Albemarle officer reports 375-share tax disposition
Albemarle Corp Chief Supply Chain Officer Mark Richard Mummert reported a tax-related share disposition tied to restricted stock vesting.
Rhea-AI Filing Summary
Albemarle Corp Chief Supply Chain Officer Mark Richard Mummert reported a tax-related share disposition tied to restricted stock vesting. On 2/24/2026, 375 shares of common stock were withheld at $186.83 per share to cover tax liabilities, leaving him with 14,165 directly held shares.
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Insider Trade Summary
Exercise Price or Tax Liability: 375 shares
Exercise Price or Tax Liability
1 txn
Insider
Mummert Mark Richard
Role
Chief Supply Chain Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 375 | $186.83 | $70K |
Holdings After Transaction:
Common Stock — 14,165 shares (Direct)
Footnotes (1)
- F1. Shares withheld to meet tax liabilities associated with vesting of Restricted Stock Units granted on 2/24/2023.
FAQ
What insider transaction did ALB executive Mark Richard Mummert report?
Albemarle executive Mark Richard Mummert reported a tax-withholding disposition of 375 common shares. These shares were withheld to cover tax liabilities from restricted stock units that vested on February 24, 2026, rather than being sold in an open market transaction.
Was Mummert’s Albemarle (ALB) Form 4 transaction an open market sale?
No, the Form 4 describes a tax-withholding disposition, not an open market sale. Shares were withheld by the company to meet tax liabilities arising from the vesting of restricted stock units granted on February 24, 2023.
AI-generated analysis. How Rhea-AI works. Not financial advice.