Form 4: Alcoa CEO Oplinger's Stock Withholding for Tax Obligations

Alcoa CEO William F. Oplinger reported the withholding of 21,078 shares of common stock to cover tax obligations related to the vesting of restricted stock units.

Summary

• William F. Oplinger, President, CEO & Director of Alcoa Corp (AA), reported a transaction on January 26, 2026.
• The transaction involved the disposition of 21,078 shares of Alcoa Common Stock, par value $0.01 per share, at a price of $58.55 per share.
• This disposition was a withholding of shares by the issuer to satisfy Mr. Oplinger's tax obligations upon the vesting of restricted stock units (RSUs) granted in 2023 and 2024.
• Following this transaction, Mr. Oplinger directly beneficially owns 277,118 shares of Common Stock.
• Additionally, Mr. Oplinger indirectly beneficially owns 543 shares through the Company's 401(k) Plan, with fluctuations reflecting the plan's unit reporting method.

Sentiment

Score: 5

Explanation: The filing reports a routine, non-discretionary insider transaction (tax withholding upon RSU vesting), which is generally neutral in its immediate impact on company sentiment.

Positives

• The transaction signifies the vesting of restricted stock units (RSUs) granted in 2023 and 2024, indicating the executive's continued equity compensation and retention.

Negatives

• The disposition of 21,078 shares reduces the executive's direct beneficial ownership, although it is a non-discretionary event to cover tax obligations.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine, non-discretionary tax-related transaction by an executive, not a discretionary sale.

Key Dates

Keywords

Alcoa, AA, William F. Oplinger, SEC Form 4, Insider Transaction, Restricted Stock Units, RSU Vesting, Tax Withholding, Beneficial Ownership