Form 4: Howmet Aerospace Executive Neil Edward Marchuk Sells 32,614 Shares
SEC Form 4
EVP of HR at Howmet Aerospace, Neil Edward Marchuk, sold 32,614 shares of common stock at an average price of $84.2621 on June 3, 2024.
Summary
- On June 3, 2024, Neil Edward Marchuk, EVP of HR at Howmet Aerospace Inc., sold 32,614 shares of common stock.
- The sale was executed at a weighted average price of $84.2621 per share.
- The prices ranged from $84.16 to $84.38.
- Following the transaction, Marchuk directly owns 217,687 shares of Howmet Aerospace Inc.
- Marchuk also indirectly owns 10 shares through a revocable trust.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard Form 4 filing indicating an executive's stock sale. The sale itself doesn't necessarily indicate a positive or negative outlook.
Industry Context
This is a routine disclosure of insider trading activity. It is important to monitor such filings to understand the sentiment of company executives regarding the company's stock.
Stakeholder Impact
- The sale of shares by an executive could be perceived negatively by shareholders if interpreted as a lack of confidence in the company's future, although this is a relatively small transaction.
Key Dates
| Date | Description |
|---|---|
| 06/03/2024 | Date of transaction: Neil Edward Marchuk sold 32,614 shares of Howmet Aerospace Inc. |
| 06/04/2024 | Date of report filing. |
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