John Scannell - May 10, 2024 Form 4 Insider Report for ALBANY INTERNATIONAL CORP /DE/ (AIN)

Role
Director
Signature
Kathleen M. Tyrrell, Attorney-in-Fact
Stock symbol
AIN
Transactions as of
May 10, 2024
Transactions value $
$0
Form type
4
Date filed
5/14/2024, 09:49 AM
Previous filing
Apr 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding AIN Class A Common Stock 19.5K May 10, 2024 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 Deferred Restricted Stock Units Award $0 +1.52K $0.00 1.52K May 10, 2024 Class A Common Stock 1.52K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 540 shares acquired pursuant to a dividend reinvestment plan.
F2 Deferred Restricted Stock Units ("DSU") granted May 10, 2024 pursuant to the Albany International Corp. Non-Employee Director Deferred Compensation Plan under the Albany International Corp. 2023 Long Term Incentive Plan. Each DSU entitles the holder to receive one share of Class A Common Stock at the time of vesting. The reporting person will receive cash dividends on these DSUs, paid by the Issuer in such amount and at such time as periodically declared by its Board of Directors.
F3 1,519 DSUs will vest on the earlier of (a) January 1, 2034, or (b) in the event of the reporting person's death, disability or separation from service, or a change of ownership control of the Company, the effective date of such event.