Form 4: Albany International Exec's RSU Vesting & Tax Withholding

Albany International's President of AEC, Christopher Eric Stone, reported the vesting of Restricted Stock Units and subsequent share withholding for tax liabilities.

Summary

• Christopher Eric Stone, President AEC of Albany International Corp., acquired 6,905 shares of Class A Common Stock on August 12, 2025, through the vesting of Restricted Stock Units (RSUs).
• Concurrently, 1,975 shares of Class A Common Stock were disposed of on August 12, 2025, at a price of $62.8 per share to satisfy tax liabilities related to the RSU vesting.
• Following these transactions, Mr. Stone directly beneficially owns 4,930 shares of Class A Common Stock.
• Remaining derivative holdings include 13,809 Restricted Stock Units from an August 12, 2024 grant, with future vesting dates on August 12, 2026 (6,905 units) and August 12, 2027 (6,904 units).
• Additionally, 3,867 Restricted Stock Units from a February 21, 2025 grant remain, vesting on March 1, 2026 (1,289 units), March 1, 2027 (1,289 units), and March 1, 2028 (1,289 units).
• Another 2,301 Restricted Stock Units from an August 12, 2024 grant remain, vesting on March 1, 2026 (1,151 units) and March 1, 2027 (1,150 units).

Sentiment

Score: 5

Explanation: The filing is neutral as it reports routine executive compensation activities (RSU vesting and tax withholding) which are expected and do not indicate any significant positive or negative operational or financial developments for the company.

Positives

• The vesting of Restricted Stock Units indicates the executive's continued equity participation and alignment with shareholder interests.
• The transactions are part of a pre-existing compensation plan (Albany International Corp. 2023 Plan), reflecting routine executive compensation.

Negatives

• No specific negative events or outcomes are indicated in this routine executive compensation filing.

Future Outlook

The filing details future vesting schedules for Restricted Stock Units, indicating continued equity compensation for the executive through March 2028.

Industry Context

This filing represents a routine executive compensation event, common across publicly traded companies, and does not reflect broader industry trends or competitive shifts.

Stakeholder Impact

• Shareholders: The filing reflects routine executive compensation, which is a standard operational cost and incentive mechanism. No direct material impact on shareholders beyond the ordinary course of business.
• Employees: No direct impact on general employees is indicated.
• Management: The executive's equity stake is maintained and increased through vesting, aligning their interests with company performance.

Next Steps

• Future vesting of remaining Restricted Stock Units on various dates through March 1, 2028, as per the Albany International Corp. 2023 Plan.

Key Dates

Keywords

Albany International, AIN, SEC Form 4, Restricted Stock Units, RSU vesting, executive compensation, stock ownership, insider transaction, equity awards