Albemarle (NYSE: ALB) CEO sells 11,783 shares, gifts 30,716
Rhea-AI Filing Summary
Albemarle Corporation Chairman & CEO J. Kent Masters reported both stock sales and a gift of shares. On March 10, 2026, he sold a total of 11,783 shares of Albemarle common stock in open-market transactions at weighted-average prices with ranges from $169.63 to $171.89 per share for diversification and tax planning purposes. After these sales, he directly held 134,628 shares.
On March 12, 2026, he made a bona fide gift of 30,716 shares, transferring them to an irrevocable trust over which he has no influence or control. Following this transfer, he directly holds 103,912 shares, which the disclosure notes remain in excess of his required holdings under Albemarle’s stock ownership guidelines.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 30,716 | $162.79 | $5.00M |
| Sale | Common Stock | 5,395 | $170.26 | $919K |
| Sale | Common Stock | 5,392 | $171.18 | $923K |
| Sale | Common Stock | 996 | $171.82 | $171K |
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These shares were sold by the reporting person for diversification and tax planning purposes in multiple transactions, at prices ranging from $169.63 to $170.62, inclusive. The reporting person undertakes to provide to Albemarle Corporation, any security holder of Albemarle Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The reporting person retains significant holdings in Albemarle stock, in excess of his required holdings under Albemarle stock ownership guidelines. The price reported in Column 4 is a weighted average price. These shares were sold by the reporting person for diversification and tax planning purposes in multiple transactions, at prices ranging from $170.63 to $171.57, inclusive. The reporting person undertakes to provide to Albemarle Corporation, any security holder of Albemarle Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The reporting person retains significant holdings in Albemarle stock, in excess of his required holdings under Albemarle stock ownership guidelines. The price reported in Column 4 is a weighted average price. These shares were sold by the reporting person for diversification and tax planning purposes in multiple transactions, at prices ranging from $171.67 to $171.89, inclusive. The reporting person undertakes to provide to Albemarle Corporation, any security holder of Albemarle Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The reporting person retains significant holdings in Albemarle stock, in excess of his required holdings under Albemarle stock ownership guidelines. For tax and estate planning purposes, these shares were transferred to an irrevocable trust over which the reporting person has no influence or control. The reporting person retains significant holdings in Albemarle stock, in excess of his required holdings under Albemarle stock ownership guidelines.