Form 4: Alcoa Corp Executive Renee Henry Reports Share Withholding for Tax Obligations
SEC Form 4 Filing
Alcoa Corp's SVP & Controller, Renee Henry, reports the withholding of shares to cover tax obligations related to vested restricted stock units.
Summary
- On January 27, 2025, Renee Henry, SVP & Controller of Alcoa Corp, reported a transaction involving common stock.
- The transaction involved the withholding of 621 shares to satisfy tax obligations upon the vesting of restricted stock units (RSUs) granted in 2022.
- The price per share was $34.97.
- Following the transaction, Henry directly owns 8,950 shares of Alcoa Corp common stock.
Sentiment
Score: 5
Explanation: This is a neutral filing related to standard executive compensation practices and does not inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard process of withholding shares to cover tax obligations upon the vesting of RSUs, a common form of executive compensation.
Key Dates
| Date | Description |
|---|---|
| 2022 | Year the restricted stock units (RSUs) were granted. |
| 01/27/2025 | Date of the transaction (stock withholding). |
| 01/29/2025 | Date of signature on the Form 4 filing. |
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