Albemarle (NYSE: ALB) CCO logs PSU vesting and tax-share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Albemarle Corporation’s Chief Commercial Officer Eric Norris reported equity compensation activity involving company common stock. He acquired 1,806 shares on February 26, 2026 at $184.93 per share through the vesting of previously granted Performance Stock Units, bringing his direct holdings to 49,738 shares.
On the same date, 785 shares at $184.93 per share were disposed of to cover tax liabilities tied to the 2023 Performance Stock Unit grant vesting. After this tax-withholding disposition, Norris held 48,953 shares of Albemarle common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Norris Eric
Role
Chief Commercial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,806 | $184.93 | $334K |
| Tax Withholding | Common Stock | 785 | $184.93 | $145K |
Holdings After Transaction:
Common Stock — 49,738 shares (Direct)
Footnotes (1)
- Performance Stock Units granted 02/24/2023. 50% granted as ROIC Performance Stock Units and 50% granted as rTSR Performance Stock Units. All shares earned vested on 2/26/2026. Shares withheld to meet tax liabilities associated with vesting of Performance Stock Units granted on 02/24/2023.
FAQ
What insider stock transactions did Albemarle (ALB) Chief Commercial Officer Eric Norris report?
Eric Norris reported an equity award vesting and a related tax withholding. He acquired 1,806 Albemarle common shares from vested Performance Stock Units and disposed of 785 shares to cover tax liabilities, both on February 26, 2026, at a reference price of $184.93 per share.
What was the nature of the Albemarle (ALB) stock award reported by Eric Norris?
The award involved Performance Stock Units granted on February 24, 2023. Half were ROIC Performance Stock Units and half were rTSR Performance Stock Units. All shares earned under this grant vested on February 26, 2026, resulting in 1,806 Albemarle common shares being delivered to Eric Norris.
What do the Performance Stock Units in the Albemarle (ALB) filing represent for Eric Norris?
The Performance Stock Units represent incentive compensation tied to performance metrics. Granted on February 24, 2023, they were split between ROIC and rTSR measures. When all shares earned vested on February 26, 2026, Eric Norris received 1,806 Albemarle common shares before tax-withholding.