Director at Albemarle (NYSE: ALB) awarded 325-share stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Collins Michelle T reported acquisition or exercise transactions in this Form 4 filing.
Albemarle Corporation director Michelle T. Collins received a grant of 325 shares of common stock as part of non-employee director stock compensation. The award was granted under the Albemarle Corporation 2023 Stock Compensation and Deferral Election Plan for Non-Employee Directors and carries a grant price of $0.00 per share.
These shares are scheduled to vest on July 1, 2026. After this grant, Collins directly holds 325 shares of Albemarle common stock, reflecting her current equity-based compensation as a newly appointed director within the compensation year.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Collins Michelle T
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 325 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 325 shares (Direct)
Footnotes (1)
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FAQ
What did Albemarle (ALB) director Michelle T. Collins report in this Form 4?
Michelle T. Collins reported receiving a grant of 325 shares of Albemarle common stock. The award is part of non-employee director stock compensation and was granted at $0.00 per share, increasing her direct holdings to 325 shares.
What Albemarle (ALB) plan governs Michelle T. Collins’ stock grant?
The grant was made under the Albemarle Corporation 2023 Stock Compensation and Deferral Election Plan for Non-Employee Directors. This plan governs stock-based compensation, including the 325-share pro rata annual installment granted to Collins.