Form 4: Alcoa Director Mary Anne Citrino Reports Acquisition of Common Stock
SEC Form 4 Filing
Director Mary Anne Citrino reports acquiring 4,017 shares of Alcoa Corp common stock on May 14, 2024.
Summary
- Mary Anne Citrino, a director of Alcoa Corp, filed a Form 4 on May 16, 2024, reporting a transaction.
- On May 14, 2024, she acquired 4,017 shares of Alcoa common stock at $0.00 per share.
- Following the transaction, Citrino directly owns 48,443 shares of Alcoa common stock.
- The filing also includes a Power of Attorney, effective April 29, 2024, authorizing several individuals to act on Citrino's behalf for SEC filings related to Alcoa securities.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing, indicating a neutral sentiment. It simply reports a transaction and doesn't convey any positive or negative outlook.
Positives
- The acquisition increases Citrino's stake in Alcoa, potentially signaling confidence in the company's future performance.
Future Outlook
The document does not contain any specific forward-looking statements regarding Alcoa's future performance.
Industry Context
This filing is a routine disclosure related to insider trading activity, which is common for publicly traded companies like Alcoa. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder sentiment, as it indicates a director's increased investment in the company.
Key Dates
| Date | Description |
|---|---|
| 2024-04-29 | Date of Power of Attorney execution. |
| 2024-05-14 | Date of stock acquisition. |
| 2024-05-16 | Date of Form 4 filing. |
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