Albemarle (ALB) director Widmar receives 325 phantom stock units grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Albemarle Corporation director Mark R. Widmar reported receiving a grant of 325 Phantom Stock units on February 26, 2026. These units convert on a one-for-one basis into Albemarle common stock and are payable as shares upon events established under the company’s 2023 Directors Plan.
The Phantom Stock units have no expiration date. This grant represents a pro‑rata portion of his annual non‑employee director stock compensation under Albemarle’s 2023 Stock Compensation and Deferral Election Plan for Non‑Employee Directors, and the shares are scheduled to vest on July 1, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Widmar Mark R
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 325 | $0.00 | -- |
Holdings After Transaction:
Phantom Stock — 325 shares (Direct)
Footnotes (1)
- Phantom Stock units convert 1 for 1 into common stock. Payable as shares of common stock upon events established by the reporting person in accordance with the terms of the 2023 Directors Plan. No expiration date. Shares represent a pro-rata grant of an annual installment of non-employee director stock compensation pursuant to the Albemarle Corporation 2023 Stock Compensation and Deferral Election Plan for Non-Employee Directors (the "2023 Directors Plan"). Shares to vest on July 1, 2026.
FAQ
What insider transaction did Albemarle (ALB) director Mark Widmar report?
Mark R. Widmar reported an acquisition of 325 Phantom Stock units. The Form 4 shows a grant on February 26, 2026, representing part of his non‑employee director stock compensation under Albemarle’s 2023 Directors Plan, with the resulting units held as direct derivative ownership.
How many Phantom Stock units did Albemarle (ALB) grant to Mark Widmar?
Albemarle granted 325 Phantom Stock units to director Mark R. Widmar. The units were awarded on February 26, 2026, as a pro‑rata installment of his annual non‑employee director stock compensation under the company’s 2023 Stock Compensation and Deferral Election Plan.
When do Mark Widmar’s Albemarle (ALB) Phantom Stock units vest?
The 325 Phantom Stock units are scheduled to vest on July 1, 2026. The grant represents a pro‑rata annual installment of non‑employee director stock compensation pursuant to Albemarle’s 2023 Directors Plan, with vesting tied to that specified future date.
How do Albemarle (ALB) Phantom Stock units reported by Mark Widmar settle?
The Phantom Stock units convert 1-for-1 into Albemarle common shares. They are payable as shares of common stock upon events established by the reporting person in accordance with the terms of Albemarle’s 2023 Directors Plan, providing equity-based director compensation.
Do Mark Widmar’s Albemarle (ALB) Phantom Stock units have an expiration date?
The reported Phantom Stock units have no expiration date. According to the disclosure, these derivative units remain outstanding without a stated end date and are ultimately settled in Albemarle common stock under conditions set out in the 2023 Directors Plan.
What plan governs Mark Widmar’s Albemarle (ALB) Phantom Stock grant?
The grant is governed by Albemarle’s 2023 Directors Plan. Specifically, it arises under the Albemarle Corporation 2023 Stock Compensation and Deferral Election Plan for Non‑Employee Directors, which outlines the terms for equity-based director compensation and deferral elections.