Form 4: Albany International Corp. Director Stock Transaction
Insider Transaction Report
Russell Toney, a Director at Albany International Corp., reported a transaction involving Class A Common Stock.
Summary
- Russell Toney, a Director of Albany International Corp., reported a transaction on May 15, 2026.
- The transaction involved the acquisition of 2,390 shares of Class A Common Stock.
- These shares were distributed as part of the Directors' Annual Retainer Plan.
- Following this transaction, Mr. Toney beneficially owns 8,284 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine director compensation event rather than a significant strategic or financial development.
Positives
- Director compensation through stock distribution indicates alignment with shareholder interests.
- The acquisition of shares by a director can be seen as a positive signal of confidence in the company.
Future Outlook
This filing does not contain forward-looking statements or guidance.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions and reflect routine compensation practices for directors within the manufacturing sector.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney | Authorization granted to Joseph M. Gaug and Kathleen M. Tyrrell to sign SEC Forms 3 and 4 and Form 144 on behalf of directors and officers. | 03/21/2022 | Facilitates compliance with SEC filing requirements for insider transactions. |
Related Party Transactions
- Distribution of 2,390 shares of Class A Common Stock to Director Russell Toney under the Directors' Annual Retainer Plan.
Stakeholder Impact
- Shareholders: The transaction reflects a standard component of director compensation, aligning director interests with those of shareholders through stock ownership.
Key Dates
| Date | Description |
|---|---|
| 03/21/2022 | Date of Power of Attorney authorization for signing SEC Forms. |
| 05/15/2026 | Transaction Date for the acquisition of Class A Common Stock. |
| 05/18/2026 | Date of signature by Cynthia A. SantaBarbara, Attorney in Fact. |
Keywords
Form 4, SEC Filing, Insider Trading, Director Compensation, Albany International Corp., Class A Common Stock, Securities Exchange Act of 1934
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