Albemarle director awarded 325 phantom stock units
Albemarle Corporation director Mark R. Widmar reported receiving a grant of 325 Phantom Stock units on February 26, 2026.
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.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 325 | $0.00 | $0.00 |
Footnotes (4)
- F1. Phantom Stock units convert 1 for 1 into common stock.
- F2. Payable as shares of common stock upon events established by the reporting person in accordance with the terms of the 2023 Directors Plan.
- F3. No expiration date.
- F4. 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?
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