Alcoa (NYSE: AA) legal chief sells 6,000 shares in August trade
Rhea-AI Filing Summary
Alcoa Corp (AA) executive Andrew Hastings, EVP & General Counsel, sold 6,000 shares of common stock on 2026-08-17 in an open-market transaction. The sale was executed at a weighted average price of $50.902 per share, with individual trade prices ranging from $50.85 to $50.99. Following this transaction, Hastings directly holds 37,532 shares of Alcoa common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 6,000 shares
Net Sell
1 txn
Insider
Hastings Andrew
Role
EVP & Gen. Counsel
Sold
6,000 shs ($305K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, par value $0.01 per share F1 | 6,000 | $50.902 | $305K |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 37,532 shares (Direct)
Footnotes (1)
- F1. The price reported in column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $50.8500 - $50.9900. The reporting person undertakes to provide to Alcoa Corporation, any security holder of Alcoa Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range set forth in this footnote.
Key Figures
Shares sold: 6,000 shares
Weighted average sale price: $50.902 per share
Sale price range: $50.85 - $50.99 per share
+2 more
5 metrics
Shares sold
6,000 shares
Common stock sale on 2026-08-17
Weighted average sale price
$50.902 per share
Average price for 6,000-share sale on 2026-08-17
Sale price range
$50.85 - $50.99 per share
Range of prices for multiple trades in the reported sale
Approximate transaction value
$305,412
6,000 shares sold at a weighted average of $50.902
Shares owned after transaction
37,532 shares
Direct holdings of Andrew Hastings following the sale
Key Terms
weighted average price, par value, open market
3 terms
weighted average price financial
"The price reported in column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
par value financial
"Common Stock, par value $0.01 per share"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
open market financial
"Sale in open market or private transaction"
An open market is a system where buying and selling of goods, services, or financial assets happen freely without restrictions or special controls. For investors, it means they can trade assets easily and quickly, which helps determine fair prices based on supply and demand. This environment encourages transparency and competition, making it easier to buy or sell with confidence.
FAQ
What insider transaction did Alcoa Corp (AA) report for Andrew Hastings?
Alcoa reported that Andrew Hastings, its EVP & General Counsel, sold 6,000 shares of common stock on 2026-08-17. The sale was a non-derivative, open-market transaction and left him with a remaining direct holding of 37,532 shares.
Did Andrew Hastings report any derivative transactions in this Alcoa (AA) Form 4?
No derivative transactions were reported for Andrew Hastings in this Form 4. The filing shows one non-derivative transaction, consisting solely of the sale of 6,000 shares of Alcoa common stock, with no options or other derivatives listed.
AI-generated analysis. How Rhea-AI works. Not financial advice.