---
schema_version: "secwatch.filing_event.v1"
accession: "0000915913-23-000048"
form_type: "8-K"
ticker: "ALB"
cik: "0000915913"
company_name: "ALBEMARLE CORP"
filed_at: "2023-02-24T23:59:59+00:00"
generated_at: "2026-06-19T01:13:26.877743+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Albemarle adopts revised equity award forms; CEO Masters' 2023 awards vest Dec 31, 2025 or upon successor start

## Summary
- Adopted revised forms of stock option, PSU, RSU, and special RSU award agreements under 2017 Incentive Plan.
- CEO Kent Masters' 2023 awards (options, PSUs, RSUs) vest fully on Dec 31, 2025 or earlier if a successor CEO commences.
- Upon Qualifying Termination Event before vesting, Masters' options and RSUs vest in full; PSUs vest based on actual performance or at target for death/disability.
- Revised agreements include standard change-in-control, recoupment, and non-compete provisions.

## SEC filing metadata
- accession: 0000915913-23-000048
- form_type: 8-K
- ticker: ALB
- cik: 0000915913
- company_name: ALBEMARLE CORP
- filed_at: 2023-02-24T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/915913/000091591323000048/0000915913-23-000048-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/915913/000091591323000048/alb-20230223.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000915913-23-000048
- JSON: https://secwatch.observer/filing/0000915913-23-000048.json
- Plain text: https://secwatch.observer/filing/0000915913-23-000048.txt

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