Form 4: Howmet Aerospace Director Ulrich Schmidt Reports Stock Acquisition and Disposal
SEC Form 4 Filing
Director Ulrich Schmidt reports acquiring and disposing of Howmet Aerospace Inc. (HWM) common stock on May 24, 2024.
Summary
- On May 24, 2024, Ulrich Schmidt, a director of Howmet Aerospace Inc. (HWM), reported a transaction involving the company's common stock.
- Schmidt acquired 1,889 shares of common stock.
- Schmidt also disposed of 56,800 shares of common stock.
- Following the reported transactions, Schmidt beneficially owns 56,800 shares of Howmet Aerospace Inc.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock transactions by a company director. The acquisition and disposal could have various motivations and don't necessarily indicate a positive or negative outlook.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. These transactions are closely monitored by investors for insights into management's perspective on the company's value and future prospects.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the actions of a company director.
Key Dates
| Date | Description |
|---|---|
| 05/24/2024 | Date of stock transaction (acquisition and disposal). |
| 05/29/2024 | Date of signature on the Form 4 filing. |
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