Form 4: Albemarle Corp Executive Grant Stacy Goto Reports Stock and Options Transactions
SEC Form 4 Filing
General Counsel & Secretary of Albemarle Corp, Grant Stacy Goto, reports acquisition of stock and stock options.
Summary
- On February 27, 2025, Grant Stacy Goto, General Counsel & Secretary of Albemarle Corp, reported transactions involving Albemarle Corp [ALB] stock and stock options.
- Goto acquired 2,533 shares of common stock and 5,066 shares of common stock.
- Following these transactions, Goto directly owns 4,476 shares and 9,542 shares of common stock.
- Goto also acquired 5,918 stock options with an exercise price of $78.97, exercisable starting February 27, 2028, and expiring on February 27, 2035.
- Following the transaction, Goto directly owns 5,918 stock options.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine filing indicating insider transactions, which can be interpreted as a sign of confidence, but without additional context, it's difficult to gauge the overall impact.
Positives
- The acquisition of shares and options by a company executive could be seen as a positive signal, indicating confidence in the company's future performance.
Industry Context
Form 4 filings are a routine part of regulatory compliance for publicly traded companies, providing transparency into the transactions of company insiders.
Stakeholder Impact
- Shareholders may view the insider's stock acquisition as a positive signal.
Key Dates
| Date | Description |
|---|---|
| 02/27/2025 | Date of earliest transaction (acquisition of stock and stock options) |
| 02/27/2027 | RSUs vest 100%, subject to the terms of the award agreement. |
| 02/27/2028 | RSUs vest 100%, subject to the terms of the award agreement and Stock Options become exercisable |
| 02/27/2035 | Expiration date of the stock options |
| 03/03/2025 | Date of signature by Attorney-in-Fact |
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