Form 4: Howmet Aerospace Executive Neil Edward Marchuk Reports Changes in Beneficial Ownership

Neil Edward Marchuk, EVP of HR at Howmet Aerospace Inc., reports changes in his beneficial ownership of company stock due to tax liability payments and stock awards.

Summary

• On May 10, 2024, Neil Edward Marchuk, EVP of HR at Howmet Aerospace Inc., reported changes in his beneficial ownership of the company's common stock.
• Marchuk disposed of 9,879 shares at $80.87 per share to cover tax liabilities related to vesting stock awards.
• He also disposed of 23,561 shares at $80.87 per share for tax liabilities.
• Marchuk acquired 54,173 shares through a stock award.
• Following these transactions, Marchuk directly owns 250,301 shares of Howmet Aerospace Inc. common stock.
• He also indirectly owns 10 shares through a revocable trust.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing primarily reports routine transactions related to stock awards and tax obligations.

Positives

• Marchuk acquired 54,173 shares through a stock award, indicating continued investment in the company's future.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and their impact on stock ownership.

Stakeholder Impact

• The transactions have a minimal impact on stakeholders as they are related to executive compensation and tax obligations.

Key Dates