Form 4: Howmet Aerospace Inc. Executive Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Michael Niem Chanatry, a Vice President at Howmet Aerospace Inc., reported transactions involving common stock, including acquisitions and disposals to cover tax liabilities.
Summary
- On May 10, 2024, Michael Niem Chanatry, a Vice President of Howmet Aerospace Inc., reported transactions involving the company's common stock.
- Chanatry disposed of 2,763 shares at $80.87 per share to cover tax liabilities related to vesting stock awards.
- He also acquired 15,375 shares.
- Following these transactions, Chanatry directly owns 179,478 shares of Howmet Aerospace Inc.
- Additionally, Chanatry indirectly owns 8,643 shares through the company's 401(k) plan.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by an executive, with no inherent positive or negative sentiment. It's a neutral disclosure.
Industry Context
This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities and holdings in the company.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 05/10/2024 | Date of the reported stock transactions. |
| 05/14/2024 | Date of signature by Margaret Lam, Assistant Secretary (Attorney-in-Fact). |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.