4/A: Howmet Aerospace EVP and CFO Ken Giacobbe Reports Stock Transaction Amendment
SEC Filing
Ken Giacobbe, EVP and CFO of Howmet Aerospace, files an amendment to a previous Form 4, correcting the number of shares withheld for tax liability and the number of shares held directly.
Summary
- Ken Giacobbe, the EVP and CFO of Howmet Aerospace, filed an amended Form 4 with the SEC.
- The amendment corrects the calculation of shares withheld for tax liability related to the vesting of restricted stock units.
- It also corrects the number of shares directly held by Giacobbe following the transaction.
- On May 5, 2025, 30,473 shares of common stock were disposed of at a price of $154.34 to cover tax liabilities.
- Following the transaction, Giacobbe directly owns 182,285 shares of common stock and indirectly owns 969 shares through the Company 401(k) Plan.
Sentiment
Score: 5
Explanation: This is a routine filing related to stock transactions for tax purposes, so the sentiment is neutral.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to investors.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive stock transactions.
Key Dates
| Date | Description |
|---|---|
| 05/05/2025 | Date of the stock transaction where shares were disposed of to cover tax liabilities. |
| 05/07/2025 | Date of original filing that was amended. |
| 05/09/2025 | Date of the amended filing. |
Keywords
Form 4, Howmet Aerospace, Ken Giacobbe, Stock Transaction, Amendment, SEC Filing, Beneficial Ownership, Executive Compensation, Tax Liability, Restricted Stock Units
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