Form 4: Howmet Aerospace Vice President Acquires 25,000 Shares of Common Stock
SEC Form 4 Filing
Michael Niem Chanatry, a Vice President at Howmet Aerospace Inc., acquired 25,000 shares of common stock on April 15, 2024.
Summary
- On April 15, 2024, Michael Niem Chanatry, a Vice President of Howmet Aerospace Inc., acquired 25,000 shares of common stock.
- The acquisition was a direct transaction, with the price per share listed as $0.
- Following the transaction, Chanatry directly owns 173,457 shares of Howmet Aerospace Inc.
- Chanatry also indirectly owns 8,573 shares through the company's 401(k) plan.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of an insider transaction. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, required by the SEC to ensure transparency and prevent insider trading. It provides information about the trading activities of company officers.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder confidence, as it indicates that a company officer is investing in the company's stock.
Key Dates
| Date | Description |
|---|---|
| 04/15/2024 | Date of the transaction where Michael Niem Chanatry acquired 25,000 shares of common stock. |
| 04/16/2024 | Date of signature by Margaret Lam, Assistant Secretary (Attorney-in-Fact). |
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