Merle A. Stein - Mar 1, 2025 Form 4 Insider Report for ALBANY INTERNATIONAL CORP /DE/ (AIN)

Role
President MC
Signature
Cynthia A. SantaBarbara, Attorney-in-Fact
Stock symbol
AIN
Transactions as of
Mar 1, 2025
Transactions value $
-$187,507
Form type
4
Date filed
3/4/2025, 12:08 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 +228 $0.00 228 Mar 1, 2025 Direct F1
transaction AIN Class A Common Stock Disposed to Issuer -$18.4K -228 -100% $80.83 0 Mar 1, 2025 Direct F1
transaction AIN Class A Common Stock Options Exercise $0 +360 $0.00 360 Mar 1, 2025 Direct F1
transaction AIN Class A Common Stock Disposed to Issuer -$29.1K -360 -50% $80.83 360 Mar 1, 2025 Direct F1
transaction AIN Class A Common Stock Options Exercise $0 +302 $0.00 302 Mar 1, 2025 Direct F1
transaction AIN Class A Common Stock Disposed to Issuer -$24.4K -302 -50% $80.83 302 Mar 1, 2025 Direct F1
transaction AIN Class A Common Stock Options Exercise $0 +652 $0.00 652 Mar 1, 2025 Direct F1
transaction AIN Class A Common Stock Disposed to Issuer -$52.7K -652 -50% $80.83 652 Mar 1, 2025 Direct F1
transaction AIN Class A Common Stock Options Exercise $0 +522 $0.00 522 Mar 1, 2025 Direct F1
transaction AIN Class A Common Stock Disposed to Issuer -$42.2K -522 -50% $80.83 522 Mar 1, 2025 Direct F1
transaction AIN Class A Common Stock Options Exercise $0 +779 $0.00 779 Mar 1, 2025 Direct F2
transaction AIN Class A Common Stock Tax liability -$20.7K -270 -34.66% $76.57 509 Mar 1, 2025 Direct F3

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 -228 -100% $0.00 0 Mar 1, 2025 Class A Common Stock 228 Direct F4, F5
transaction AIN Phantom Stock Units Options Exercise $0 -360 -50% $0.00 360 Mar 1, 2025 Class A Common Stock 720 Direct F6, F7
transaction AIN Phantom Stock Units Options Exercise $0 -302 -33.33% $0.00 604 Mar 1, 2025 Class A Common Stock 603 Direct F8, F9
transaction AIN Phantom Stock Units Options Exercise $0 -652 -50.04% $0.00 651 Mar 1, 2025 Class A Common Stock 652 Direct F10, F11
transaction AIN Phantom Stock Units Options Exercise $0 -522 -33.38% $0.00 1.04K Mar 1, 2025 Class A Common Stock 1.56K Direct F12, F13
transaction AIN Restricted Stock Units Options Exercise $0 +779 +100.13% $0.00 1.56K Mar 1, 2025 Class A Common Stock 2.34K Direct F14, F15
* 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, 4, 6, 8 and 10). No shares were actually issued to the reporting person, nor did the reporting person dispose of any shares.
F2 Shares distributed pursuant to vesting of Restricted Stock Unites granted on February 23, 2024.
F3 Shares withheld to satisfy the tax liability in connection with the transaction described in footnotes 2 above.
F4 Phantom Stock Units granted on February 18, 2021 pursuant to the Phantom Stock Unit 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 228 Phantom Stock Units will be settled and payable on or about March 1, 2021; 228 on March 1, 2022; 228 on March 1, 2023; 228 on March 1, 2024; and 228 March 1, 2025.
F6 Phantom Stock Units granted on February 25, 2022 pursuant to the Phantom Stock Unit 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.
F7 360 Phantom Stock Units will be payable each year on or about March 1, 2022; 360 on March 1, 2023; 360 on March 1, 2024; 360 on March 1, 2025; and 360 on March 1, 2026.
F8 Phantom Stock Units granted on February 24, 2023 pursuant to the Phantom Stock Unit 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.
F9 302 Phantom Stock Units will be payable on or about March 1, 2023; 302 on March 1, 2024; 302 on March 1, 2025; 302 on March 1, 2026; and 360 on March 1, 2027.
F10 Phantom Stock Units granted on February 23, 2024 pursuant to the Phantom Stock Unit 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.
F11 652 Phantom Stock Units will be settled and payable on or about March 1, 2024; 652 on or about March 1, 2025; and 651 on or about March 1, 2026.
F12 Phantom Stock Units granted on February 21, 2025 pursuant to the Phantom Stock Unit 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.
F13 522 Phantom Stock Units will be settled and payable on or about March 1, 2025; 521 on or about March 1, 2025; and 521 on or about March 1, 2026.
F14 Restricted Stock Units granted February 23, 2024 pursuant to the Albany International Corp. 2023 Plan. Each Restricted Stock Unit entitles the holder to receive one share of Class A Common Stock at the time of vesting.
F15 779 Restricted Stock Units vest on March 1, 2025; 779 Restricted Stock Units vest on March 1, 2026; and 778 Restricted Stock Units vest on March 1, 2027.