SEC FORM 4 SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
 
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Scannell John

(Last) (First) (Middle)
C/O ALBANY INTERNATIONAL CORP.
216 AIRPORT DRIVE, UNIT 1

(Street)
ROCHESTER NH 03867

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ALBANY INTERNATIONAL CORP /DE/ [ AIN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
05/10/2024
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Rule 10b5-1(c) Transaction Indication

  
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 19,527(1) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Deferred Restricted Stock Units(2) (2) 05/10/2024 A 1,519 01/01/2034(2)(3) (2)(3) Class A Common Stock 1,519 $0(2) 1,519 D
Explanation of Responses:
1. Includes 540 shares acquired pursuant to a dividend reinvestment plan.
2. 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.
3. 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.
Kathleen M. Tyrrell, Attorney-in-Fact 05/14/2024
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
AUTHORIZATION TO SIGN SEC FORMS 3 AND 4 AND
NOTICE OF PROPOSED SALE OF SECURITIES (FORM 144)


The undersigned, as an officer and/or director of
Albany International Corp., a Delaware corporation
("the Company"), hereby authorizes CHARLES J. SILVA,
JR., JOSEPH M. GAUG AND KATHLEEN M. TYRRELL, and
each of them with full power to act without the
others, to sign and file, or cause to be filed,
on behalf of the undersigned, any forms and other
documents, including without limitation, Forms
3 and 4 or any other forms hereafter substitute
therefor, required or permitted to be filed by
the undersigned pursuant to Section 16(a)
of the Securities Exchange Act of 1934, as
amended, or rules or regulations promulgated
thereunder, and Notice of Proposed Sale of
Securities pursuant to Rule 144 under the
Securities Act of 1933.

The authorization of a person named above shall
automatically terminate at such time as such
person ceases to be an employee of the Company.
The undersigned may terminate the authorization
of any such person at any time by delivering
written notice of termination to the Company.




Date  February 16, 2012
/s/ John Scannell