Form 4: Alcoa EVP Hastings Sells Shares for Tax Obligations
Insider Transaction Report
Alcoa's Executive Vice President and General Counsel, Andrew Hastings, disposed of 1,758 shares of common stock to cover tax obligations related to RSU vesting.
Summary
- Andrew Hastings, Executive Vice President and General Counsel of Alcoa Corp (AA), disposed of 1,758 shares of common stock.
- The transaction occurred on January 26, 2026, with the shares valued at $58.55 each.
- This disposition represents the withholding of shares by Alcoa to satisfy tax obligations upon the vesting of restricted stock units (RSUs) that were granted in 2024.
- Following this transaction, Andrew Hastings beneficially owns 34,058 shares of Alcoa common stock.
Sentiment
Score: 5
Explanation: The transaction is a routine tax withholding upon RSU vesting, which is a neutral event and does not indicate any change in company fundamentals or management's view of the stock.
Stakeholder Impact
- Minimal impact on shareholders as this is a routine tax-related transaction by an executive, not a discretionary sale or purchase indicating a change in sentiment.
Key Dates
| Date | Description |
|---|---|
| 2024 | Year Restricted Stock Units (RSUs) were granted to Andrew Hastings. |
| 01/26/2026 | Date of transaction where shares were disposed for tax obligations. |
| 01/28/2026 | Date the Form 4 was signed by Andrew Hastings' attorney-in-fact. |
Keywords
Alcoa, AA, Andrew Hastings, Form 4, Insider Transaction, Restricted Stock Units, RSU Vesting, Tax Withholding, Executive Compensation
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.