Form 4: Howmet Aerospace EVP and CFO Ken Giacobbe Reports Stock Transaction
SEC Form 4 Filing
Ken Giacobbe, EVP and CFO of Howmet Aerospace Inc., reports the disposition of 43,679 shares of common stock to cover tax liabilities.
Summary
- On May 5, 2025, Ken Giacobbe, the EVP and CFO of Howmet Aerospace Inc., reported a transaction involving the company's common stock.
- Giacobbe disposed of 43,679 shares of common stock at a price of $154.34 per share to cover tax liabilities associated with the vesting of a stock award.
- Following the transaction, Giacobbe directly owns 169,079 shares of Howmet Aerospace Inc.
- Giacobbe also indirectly owns 969 shares through the Company 401(k) Plan.
Sentiment
Score: 5
Explanation: This is a neutral report of a routine transaction. It doesn't indicate positive or negative sentiment about the company's performance.
Industry Context
This is a routine Form 4 filing, which is common for corporate insiders who have transactions in their company's stock. It provides transparency to the market regarding insider activity.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 05/05/2025 | Date of stock transaction |
| 05/07/2025 | Date of signature on the report |
Keywords
Howmet Aerospace, Ken Giacobbe, Stock Transaction, Form 4, EVP and CFO, Tax Liability, Common Stock, Insider Trading
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