Form 4: Albemarle Corp Executive LaBauve Reports Stock Transactions

Donald J. LaBauve Jr., VP, Corporate Controller & CAO of Albemarle Corp, reports transactions involving common stock and performance stock units.

Summary

• On February 26, 2025, Donald J. LaBauve Jr. had 110 shares of common stock withheld to cover tax liabilities related to the vesting of Restricted Stock Units at a price of $77.53.
• On February 27, 2025, LaBauve exercised 522 Adjusted ROIC Performance Stock Units granted on February 25, 2022, which vested based on a 200% performance multiplier.
• Also on February 27, 2025, 153 shares were withheld to meet tax liabilities associated with the vesting of these Performance Stock Units at a price of $78.97.
• Following these transactions, LaBauve directly owns 5,294 shares of common stock and indirectly owns 12,505 shares through the Albemarle Savings Plan.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, as required by the SEC. It provides transparency into the executive's holdings and transactions in the company's stock.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in the executive's holdings, but the overall impact is likely minimal.

Key Dates