---
schema_version: "secwatch.filing_event.v1"
accession: "0000819793-24-000018"
form_type: "8-K"
ticker: "AIN"
cik: "0000819793"
company_name: "ALBANY INTERNATIONAL CORP /DE/"
filed_at: "2024-02-29T23:59:59+00:00"
generated_at: "2026-06-05T07:37:13.924187+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Albany International approves 2024 executive bonus and RSU awards under 2023 Plan

## Summary
- Annual Performance Bonus target cash amounts: Kleveland $927K, Starr $410.97K, Halftermeyer $359.8K, Harwell $392.8K, Gaug $293.5K.
- Multi-Year Performance Bonus target shares: Kleveland 10,131 shares, Starr 4,812, Halftermeyer 4,494, Harwell 4,007, Gaug 2,714.
- Restricted Stock Unit target shares for named executives identical to Multi-Year Bonus target shares.
- Awards are the first granted under the 2023 Incentive Plan; performance metrics include adjusted EBITDA, cash flow, safety, and compliance.

## SEC filing metadata
- accession: 0000819793-24-000018
- form_type: 8-K
- ticker: AIN
- cik: 0000819793
- company_name: ALBANY INTERNATIONAL CORP /DE/
- filed_at: 2024-02-29T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/819793/000081979324000018/0000819793-24-000018-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/819793/000081979324000018/ain-20240229.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000819793-24-000018
- JSON: https://secwatch.observer/filing/0000819793-24-000018.json
- Plain text: https://secwatch.observer/filing/0000819793-24-000018.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.