Form 4: Howmet Aerospace EVP and CFO Ken Giacobbe Reports Share Transactions

Ken Giacobbe, EVP and CFO of Howmet Aerospace, reports the acquisition and disposal of common stock and restricted share units.

Summary

• On February 5, 2025, Ken Giacobbe, the EVP and CFO of Howmet Aerospace Inc. [HWM], reported transactions involving the company's common stock.
• Giacobbe acquired 51,769 shares of common stock at $0, representing earned restricted share unit awards subject to vesting and tax withholding.
• He also disposed of 968 shares of common stock held indirectly through the company's 401(k) plan.
• Following these transactions, Giacobbe directly owns 206,904 shares of Howmet Aerospace common stock.

Sentiment

Score: 5

Explanation: This is a neutral filing reporting standard insider transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

This filing is a routine disclosure of insider transactions, which are common occurrences for executives of publicly traded companies. These transactions can be influenced by factors such as vesting schedules, tax planning, and personal financial decisions.

Stakeholder Impact

• The transactions reported may have a minor impact on shareholders due to the change in beneficial ownership by a key executive.

Key Dates

Keywords

Howmet Aerospace, Ken Giacobbe, Form 4, Share Transactions, Restricted Share Units, Common Stock, Beneficial Ownership, EVP, CFO