J. Kent Masters - Feb 27, 2025 Form 4 Insider Report for ALBEMARLE CORP (ALB)

Role
Chairman & CEO, Director
Signature
/s/ Stefanie M. Holland, Attorney-in-Fact
Stock symbol
ALB
Transactions as of
Feb 27, 2025
Transactions value $
-$587,695
Form type
4
Date filed
2/28/2025, 05:30 PM
Previous filing
Jan 3, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALB Common Stock Options Exercise $0 +16.9K +16.1% $0.00 122K Feb 27, 2025 Direct F1
transaction ALB Common Stock Tax liability -$588K -7.44K -6.1% $78.97 115K Feb 27, 2025 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ALB Performance Stock Units Options Exercise $0 -16.9K -100% $0.00 0 Feb 27, 2025 Common Stock 16.9K Direct F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Adjusted ROIC Performance Stock Units granted on 02/25/2022. Payout based on 200% performance multiplier. All shares earned vested on 02/27/2025.
F2 Shares withheld to meet tax liabilities associated with vesting of Performance Stock Units.
F3 Each Performance Stock Unit converts to 1 share of Common Stock.
F4 No expiration date.