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

Signature
/s/ Stefanie M. Holland, Attorney-in-Fact
Issuer symbol
ALB
Transactions as of
27 Feb 2025
Net transactions value
-$587,695
Form type
4
Filing time
28 Feb 2025, 17:30:41 UTC
Previous filing
03 Jan 2025
Next filing
02 Jan 2026

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALB Common Stock Options Exercise $0 +16,932 +16% $0.000000 122,096 27 Feb 2025 Direct F1
transaction ALB Common Stock Tax liability $587,695 -7,442 -6.1% $78.97 114,654 27 Feb 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 -16,932 -100% $0.000000 0 27 Feb 2025 Common Stock 16,932 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.