Form 4: Alcoa EVP Sells Shares for Tax Obligations

Alcoa's EVP & General Counsel, Andrew Hastings, disposed of 1,736 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), reported a transaction involving company common stock.
• On January 29, 2026, Hastings disposed of 1,736 shares of Alcoa common stock.
• The transaction was coded 'F', indicating the withholding of shares by the issuer to satisfy the reporting person's tax obligations.
• The shares were disposed of at a price of $60.64 per share.
• This disposition was related to the vesting of restricted stock units (RSUs) that were granted in 2025.
• Following this transaction, Andrew Hastings beneficially owns 43,532 shares of Alcoa common stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as it represents a routine, non-discretionary transaction by an executive to cover tax obligations upon RSU vesting, rather than a discretionary sale or purchase.

Positives

• The underlying restricted stock units (RSUs) granted in 2025 have vested, indicating a successful milestone for the executive's equity compensation.

Negatives

• A reduction in the direct beneficial ownership of Alcoa common stock by 1,736 shares for the EVP & General Counsel.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding Alcoa's future performance or strategic direction.

Industry Context

StockSavvy.ai notes that this Form 4 filing details a routine insider transaction, specifically a non-discretionary sale of shares to cover tax liabilities upon the vesting of restricted stock units. Such transactions are common for executives receiving equity-based compensation and are generally not indicative of management's sentiment towards the company's future prospects or a significant shift in industry trends.

Stakeholder Impact

• Shareholders: Minimal impact, as this is a routine, non-discretionary transaction by an executive to cover tax obligations, not a signal of changing company fundamentals or executive confidence.

Key Dates

Keywords

Alcoa, AA, Insider Transaction, Form 4, Stock Sale, RSU Vesting, Tax Withholding, Executive Compensation