Form 4: Albemarle Corp Executive LaBauve Reports Stock Transaction
SEC Form 4 Filing
Donald J. LaBauve Jr., VP, Corporate Controller & CAO of Albemarle Corp, reports disposition of shares to cover tax liabilities.
Summary
- On February 25, 2025, Donald J. LaBauve Jr., VP, Corporate Controller & CAO of Albemarle Corporation, reported a transaction involving Albemarle Corp common stock.
- 179 shares were disposed of to cover tax liabilities associated with the vesting of Restricted Stock Units granted on February 25, 2022.
- The price per share for the transaction was $78.42.
- Following the transaction, LaBauve directly owns 5,035 shares of common stock.
- LaBauve also indirectly owns 12,505 shares through the Albemarle Savings Plan.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of the regulatory landscape for publicly traded companies, providing transparency into the transactions of company insiders. This filing indicates a standard transaction to cover tax obligations.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/25/2022 | Date of grant for Restricted Stock Units related to the tax liability. |
| 02/25/2025 | Date of stock transaction (disposal of shares). |
| 02/27/2025 | Date of signature on the Form 4 filing. |
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