Form 4: Howmet Aerospace Inc. Executive Chanatry Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Vice President Michael Niem Chanatry of Howmet Aerospace Inc. reports disposing of 10,291 shares of common stock to cover tax liabilities related to vesting of a stock award.
Summary
- On May 5, 2025, Michael Niem Chanatry, a Vice President at Howmet Aerospace Inc., disposed of 10,291 shares of common stock.
- The transaction was executed to cover tax liabilities associated with the vesting of a stock award.
- The shares were disposed of at a price of $154.34 per share.
- Following the transaction, Chanatry directly owns 169,365 shares of Howmet Aerospace Inc. common stock.
- Chanatry also indirectly owns 12,803 shares through the company's 401(k) plan.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (disposal of shares for tax purposes). It doesn't indicate positive or negative sentiment, just a factual reporting of a transaction.
Industry Context
This is a routine Form 4 filing, indicating insider transactions. It is common for executives to sell shares to cover tax obligations related to stock awards.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 05/05/2025 | Date of stock disposal transaction |
| 05/07/2025 | Date of signature on the report |
Keywords
Form 4, Howmet Aerospace, Stock Disposal, Tax Liability, Insider Trading, Chanatry, HWM
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