Form 4: Albany International CAO Reports RSU Vesting, New Grant

Albany International's Chief Accounting Officer, Sean C. Valashinas, reported the vesting of restricted stock units and a new RSU grant, alongside shares withheld for tax obligations.

Summary

• Sean C. Valashinas, Chief Accounting Officer (CAO) of Albany International Corp (AIN), reported transactions related to his beneficial ownership.
• On March 1, 2026, 282 shares of Class A Common Stock were acquired by Mr. Valashinas due to the vesting of Restricted Stock Units (RSUs) granted on June 9, 2025.
• Concurrently, 84 shares of Class A Common Stock were disposed of (withheld) to satisfy tax liabilities associated with the RSU vesting, at a price of $57.65 per share.
• Following these transactions, Mr. Valashinas beneficially owns 198 shares of Class A Common Stock directly.
• New Restricted Stock Units were granted on February 27, 2026, pursuant to the Albany International Corp. 2023 Plan, entitling the holder to receive one share of Class A Common Stock per RSU upon vesting.
• A total of 2,641 Restricted Stock Units from a June 9, 2025 grant remain, with vesting scheduled for June 9, 2026 (1,321 units), June 9, 2027 (660 units), and June 9, 2028 (660 units).
• An additional 846 Restricted Stock Units from a June 9, 2025 grant remain, with vesting scheduled for March 1, 2026 (282 units), March 1, 2027 (282 units), and March 1, 2028 (282 units).
• A new grant of 1,197 Restricted Stock Units on February 27, 2026, will vest on March 1, 2027 (399 units), March 1, 2028 (399 units), and March 1, 2029 (399 units).

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a moderately positive filing. While routine, it signifies ongoing executive alignment with shareholder interests through equity compensation and the retention of a key officer.

Positives

• The vesting of Restricted Stock Units and subsequent acquisition of shares by the CAO increases his direct ownership, aligning his interests with shareholders.
• The grant of new Restricted Stock Units demonstrates continued long-term incentive compensation for a key executive, promoting retention and future performance.

Negatives

• Shares were withheld to cover tax liabilities, which is a routine event for RSU vesting and not indicative of negative sentiment or company performance.

Future Outlook

The filing outlines future vesting schedules for various Restricted Stock Unit grants, indicating continued equity compensation for the Chief Accounting Officer through March 1, 2029. This provides a clear timeline for future share distributions and aligns executive incentives with long-term company performance.

Industry Context

StockSavvy.ai notes that routine Form 4 filings, such as this one detailing RSU vesting and new grants, are common across industries. They reflect standard executive compensation practices designed to align management interests with shareholder value creation over the long term. The specific details of RSU grants and vesting schedules are typical for publicly traded companies utilizing equity-based incentive plans.

Comparison to Industry Standards

• The use of Restricted Stock Units (RSUs) as a component of executive compensation is a widely adopted practice across U.S. public companies, consistent with industry standards for attracting and retaining talent.
• The multi-year vesting schedules (e.g., 3-year tranches) for RSUs are standard in the market, similar to practices at comparable industrial manufacturing companies like Ametek, Inc. (AME) or Nordson Corporation (NDSN), which also use long-term equity incentives to foster executive retention and performance alignment.

Stakeholder Impact

• Shareholders: The vesting and new grant of RSUs align the interests of the Chief Accounting Officer with long-term shareholder value creation. The shares acquired upon vesting represent a minor increase in outstanding shares, which is a routine aspect of equity compensation plans.
• Employees (specifically the CAO): The transactions represent a component of the CAO's compensation package, providing a direct financial incentive tied to the company's stock performance and long-term success.

Next Steps

• Vesting of 1,321 Restricted Stock Units on June 9, 2026.
• Vesting of 282 Restricted Stock Units and 399 Restricted Stock Units on March 1, 2027.
• Vesting of 660 Restricted Stock Units on June 9, 2027.
• Vesting of 282 Restricted Stock Units and 399 Restricted Stock Units on March 1, 2028.
• Vesting of 660 Restricted Stock Units on June 9, 2028.
• Vesting of 399 Restricted Stock Units on March 1, 2029.

Key Dates

Keywords

Albany International, AIN, Form 4, Insider Transaction, Restricted Stock Units, RSU Vesting, Executive Compensation, Beneficial Ownership, CAO