Masters J Kent 4
4 · ALBEMARLE CORP · Filed Mar 12, 2026
Research Summary
AI-generated summary of this filing
Albemarle (ALB) CEO J. Kent Masters Sells and Gifts Shares
What Happened
J. Kent Masters, Albemarle Corporation’s Chairman & CEO and a director, disposed of a total of 42,499 ALB shares in early March 2026. On March 10, 2026 he sold 11,783 shares in three open-market transactions for aggregate proceeds of $2,012,689 (weighted-average prices reported for the lots). On March 12, 2026 he transferred (gifted) 30,716 shares to an irrevocable trust for tax and estate planning, valued at $5,000,258.
Key Details
- Transaction dates: March 10, 2026 (sales) and March 12, 2026 (gift). Form filed March 12, 2026 (filed within the standard two-business-day window).
- Sales detail (weighted-average prices / noted price ranges in footnotes):
- 5,395 shares sold at weighted avg $170.26 (individual sale prices ranged $169.63–$170.62) — proceeds $918,553.
- 5,392 shares sold at weighted avg $171.18 (prices ranged $170.63–$171.57) — proceeds $923,003.
- 996 shares sold at weighted avg $171.82 (prices ranged $171.67–$171.89) — proceeds $171,133.
- Total sold: 11,783 shares for $2,012,689.
- Gift: 30,716 shares transferred to an irrevocable trust (reporting person has no influence or control); reported value $5,000,258.
- Shares owned after transaction: not specified in the provided excerpt; footnotes state the reporting person retains significant holdings in Albemarle stock, above required ownership guidelines.
- Footnotes: sales were for diversification and tax planning; weighted-average prices reported with ranges; gift was for tax/estate planning; EX-24 (Power of Attorney) attached.
Context
- Sales cited as diversification/tax planning in the filing — routine reasons often cited by insiders and not necessarily a negative signal about company prospects.
- Gifts/transfers to an irrevocable trust are estate/tax planning moves and do not directly reflect buying/selling sentiment.
- No derivative or option exercises reported in this filing.
Insider Transaction Report
Form 4
Masters J Kent
DirectorChairman & CEO
Transactions
- Sale
Common Stock
[F1]2026-03-10$170.26/sh−5,395$918,553→ 141,016 total - Sale
Common Stock
[F2]2026-03-10$171.18/sh−5,392$923,003→ 135,624 total - Sale
Common Stock
[F3]2026-03-10$171.82/sh−996$171,133→ 134,628 total - Gift
Common Stock
[F4]2026-03-12$162.79/sh−30,716$5,000,258→ 103,912 total
Footnotes (4)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold by the reporting person for diversification and tax planning purposes in multiple transactions, at prices ranging from $169.63 to $170.62, inclusive. The reporting person undertakes to provide to Albemarle Corporation, any security holder of Albemarle Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The reporting person retains significant holdings in Albemarle stock, in excess of his required holdings under Albemarle stock ownership guidelines.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold by the reporting person for diversification and tax planning purposes in multiple transactions, at prices ranging from $170.63 to $171.57, inclusive. The reporting person undertakes to provide to Albemarle Corporation, any security holder of Albemarle Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The reporting person retains significant holdings in Albemarle stock, in excess of his required holdings under Albemarle stock ownership guidelines.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold by the reporting person for diversification and tax planning purposes in multiple transactions, at prices ranging from $171.67 to $171.89, inclusive. The reporting person undertakes to provide to Albemarle Corporation, any security holder of Albemarle Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The reporting person retains significant holdings in Albemarle stock, in excess of his required holdings under Albemarle stock ownership guidelines.
- [F4]For tax and estate planning purposes, these shares were transferred to an irrevocable trust over which the reporting person has no influence or control. The reporting person retains significant holdings in Albemarle stock, in excess of his required holdings under Albemarle stock ownership guidelines.
Signature
/s/ Corey E. Tanner, Attorney-in-fact|2026-03-12