Form 4: Alcoa Corp Executive Tammi A. Jones Reports Stock Sale
SEC Form 4 Filing
Tammi A. Jones, EVP & CHRO of Alcoa Corp, reported selling shares of common stock on March 13, 2024.
Summary
- On March 13, 2024, Tammi A. Jones, EVP & CHRO of Alcoa Corp, sold 26,468 shares of Alcoa Corp common stock at a weighted average price of $30.7761 per share.
- The shares were sold in multiple transactions with prices ranging from $30.7400 to $30.8000.
- Additionally, 1,440 shares were sold at $30.67.
- Following these transactions, Jones directly owns 41,166 shares and indirectly owns 9,265 shares through a spouse.
- Jones also has indirect ownership of 59 shares through the Company 401(k).
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine disclosure of stock sales by an executive, with no inherent positive or negative implications.
Industry Context
This is a standard Form 4 filing, indicating a change in beneficial ownership by a company insider. These filings are common and provide transparency into the trading activities of company executives.
Stakeholder Impact
- The stock sale by a company executive could be perceived negatively by some shareholders, but it's a common occurrence and doesn't necessarily indicate a lack of confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 03/13/2024 | Date of stock sale transactions |
| 03/15/2024 | Date of Form 4 filing |
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