Form 4: Century Aluminum CEO Jesse Gary Sells 60,000 Shares

Jesse E. Gary, President and CEO of Century Aluminum Co, sold 60,000 shares of common stock at an average price of $16.21 on June 26, 2024.

Summary

• On June 26, 2024, Jesse E. Gary, the President and CEO of Century Aluminum Co, sold 60,000 shares of the company's common stock.
• The shares were sold at a weighted average price of $16.21, with individual transaction prices ranging from $15.81 to $16.44.
• Following the transaction, Gary directly owns 356,164 shares, which includes unvested TVSUs granted under the company's Long-Term Incentive Plans.
• Gary also indirectly owns 62,447 shares through a self-settled, revocable trust where he serves as trustee.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a stock sale by an executive. It doesn't inherently convey positive or negative sentiment, but the market's reaction to the sale could influence sentiment.

Industry Context

Executive stock sales are a common occurrence and are often scrutinized by investors for insights into a company's prospects. It's important to consider the context of the sale, such as the executive's overall holdings and any stated reasons for the transaction.

Stakeholder Impact

• Shareholders may react to the news of the CEO's stock sale, potentially impacting the stock price.
• The sale could be perceived as a lack of confidence in the company's future prospects, although it could also be for personal financial reasons.

Key Dates