4/A: Howmet Aerospace Director Amends Stock Ownership Filing to Correct Clerical Error
Insider Transaction Amendment
Howmet Aerospace Inc. Director Robert F. Leduc filed an amended Form 4 to correct a clerical error regarding the acquisition of 44 common shares on April 2, 2025, adjusting his total beneficial ownership to 33,970 shares.
Summary
- This document is an amendment (Form 4/A) to a previously filed Form 4.
- The filing was made by Robert F. Leduc, a Director of Howmet Aerospace Inc. (HWM).
- The amendment corrects a clerical error in reporting the number of deferred restricted share units (RSUs) acquired on April 2, 2025.
- The transaction involved the acquisition of 44 shares of Howmet Aerospace Common Stock.
- The acquisition price for these shares was $133.9 per share.
- Following this correction, Mr. Leduc's direct beneficial ownership of Howmet Aerospace Common Stock is 33,970 shares.
Sentiment
Score: 5
Explanation: The filing is a routine amendment to correct a clerical error in an insider transaction report, indicating standard compliance procedures without significant positive or negative operational or financial implications for the company.
Positives
- The filing demonstrates the company's and its insiders' commitment to accurate and compliant reporting with SEC regulations.
Negatives
- The need for an amendment indicates an initial clerical error in the previous filing, though this is a minor issue.
Risks
- No new risks are introduced by this amendment; it is a correction of a reporting detail.
Future Outlook
This document is a compliance filing correcting a past transaction and does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.
Management Comments
- The filing was signed by Margaret Lam, Assistant Secretary (Attorney-in-Fact) for Robert F. Leduc.
Industry Context
This Form 4/A filing is a routine insider transaction report and correction, which is standard practice for publicly traded companies. It does not provide insights into broader industry trends or competitive dynamics, focusing solely on an individual director's share ownership adjustment.
Related Party Transactions
- The document details a correction to a previously reported acquisition of shares by a director, which is an insider transaction.
Stakeholder Impact
- Shareholders: Provides updated, accurate information on a director's beneficial ownership, ensuring transparency.
- Regulatory Authorities: Fulfills SEC reporting requirements for insider transactions.
Key Dates
| Date | Description |
|---|---|
| 04/02/2025 | Date of the reported transaction (acquisition of 44 common shares). |
| 04/03/2025 | Date of the original Form 4 filing that is being amended. |
| 06/23/2025 | Date this amended Form 4/A was filed. |
Keywords
Howmet Aerospace, HWM, SEC Form 4/A, Insider Transaction, Beneficial Ownership, Stock Acquisition, Director, Clerical Error, Compliance
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