Albemarle (ALB) SVP Cynthia Lima receives 1,796-share stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Albemarle Corporation reported that senior vice president Cynthia Renee Lima received an equity award of 1,796 shares of common stock as a grant or other acquisition. The award was priced at $0.00 per share, increasing her directly held stake to 14,438 shares. According to the terms, these restricted stock units vest 100% on March 2, 2029, tying a portion of her compensation to the company’s long-term performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lima Cynthia Renee
Role
SVP, Ext. Affairs & Comm.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,796 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 14,438 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did ALB senior vice president Cynthia Renee Lima report?
Cynthia Renee Lima reported receiving an equity award of 1,796 shares of Albemarle common stock. The transaction was coded as a grant or other acquisition, reflecting compensation rather than an open-market purchase, and increased her directly held stake to 14,438 shares.
Was the Albemarle (ALB) insider award to Cynthia Renee Lima a purchase or a grant?
The Albemarle transaction was a grant or award acquisition, not a market purchase. It was reported under code A, with 1,796 shares at a price of $0.00 per share, indicating stock-based compensation rather than cash-funded buying of shares.
What are the vesting terms for Cynthia Renee Lima’s Albemarle restricted stock units?
The restricted stock units granted to Cynthia Renee Lima vest 100% on March 2, 2029. Vesting means she will fully earn the 1,796-share award on that date, provided the conditions in the award agreement are satisfied, aligning compensation with long-term company performance.
What transaction code and direction were disclosed in the Albemarle (ALB) Form 4?
The Form 4 used transaction code A, meaning a grant, award, or other acquisition. The normalized direction is “acquire,” applied to 1,796 shares of Albemarle common stock, and the filing shows no insider sales or dispositions in this particular report.