Form 4: Albemarle Corp Executive Netha N. Johnson Reports Stock Transaction
SEC Form 4
Chief Operations Officer Netha N. Johnson of Albemarle Corp reports disposition of shares to cover tax obligations related to vesting of restricted stock units.
Summary
- On February 25, 2025, Netha N. Johnson, Chief Operations Officer of Albemarle Corporation, reported a transaction involving common stock.
- 510 shares were disposed of to cover tax liabilities associated with the vesting of Restricted Stock Units granted on February 25, 2022.
- The transaction price was $78.42 per share.
- Following the transaction, Johnson directly owns 38,994 shares of Albemarle Corp common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing relates to a routine stock transaction for tax purposes and doesn't indicate any significant positive or negative development for the company.
Industry Context
This filing is a routine disclosure related to executive compensation and does not necessarily reflect a strategic shift or material event for Albemarle within the broader specialty chemicals industry.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/25/2022 | Date of grant for Restricted Stock Units |
| 02/25/2025 | Date of stock transaction (disposal of shares) |
| 02/27/2025 | Date of signature for the Form 4 filing |
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