Form 4: Howmet Aerospace Executive Neil Edward Marchuk Sells 45,000 Shares
SEC Form 4 Filing
EVP of HR at Howmet Aerospace, Neil Edward Marchuk, sold 45,000 shares of common stock on March 4, 2024.
Summary
- On March 4, 2024, Neil Edward Marchuk, EVP of HR at Howmet Aerospace Inc., sold 45,000 shares of common stock.
- The sale price was a weighted average of $67.4416 per share, with individual transactions ranging from $67.01 to $67.70.
- Following the transaction, Marchuk directly owns 229,568 shares of Howmet Aerospace Inc.
- Marchuk also indirectly owns 10 shares through a revocable trust where he is the trustee and beneficiary.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a routine stock sale by an executive. It doesn't inherently convey positive or negative sentiment about the company's prospects.
Industry Context
Executive stock sales are a common occurrence and are often related to personal financial planning rather than a reflection of the company's performance.
Stakeholder Impact
- The sale of shares by an executive could be perceived negatively by some shareholders, although it is a common practice.
Key Dates
| Date | Description |
|---|---|
| 03/04/2024 | Date of the stock sale transaction |
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