Eric Norris of Albemarle (NYSE: ALB) granted 4,490 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Norris Eric reported acquisition or exercise transactions in this Form 4 filing.
Albemarle Corporation reported that Chief Commercial Officer Eric Norris received a grant of 4,490 restricted stock units on March 2, 2026. The award has no purchase price and will vest 100% on March 2, 2029, subject to the terms of the award agreement. Following this grant, Norris beneficially owns 53,443 shares of Albemarle common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Norris Eric
Role
Chief Commercial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,490 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 53,443 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Albemarle (ALB) report for Eric Norris?
Albemarle reported that Chief Commercial Officer Eric Norris received a grant of 4,490 restricted stock units. These units represent a form of equity award tied to Albemarle common stock and were reported as an acquisition, not an open-market purchase or sale.
When do Eric Norris’s 4,490 Albemarle restricted stock units vest?
The 4,490 restricted stock units granted to Eric Norris vest 100% on March 2, 2029. Vesting is subject to the terms and conditions of the applicable award agreement, which typically govern continued service and any other requirements.
What does transaction code “A” mean in Eric Norris’s Albemarle Form 4?
Transaction code “A” on Eric Norris’s Form 4 indicates a grant, award, or other acquisition of securities. In this case, it reflects Albemarle’s award of 4,490 restricted stock units rather than a purchase or sale on the open market.
Is Eric Norris’s Albemarle RSU grant a direct or indirect holding?
The Form 4 reports Eric Norris’s holdings, including the new restricted stock units, as direct ownership. The ownership code is listed as “D” for direct, with no indication of indirect entities such as trusts or partnerships.