Form 4: Howmet Aerospace VP Chanatry Boosts Stake

Howmet Aerospace Vice President Michael Chanatry was awarded 16,764 restricted share units, increasing his beneficial ownership to 186,129 shares.

Summary

• Michael Niem Chanatry, Vice President and Director of Howmet Aerospace Inc., acquired 16,764 shares of Common Stock.
• The acquisition occurred on February 3, 2026, through earned restricted share unit awards.
• These restricted share units are subject to vesting and tax withholding upon vesting.
• Following this transaction, Chanatry's beneficial ownership in Howmet Aerospace Inc. totals 186,129 shares of Common Stock.
• The transaction was made pursuant to a contract, instruction, or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive signal, as it increases insider ownership and aligns executive incentives with long-term company performance, without indicating any immediate operational or financial changes.

Positives

• Increased beneficial ownership by a key executive, Michael Chanatry, aligning management interests with long-term shareholder value.
• The award of restricted share units serves as a component of executive compensation, indicating ongoing retention and incentive for a Vice President.

Negatives

• NA

Risks

• NA

Future Outlook

NA

Management Comments

• NA

Industry Context

StockSavvy.ai notes that the award of restricted share units to executives is a common practice across industries, particularly in manufacturing and aerospace, designed to align management's long-term interests with shareholder value creation and to retain key talent.

Comparison to Industry Standards

• Executive compensation through equity awards, such as Restricted Share Units (RSUs), is a standard practice across publicly traded companies, including peers in the aerospace and manufacturing sectors like RTX Corporation or General Electric (GE Aerospace).
• The grant of 16,764 RSUs to a Vice President is consistent with typical executive incentive structures designed to align management's long-term interests with shareholder value creation.

Management Changes

Corporate Governance

Legal Proceedings

• NA

Related Party Transactions

• NA

Stakeholder Impact

• Shareholders: Increased alignment of executive interests with long-term shareholder value.
• Employees (specifically Michael Chanatry): Receipt of equity compensation as part of their remuneration package.

Next Steps

• The restricted share unit awards are subject to vesting and tax withholding upon vesting.

Key Dates

Keywords

Howmet Aerospace, HWM, insider transaction, Form 4, restricted stock units, RSU, executive compensation, beneficial ownership, Rule 10b5-1