Form 4: Alcoa Corp Director Pasquale Fiore Reports Acquisition of 4,017 Shares

Director Pasquale Fiore reported acquiring 4,017 shares of Alcoa Corp common stock on May 14, 2024.

Summary

• Pasquale Fiore, a director of Alcoa Corp, filed a Form 4 with the SEC on May 16, 2024.
• The report details a transaction on May 14, 2024, where Mr. Fiore acquired 4,017 shares of Alcoa Corp common stock at $0.00 per share.
• Following the transaction, Mr. Fiore directly owns 32,539 shares of Alcoa Corp.
• Mr. Fiore has also granted power of attorney to Andrew Hastings, Marissa P. Earnest, Megan C. Yancey, Mary A. Vogel, Lynne Thomas, and any Assistant Secretary of the Company to handle SEC filings related to Alcoa Corp securities.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral. It simply reports a transaction.

Positives

• The director's increased stake in the company could be interpreted as a sign of confidence in Alcoa's future prospects.

Future Outlook

There is no future outlook information provided in this document.

Industry Context

This filing is a routine disclosure related to insider trading and is a standard practice for directors and officers of publicly traded companies. It provides transparency to investors regarding the ownership of company stock by its leadership.

Comparison to Industry Standards

• Form 4 filings are standard practice for corporate insiders and are comparable across all publicly traded companies.
• The information provided allows investors to track insider activity, which can be a useful signal, although not definitive, of company performance.

Stakeholder Impact

• The transaction may have a minor impact on shareholders as it provides information about insider activity.

Key Dates