Form 4: Alcoa Corp CEO William Oplinger Reports Share Withholding for Tax Obligations
SEC Form 4 Filing
William Oplinger, President, CEO & Director of Alcoa Corp, reports the withholding of shares to cover tax obligations related to vesting restricted stock units.
Summary
- On January 27, 2025, William F. Oplinger, President, CEO & Director of Alcoa Corp, had 3,353 shares of common stock withheld by the issuer to satisfy tax obligations upon the vesting of restricted stock units (RSUs) granted in 2022.
- The price per share for the withholding was $34.97.
- Following the transaction, Oplinger directly owns 190,466 shares of Alcoa Corp.
- Oplinger also indirectly owns 545 shares through the Company 401(k) Plan, with fluctuations reflecting the plan's unit reporting method.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to insider transactions, with no inherent positive or negative sentiment. It reflects routine compensation practices.
Industry Context
This filing is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minor impact on the total number of outstanding shares, but is unlikely to significantly affect shareholders.
Key Dates
| Date | Description |
|---|---|
| 01/27/2025 | Date of share withholding for tax obligations. |
| 01/29/2025 | Date of signature on the Form 4 filing. |
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