Alcoa (AA) EVP & CHRO Tammi Jones reports new restricted stock unit awards

Rhea-AI Filing Summary

Alcoa Corporation executive Tammi A. Jones, EVP & CHRO, reported multiple stock awards on January 28, 2026. She acquired 9,340 and 1,870 shares of common stock at a price of $0.00 per share, reflecting restricted stock unit grants that vest over three years. Following these transactions, she beneficially owns 56,389 shares directly. Additional awards of 1,770 and 530 shares were recorded as indirectly owned by her spouse, bringing indirect spousal holdings to 11,931 shares, plus 60 shares held indirectly through a company 401(k) plan.

Insider Trade Summary

5 transactions reported

Mixed 5 txns

Insider Jones Tammi A

Role EVP & CHRO

Type	Security	Shares	Price	Value
Grant/Award	Common Stock, par value $0.01 per share	9,340	$0.00	--
Grant/Award	Common Stock, par value $0.01 per share	1,870	$0.00	--
Grant/Award	Common Stock, par value $0.01 per share	1,770	$0.00	--
Grant/Award	Common Stock, par value $0.01 per share	530	$0.00	--
holding	Common Stock, par value $0.01 per share	--	--	--

Holdings After Transaction: Common Stock, par value $0.01 per share — 54,519 shares (Direct); Common Stock, par value $0.01 per share — 11,401 shares (Indirect, By Spouse)

Footnotes (1)

1. Award of restricted stock units (RSUs), which are settled in stock upon vesting, and generally will vest ratably over a three-year period on the first, second, and third anniversary of the date of grant. Fluctuations in 401(k) share amounts reflect the plan's unit reporting method; units represent interests in the Company's stock fund.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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

OMB APPROVAL

OMB Number:			3235-0287
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hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Jones Tammi A

(Last) (First) (Middle)

201 ISABELLA STREET, SUITE 500

(Street)

PITTSBURGH PA 15212

(City) (State) (Zip)

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

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

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

3. Date of Earliest Transaction (Month/Day/Year)
01/28/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, par value $0.01 per share	01/28/2026		A		9,340(1)	A	$0.00	54,519	D
Common Stock, par value $0.01 per share	01/28/2026		A		1,870(1)	A	$0.00	56,389	D
Common Stock, par value $0.01 per share	01/28/2026		A		1,770(1)	A	$0.00	11,401	I	By Spouse
Common Stock, par value $0.01 per share	01/28/2026		A		530(1)	A	$0.00	11,931	I	By Spouse
Common Stock, par value $0.01 per share								60(2)	I	By Company 401(k)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Award of restricted stock units (RSUs), which are settled in stock upon vesting, and generally will vest ratably over a three-year period on the first, second, and third anniversary of the date of grant.

2. Fluctuations in 401(k) share amounts reflect the plan's unit reporting method; units represent interests in the Company's stock fund.

	/s/ Marissa P. Earnest, attorney-in-fact for Tammi A. Jones	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 4 (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 insider transaction did Alcoa (AA) report for Tammi A. Jones?

Alcoa reported that EVP & CHRO Tammi A. Jones received multiple stock awards on January 28, 2026. These include acquisitions of Alcoa common stock at $0.00 per share, reflecting equity compensation rather than open-market purchases.

How many Alcoa (AA) shares does Tammi A. Jones own after this Form 4?

After the reported transactions, Tammi A. Jones beneficially owns 56,389 Alcoa common shares directly. She also has 11,931 shares indirectly through her spouse and 60 shares indirectly via a company 401(k) plan.

What type of equity awards did Alcoa (AA) grant to Tammi A. Jones?

The filing states that the awards are restricted stock units (RSUs) that are settled in stock upon vesting. These RSUs generally vest ratably over a three-year period on the first, second, and third anniversaries of the grant date.

Were Tammi A. Jones’s Alcoa (AA) stock awards purchased in the market?

No, the reported acquisitions show a price of $0.00 per share, indicating equity compensation grants rather than market purchases. The Form 4 describes these as restricted stock units that convert into stock as they vest.

How are Tammi A. Jones’s indirect Alcoa (AA) holdings reported?

Indirect ownership includes Alcoa shares held By Spouse and through a company 401(k). The filing lists 11,401 and then 11,931 shares as indirectly owned by her spouse, and 60 shares as indirectly held via the 401(k) stock fund.

What does the Alcoa (AA) Form 4 say about 401(k) share fluctuations?

The footnote explains that fluctuations in 401(k) share amounts reflect the plan’s unit reporting method. These units represent interests in Alcoa’s stock fund rather than traditional share-by-share transactions in a brokerage account.