Form 4: Howmet Aerospace Inc. Executive Shultz Reports Stock Transactions
SEC Form 4 Filing
Barbara Lou Shultz, Vice President and Controller of Howmet Aerospace Inc., reports acquisition and disposal of common stock related to tax liability from vesting stock awards.
Summary
- On May 10, 2024, Barbara Lou Shultz, Vice President and Controller of Howmet Aerospace Inc., reported transactions involving the company's common stock.
- Shultz disposed of 835 shares at a price of $80.87 per share to cover tax liabilities related to vesting stock awards.
- Additionally, Shultz disposed of 1,329 shares at a price of $80.87 per share for the same reason.
- Shultz also acquired 3,052 shares of common stock.
- Following these transactions, Shultz directly owns 22,332 shares of Howmet Aerospace Inc. common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports stock transactions related to tax obligations, which is a normal part of executive compensation.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key personnel and their holdings in the company.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders as they are related to individual tax obligations of an executive.
Key Dates
| Date | Description |
|---|---|
| 05/10/2024 | Date of stock transactions (acquisition and disposal). |
| 05/14/2024 | Date of signature for the Form 4 filing. |
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.