAO, received an award of 698 shares of Common Stock on a grant/award basis at $0.00 per share. Following this award, his directly held Common Stock totaled 10,402 shares.
A related footnote explains that these are restricted stock units that vest 100% on March 2, 2029, subject to the award agreement. He also reported 12,755 shares of Common Stock held indirectly through the Albemarle Corporation Retirement Savings Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
LaBauve Donald J. Jr.
Role
VP, Corporate Controller & CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 698 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 10,402 shares (Direct);
Common Stock — 12,755 shares (Indirect, Albemarle Savings Plan)
Footnotes (1)
- Restricted Stock Units vest 100% on 03/02/2029, subject to the terms of the award agreement. Total number of shares of Common Stock held in the name of the Reporting Person under the Albemarle Corporation Retirement Savings Plan (the "Albemarle Savings Plan") as of the date of this Form 4.
FAQ
What insider transaction did Albemarle (ALB) report for Donald J. LaBauve Jr.?
Albemarle reported that Donald J. LaBauve Jr. received a grant of 698 shares of Common Stock at no cost. This award increased his directly held shares to 10,402, reflecting a stock-based compensation event rather than an open-market purchase.
What type of equity award did the Albemarle (ALB) executive receive?
The executive received restricted stock units representing 698 shares of Common Stock. A footnote states these restricted stock units vest 100% on March 2, 2029, subject to the terms of the applicable award agreement governing the grant.
When do Donald J. LaBauve Jr.’s Albemarle (ALB) restricted stock units vest?
The restricted stock units vest in full on March 2, 2029. According to the footnote, vesting is 100% on that date and remains subject to the specific conditions and requirements set out in the governing award agreement.
What indirect Albemarle (ALB) holdings were reported for the Albemarle Savings Plan?
The Form 4 shows 12,755 shares of Albemarle Common Stock held indirectly under the Albemarle Corporation Retirement Savings Plan. A footnote clarifies this total represents shares held in his name in that plan as of the Form 4 date.