Form 4: Howmet Aerospace VP Chanatry Reports Stock Transfer
SEC Form 4 Filing
Vice President Michael Niem Chanatry reports the transfer of phantom stock units into an alternative investment account under the Howmet Aerospace Deferred Compensation Plan.
Summary
- Michael Niem Chanatry, a Vice President at Howmet Aerospace Inc., reported a transaction involving the transfer of phantom stock units.
- On September 5, 2024, Chanatry transferred 53,401 phantom stock units into an alternative investment account under the Howmet Aerospace Deferred Compensation Plan.
- Following the transaction, Chanatry directly owns 158,053 shares of Howmet Aerospace common stock and indirectly owns 8,845 shares through the Company 401(k) Plan.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a transaction, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure related to executive compensation and investment management, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders as it involves internal transfers within a deferred compensation plan.
Key Dates
| Date | Description |
|---|---|
| 09/05/2024 | Date of the phantom stock unit transfer and common stock transaction |
| 09/09/2024 | Date of signature by Attorney-in-Fact |
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