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AI brief of an SEC Form 8-K · Albany International (AIN)

Albany International grants 2025 stock awards to executives, including named officers

Neutral Impact 2 of 5 other Written later

On February 21, 2025, Albany International's Compensation Committee approved 2025 Performance Stock Unit and Restricted Stock Unit awards to certain executives, including its named executive officers. The performance units pay 0% to 200% of target based on goals for 2025 through 2027, and the restricted units vest in thirds over three years, so the awards tie executive pay to future results and continued employment.

Key points

  • Performance stock unit payout ranges from 0% to 200% of target, based on adjusted EBITDA, ROIC and relative total shareholder return for January 1, 2025 to December 31, 2027
  • Restricted stock units vest one-third on each of the first three anniversaries of the grant date, if the holder is still employed
  • Named executive target amounts include 16,349 shares for Gunnar Kleveland and 5,632 shares for Robert D. Starr, with the same figures for each award type
  • Performance results are to be determined in early 2028, with any bonus paid in full in March 2028

The filing

CompanyAlbany International (AIN)
Form8-K, current report
Filed with the SECFeb 27, 2025, 4:46 PM ET
Accession number0000819793-25-000010

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:55 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 27, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.