Joseph M. Gaug - 01 Mar 2025 Form 4/A - Amendment Insider Report for ALBANY INTERNATIONAL CORP /DE/ (AIN)

Role
VP-General Counsel & Secretary
Signature
Cynthia A. SantaBarbara, Attorney-in-Fact
Issuer symbol
AIN
Transactions as of
01 Mar 2025
Net transactions value
-$172,494
Form type
4/A - Amendment
Filing time
05 Mar 2025, 11:39:44 UTC
Date Of Original Report
04 Mar 2025
Previous filing
28 Feb 2025
Next filing
03 Mar 2026
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 Award $0 +2,335 +34% $0.000000 9,146 01 Mar 2025 Direct F1
transaction AIN Class A Common Stock Options Exercise $0 +641 +7% $0.000000 9,787 01 Mar 2025 Direct F2
transaction AIN Class A Common Stock Options Exercise $0 +717 +7.3% $0.000000 10,504 01 Mar 2025 Direct F3
transaction AIN Class A Common Stock Options Exercise $0 +905 +8.6% $0.000000 11,409 01 Mar 2025 Direct F4
transaction AIN Class A Common Stock Tax liability $135,069 -1,764 -15% $76.57 9,645 01 Mar 2025 Direct F5, F17
transaction AIN Class A Common Stock Options Exercise $0 +463 $0.000000 463 01 Mar 2025 Direct F6
transaction AIN Class A Common Stock Disposed to Issuer $37,424 -463 -100% $80.83 0 01 Mar 2025 Direct F6
holding AIN Class A Common Stock 6,811 01 Mar 2025 Direct

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 -463 -100% $0.000000 0 01 Mar 2025 Class A Common Stock 463 Direct F7, F8
transaction AIN Restricted Stock Units Options Exercise $0 -641 -100% $0.000000 0 01 Mar 2025 Class A Common Stock 641 Direct F9, F10
transaction AIN Restricted Stock Units Options Exercise $0 -717 -50% $0.000000 717 01 Mar 2025 Class A Common Stock 1,434 Direct F11, F12
transaction AIN Restricted Stock Units Options Exercise $0 -905 -33% $0.000000 1,809 01 Mar 2025 Class A Common Stock 2,714 Direct F13, F14
holding AIN Restricted Stock Units 3,201 01 Mar 2025 Class A Common Stock 3,201 Direct F15, F16
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares distributed pursuant to a Multi-Year Performance Award made under the Albany International Corp. 2017 Incentive Plan.
F2 Shares distributed pursuant to a vesting of Restricted Stock Units granted February 25, 2022.
F3 Shares distributed pursuant to a vesting of Restricted Stock Units granted February 24, 2023.
F4 Shares distributed pursuant to a vesting of Restricted Stock Units granted February 23, 2024.
F5 Shares withheld to satisfy the tax liability in connection with the transaction described in footnotes 1, 2, 3 and 4 above.
F6 Deemed acquisition and disposition to the issuer of shares of stock underlying Restricted Stock Units upon automatic vesting and cash settlement of such Units (see footnote 7 and 8). No shares were actually issued to the reporting person, nor did the reporting person dispose of any shares.
F7 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.
F8 463 Phantom Stock Units will be settled and payable each year on or about March 1, beginning March 1, 2021.
F9 Restricted Stock Units granted February 25, 2022 pursuant to the Albany International Corp. 2017 Incentive Plan. Each Restricted Stock Unit entitles the holder to receive one share of Class A Common Stock at the time of vesting.
F10 641 Restricted Stock Units vest on March 1, 2023; 641 Restricted Stock Units vest on March 1, 2024; and 641 Restricted Stock Units vest on March 1, 2025.
F11 Restricted Stock Units granted February 24, 2023 pursuant to the Albany International Corp. 2017 Incentive Plan. Each Restricted Stock Unit entitles the holder to receive one share of Class A Common Stock at the time of vesting.
F12 708 Restricted Stock Units vest on March 1, 2024; 717 Restricted Stock Units vest on March 1, 2025; and 717 Restricted Stock Units vest on March 1, 2026.
F13 Restricted Stock Units granted February 23, 2024 pursuant to the Albany International Corp. 2023 Incentive Plan. Each Restricted Stock Unit entitles the holder to receive one share of Class A Common Stock at the time of vesting.
F14 905 Restricted Stock Units vest on March 1, 2025; 905 Restricted Stock Units vest on March 1, 2026; and 904 Restricted Stock Units vest on March 1, 2027.
F15 Restricted Stock Units granted February 21, 2025 pursuant to the Albany International Corp. 2023 Incentive Plan. Each Restricted Stock Unit entitles the holder to receive one share of Class A Common Stock at the time of vesting.
F16 1067 Restricted Stock Units vest on March 1, 2026; 1067 Restricted Stock Units vest on March 1, 2027; and 1067 Restricted Stock Units vest on March 1, 2028.
F17 Correction to shares disposed and shares owned due to administrative error.