John J. Tedone - Mar 1, 2025 Form 4 Insider Report for ALBANY INTERNATIONAL CORP /DE/ (AIN)

Role
VP - Controller & CAO
Signature
Cynthia A. SantaBarbara, Attorney-in-Fact
Stock symbol
AIN
Transactions as of
Mar 1, 2025
Transactions value $
-$80,022
Form type
4
Date filed
3/3/2025, 12:31 PM
Previous filing
Feb 24, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIN Class A Common Stock Options Exercise $0 +546 $0.00 546 Mar 1, 2025 Direct F1
transaction AIN Class A Common Stock Disposed to Issuer -$44.1K -546 -100% $80.83 0 Mar 1, 2025 Direct F1
transaction AIN Class A Common Stock Options Exercise $0 +444 $0.00 444 Mar 1, 2025 Direct F1
transaction AIN Class A Common Stock Disposed to Issuer -$35.9K -444 -100% $80.83 0 Mar 1, 2025 Direct F1

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 AIN Phantom Stock Units Options Exercise $0 -546 -50.05% $0.00 545 Mar 1, 2025 Class A Common Stock 1.09K Direct F2, F3
transaction AIN Phantom Stock Units Options Exercise $0 -444 -33.36% $0.00 887 Mar 1, 2025 Class A Common Stock 1.33K Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Deemed acquisition and disposition to the issuer of shares of stock underlying Phantom Stock Units upon automatic vesting and cash settlement of such units (see footnotes 2 and 4). No shares were actually issued to the reporting person, nor did the reporting person dispose of any shares.
F2 Phantom Stock Units granted on February 22, 2024 pursuant to the Phantom Stock Plan. Each Phantom Stock Unit entitles the holder to receive the cash equivalent of one share of Class A Common Stock at the time of vesting.
F3 546 Phantom Stock Units will be settled and payable on or about March 1, 2024; 546 on or about March 1, 2025; 545 on or about March 1, 2026.
F4 Phantom Stock Units granted on February 21, 2025 pursuant to the Phantom Stock Plan. Each Phantom Stock Unit entitles the holder to receive the cash equivalent of one share of Class A Common Stock at the time of vesting.
F5 444 Phantom Stock Units will be settled and payable on or about March 1, 2025; 444 on or about March 1, 2026; 443 on or about March 1, 2027.