Albemarle (ALB) director converts deferred phantom stock into common shares

Rhea-AI Filing Summary

Albemarle Corporation director Gerald A. Steiner reported conversions of deferred phantom stock into common shares. On February 18, 2026, he exercised phantom stock units in two transactions, settling 153 units and 781 units into the same number of Albemarle common shares at a stated price of $0.00 per share.

The phantom stock represents deferred director compensation under Albemarle’s non‑employee director stock compensation and deferral plans, with units converting on a 1‑for‑1 basis into common stock and including dividend equivalent rights. Following these transactions, Steiner’s directly held common and phantom stock balances increased as part of his compensation arrangements rather than open‑market purchases.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

STEINER GERALD A

(Last) (First) (Middle)

ALBEMARLE CORPORATION

4250 CONGRESS STREET, SUITE 900

(Street)

CHARLOTTE NC 28209

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ALBEMARLE CORP [ ALB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/18/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/18/2026		M		153(1)	A	$0(2)	11,165	D
Common Stock	02/18/2026		M		781(3)	A	$0(2)	11,946	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Phantom Stock	(4)	02/18/2026		M			153	(5)	(6)	Common Stock	153	(2)	10,408(7)	D
Phantom Stock	(8)	02/18/2026		M			781	(9)	(6)	Common Stock	781	(2)	9,627(7)	D

Explanation of Responses:

1. The reporting person settled 153 shares of Phantom Stock for the same number of shares of common stock.

2. Phantom Stock units convert 1 for 1 into common stock.

3. The reporting person settled 781 shares of Phantom Stock for the same number of shares of common stock.

4. Represents deferred director compensation under the Albemarle Corporation 2013 Stock Compensation and Deferral Election Plan for Non-Employee Directors.

5. Exerciseable in five annual installments beginning on February 15th of the year after the year in which the reporting person reached 65 years of age.

6. No expiration date.

7. Includes dividend equivalent rights earned based on total Phantom Stock units in Director's deferred stock account.

8. Represents deferred director compensation under the Albemarle Corporation 2023 Stock Compensation and Deferral Election Plan for Non-Employee Directors

9. Exercisable in a single lump sum on February 15th of the calendar year after the year in which the reporting reached 65 years of age.

Remarks:

	/s/ Ander C. Krupa, Attorney-in-Fact	02/20/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Albemarle (ALB) director Gerald A. Steiner report?

Gerald A. Steiner reported converting phantom stock into Albemarle common shares. On February 18, 2026, he settled 153 and 781 phantom stock units into the same number of common shares, reflecting the exercise of deferred compensation rights rather than open-market buying or selling.

How many Albemarle (ALB) phantom stock units were converted into common shares?

Albemarle director Gerald A. Steiner converted 934 phantom stock units into common shares. The Form 4 shows two transactions on February 18, 2026, settling 153 units and 781 units, each on a one-for-one basis into Albemarle common stock pursuant to deferred compensation plans.

Were Gerald A. Steiner’s Albemarle (ALB) transactions open-market stock purchases or sales?

They were not open-market trades; they were derivative exercises. The Form 4 shows transaction code M, indicating exercise or conversion of phantom stock units into common shares as part of deferred director compensation, with a reported price of $0.00 per share for these conversions.

What are Albemarle (ALB) phantom stock units held by director Gerald A. Steiner?

The phantom stock units represent deferred director compensation under Albemarle stock compensation and deferral plans. They convert one-for-one into common stock, can include dividend equivalent rights, and become exercisable based on age-related schedules, rather than being regular market-traded equity awards.

How do Albemarle (ALB) phantom stock units convert into common stock?

Albemarle phantom stock units convert into common stock on a one-for-one basis. For Gerald A. Steiner, the Form 4 explains that specified units were settled into the same number of common shares, with certain awards exercisable in installments or lump sums tied to when he reached age 65.

What plans govern Gerald A. Steiner’s Albemarle (ALB) deferred phantom stock?

His phantom stock is issued under Albemarle’s stock compensation and deferral election plans for non-employee directors. The Form 4 cites the 2013 and 2023 plans, which provide for deferred director compensation, dividend equivalent rights, and age-based exercisability with no stated expiration date.