Alcoa (AA) director updates Form 3/A, correcting indirect trust share count

Rhea-AI Filing Summary

Alcoa Corporation director reports indirect shareholdings via trust and corrects prior overreporting. The reporting person beneficially owns 8,562 shares of Alcoa common stock indirectly through a trust, with the position represented as CHESS Depositary Interests traded on the Australian Stock Exchange. A filing on August 9, 2024 inadvertently overstated his indirect common stock holdings by four shares, which also affected subsequent Forms 4 filed on August 14, 2024 and May 14, 2025.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Bevan John A

Role Director

Type	Security	Shares	Price	Value
holding	Common Stock, par value $0.01 per share	--	--	--

Holdings After Transaction: Common Stock, par value $0.01 per share — 8,562 shares (Indirect, By trust)

Footnotes (1)

1. Such shares are traded as CHESS Depositary Interests ("CDIs") on the Australian Stock Exchange (the "ASX"). CDIs represent a beneficial interest in one ordinary share of Alcoa Corporation held by CHESS Depositary Nominees Pty. Limited. On August 9, 2024, the reporting person filed a Form 3, which inadvertently overreported his indirect common stock holdings by four shares. This overstatement also impacted the reporting person's subsequent Form 4 filings on August 14, 2024 and May 14, 2025.

Understanding Insider Trading Forms →

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Bevan John A

(Last) (First) (Middle)

201 ISABELLA STREET

SUITE 500

(Street)

PITTSBURGH PA 15212

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
08/01/2024

3. Issuer Name and Ticker or Trading Symbol
Alcoa Corp [ AA ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)
08/09/2024

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock, par value $0.01 per share	8,562(1)(2)	I	By trust

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Such shares are traded as CHESS Depositary Interests ("CDIs") on the Australian Stock Exchange (the "ASX"). CDIs represent a beneficial interest in one ordinary share of Alcoa Corporation held by CHESS Depositary Nominees Pty. Limited.

2. On August 9, 2024, the reporting person filed a Form 3, which inadvertently overreported his indirect common stock holdings by four shares. This overstatement also impacted the reporting person's subsequent Form 4 filings on August 14, 2024 and May 14, 2025.

	/s/ Marissa P. Earnest, attorney-in-fact for John A. Bevan	01/30/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What does Alcoa (AA) director John A. Bevan report owning on this Form 3/A?

The filing reports that the director beneficially owns 8,562 shares of Alcoa common stock indirectly through a trust. These holdings are represented by CHESS Depositary Interests traded on the Australian Stock Exchange, each CDI corresponding to one ordinary Alcoa share held by CHESS Depositary Nominees.

How are Alcoa (AA) shares held by the reporting person in this Form 3/A?

The shares are held indirectly through a trust, not in the director’s own name. They are traded as CHESS Depositary Interests on the Australian Stock Exchange, each CDI representing a beneficial interest in one ordinary Alcoa Corporation share held by CHESS Depositary Nominees.

What correction does this Alcoa (AA) Form 3/A make to prior filings?

The amendment explains that a filing on August 9, 2024 inadvertently overreported the director’s indirect common stock holdings by four shares. This error also flowed through to subsequent Form 4 filings dated August 14, 2024 and May 14, 2025, which relied on that overstated figure.

What are CHESS Depositary Interests (CDIs) mentioned for Alcoa (AA)?

CHESS Depositary Interests are instruments traded on the Australian Stock Exchange that represent beneficial interests in underlying shares. In this case, each CDI reflects one ordinary Alcoa Corporation share held by CHESS Depositary Nominees Pty. Limited, giving the holder economic exposure to Alcoa stock.

Is the Alcoa (AA) director’s ownership on this Form 3/A direct or indirect?

The reported ownership is indirect, held through a trust rather than directly in the director’s personal account. The filing classifies the 8,562 common shares as indirectly owned, with the trust structure and CDI format defining how the economic interest in Alcoa stock is held and traded.