Albemarle Corporation

05/08/2026 | Press release | Distributed by Public on 05/08/2026 14:42

Proxy Results, Management Change/Compensation (Form 8-K)

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
Albemarle Corporation published this content on May 08, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on May 08, 2026 at 20:42 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]