Form 4: Albemarle Corp Executive Netha N. Johnson Reports Acquisition of Shares and Stock Options
SEC Form 4 Filing
Netha N. Johnson, Chief Operations Officer of Albemarle Corp, reports acquiring shares and stock options in the company.
Summary
- On February 27, 2025, Netha N. Johnson, Chief Operations Officer of Albemarle Corp, acquired 7,915 shares of common stock at $0 and 18,492 stock options with an exercise price of $78.97.
- The stock options are exercisable from February 27, 2028, and expire on February 27, 2035.
- Following the transaction, Johnson directly owns 50,029 shares of common stock and 18,492 derivative securities.
- The restricted stock units vest 100% on February 27, 2028, subject to the terms of the award agreement.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a standard disclosure of insider trading activity. The acquisition of shares and options could be interpreted as a positive signal, but it's not definitive.
Positives
- The acquisition of shares and stock options by a key executive could be seen as a positive sign, indicating confidence in the company's future performance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives.
Stakeholder Impact
- Shareholders may view the executive's stock acquisition as a positive signal about the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 02/27/2025 | Date of transaction: Acquisition of common stock and stock options. |
| 02/27/2028 | Vesting date for restricted stock units. |
| 02/27/2028 | Date stock options become exercisable. |
| 02/27/2035 | Expiration date for stock options. |
| 03/03/2025 | Date of signature for the report. |
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