Form 8-K
8-K — ALBEMARLE CORP
Accession: 0000915913-26-000075
Filed: 2026-05-08
Period: 2026-05-05
CIK: 0000915913
SIC: 2821 (PLASTICS, MATERIALS, SYNTH RESINS & NONVULCAN ELASTOMERS)
Item: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
Item: Submission of Matters to a Vote of Security Holders
Item: Financial Statements and Exhibits
Documents
8-K — alb-20260505.htm (Primary)
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8-K
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_________________________________
FORM 8-K
_________________________________
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 5, 2026
_________________________________
ALBEMARLE CORPORATION
(Exact name of registrant as specified in charter)
_________________________________
Virginia 001-12658 54-1692118
(State or other jurisdiction
of incorporation) (Commission
File Number) (IRS Employer
Identification No.)
4250 Congress Street, Suite 900
Charlotte, North Carolina 28209
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (980) 299-5700
Not applicable
(Former name or former address, if changed since last report.)
_________________________________
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a- 12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class Trading Symbol Name of each exchange on which registered
COMMON STOCK, $.01 Par Value ALB New York Stock Exchange
DEPOSITARY SHARES, each representing a 1/20th interest in a share of 7.25% Series A Mandatory Convertible Preferred Stock ALB PR A New York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR 240.12b-2).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
As reported in Item 5.07 below, the shareholders of Albemarle Corporation (the "Company") approved the Albemarle Corporation 2026 Incentive Plan (the "Plan"), at the Annual Meeting of Shareholders held on May 5, 2026 (the “Annual Meeting”). The Plan had been previously approved by the Company's Board of Directors on February 26, 2026, subject to shareholder approval. The Plan is intended to replace the Company’s 2017 Incentive Plan. Any equity awards granted to our employees or former employees serving as consultants on or after the date of the Annual Meeting will be issued pursuant to the Plan.
A description of the terms and conditions of the Plan is set forth in Proposal 5 of the Company’s Definitive Proxy Statement, as filed with the Securities and Exchange Commission on March 24, 2026 (the “Proxy Statement”), and is incorporated by reference herein.
This summary does not purport to be complete and is subject to, and qualified in its entirety by, the full text of the Plan, a copy of which is included as Exhibit B to the Proxy Statement and is incorporated by reference into this Item 5.02.
Item 5.07 Submission of Matters to a Vote of Security Holders.
On May 5, 2026, the Company held its Annual Meeting. The proposals listed below were submitted to a vote of the shareholders through the solicitation of proxies. The proposals are described in the Proxy Statement filed by the Company on March 24, 2026. The voting results for each proposal are set forth below.
As of the record date for the Annual Meeting, March 11, 2026, there were 117,886,887 shares of common stock outstanding and entitled to vote, of which the holders of 99,397,859 shares of common stock were represented in person or by proxy at the Annual Meeting.
Proposal 1. Election of directors. By the votes set forth in the table below, the shareholders elected all of the nominees for director to serve for a term expiring at the annual meeting of shareholders in 2027.
Nominees Voted For Voted Against Abstain Broker Non-Votes
M. Lauren Brlas 86,159,190 649,819 143,884 12,444,966
Michelle T. Collins 86,435,296 447,098 70,499 12,444,966
Ralf H. Cramer 86,345,735 548,889 58,269 12,444,966
J. Kent Masters, Jr. 81,953,573 4,950,771 48,549 12,444,966
Glenda J. Minor 85,936,119 872,046 144,728 12,444,966
Diarmuid B. O'Connell 85,512,899 1,370,213 69,781 12,444,966
Gerald A. Steiner 83,549,488 3,333,275 70,130 12,444,966
Holly A. Van Deursen 86,264,837 547,565 140,491 12,444,966
Mark R. Widmar 86,410,387 485,267 57,239 12,444,966
Alejandro D. Wolff 85,164,913 1,733,744 54,236 12,444,966
Proposal 2. Advisory vote on executive compensation. By the votes set forth below, the shareholders approved, on a non-binding advisory basis, the compensation of the Company’s named executive officers, as set forth in the Proxy Statement.
Voted For Voted Against Abstain Broker Non-Votes
82,754,234 3,958,425 240,234 12,444,966
Proposal 3. Ratification of appointment of independent registered public accounting firm. By the votes set forth below, the shareholders ratified the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026.
Voted For Voted Against Abstain Broker Non-Votes
93,637,785 5,699,189 60,885
N/A
Proposal 4. Amendment to the Articles of Incorporation. By the votes set forth below, shareholders did not approve the amendment of the Company’s Articles of Incorporation to remove supermajority provisions related to affiliated transactions.
Voted For Voted Against Abstain Broker Non-Votes
86,504,791 348,442 99,660 12,444,966
Proposal 5. Approval of the Albemarle Corporation 2026 Incentive Plan. By the votes set forth below, the shareholders approved the Albemarle Corporation 2026 Incentive Plan.
Voted For Voted Against Abstain Broker Non-Votes
83,042,598 3,792,529 117,766 12,444,966
Proposal 6. Shareholder proposal. By the votes set forth below, the shareholders approved the shareholder proposal regarding shareholder’ ability to call a special meeting.
Voted For Voted Against Abstain Broker Non-Votes
49,792,714 36,749,680 410,499 12,444,966
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
Exhibit
Number Exhibit
10.1
Albemarle Corporation 2026 Incentive Plan [filed as Exhibit B to the Company’s Definitive Proxy Statement filed on March 24, 2026, and incorporated herein by reference].
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
ALBEMARLE CORPORATION
Date: May 8, 2026
By: /s/ Ander C. Krupa
Ander C. Krupa
Senior Vice President, General Counsel and Corporate Secretary
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Title of 12(b) Security
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