Form 4: Howmet Aerospace Inc. Executive Michael N. Chanatry Reports Acquisition of Restricted Share Units
SEC Form 4 Filing
Vice President Michael N. Chanatry of Howmet Aerospace Inc. reports the acquisition of 17,796 restricted share units.
Summary
- On February 5, 2025, Michael N. Chanatry, a Vice President at Howmet Aerospace Inc., acquired 17,796 shares of common stock.
- These shares were obtained through restricted share unit awards, which are subject to vesting and tax withholding.
- Following this transaction, Chanatry directly owns 175,849 shares of Howmet Aerospace Inc.
- Chanatry also indirectly owns 12,793 shares through the company's 401(k) plan.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing. It doesn't convey any positive or negative sentiment about the company's performance or prospects.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the holdings of company executives.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it aligns management's interests with the company's performance.
Key Dates
| Date | Description |
|---|---|
| 02/05/2025 | Date of transaction: Acquisition of common stock. |
| 02/07/2025 | Date of signature on the Form 4 filing. |
Keywords
Howmet Aerospace Inc., Michael N. Chanatry, restricted share units, Form 4, beneficial ownership, common stock, insider trading
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