Alcoa (AA) director granted 2,532 shares in Form 4 stock award

Rhea-AI Filing Summary

Alcoa Corp director James Alton Hughes received a stock award of 2,532 shares of common stock on May 8, 2026. The shares were granted at no cash cost per share as a compensation-related award rather than an open-market purchase.

Following this grant, Hughes directly holds 53,630 shares of Alcoa common stock. The filing does not show any stock sales or option exercises, only this grant, so the transaction increases his equity stake in the company.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider HUGHES JAMES ALTON

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock, par value $0.01 per share	2,532	$0.00	--

Holdings After Transaction: Common Stock, par value $0.01 per share — 53,630 shares (Direct, null)

Footnotes (1)

Key Figures

Shares granted: 2,532 shares Grant price per share: $0.00 per share Shares held after transaction: 53,630 shares

3 metrics

Shares granted 2,532 shares Common stock award on May 8, 2026

Grant price per share $0.00 per share Compensation-related stock award, not market purchase

Shares held after transaction 53,630 shares Direct ownership following stock grant

Key Terms

Grant, award, or other acquisition, Common Stock, par value $0.01 per share, Form 4

3 terms

Grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

Common Stock, par value $0.01 per share financial

"security_title": "Common Stock, par value $0.01 per share""

Form 4 regulatory

"INSIDER FILING DATA (Form 4):"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

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
Estimated average burden
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^*

HUGHES JAMES ALTON

(Last) (First) (Middle)

201 ISABELLA STREET, SUITE 500

(Street)

PITTSBURGH PENNSYLVANIA 15212

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/08/2026

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

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

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

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	05/08/2026		A		2,532	A	$0	53,630	D

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:

	/s/ Megan C. Yancey, attorney-in-fact for James A. Hughes	05/12/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Alcoa (AA) report for James Alton Hughes?

Alcoa reported that director James Alton Hughes received a grant of 2,532 shares of common stock. The award was recorded at a price of $0.00 per share and reflects compensation rather than an open-market stock purchase.

How many Alcoa (AA) shares does James Alton Hughes hold after this Form 4?

After the May 8, 2026 grant, James Alton Hughes directly holds 53,630 Alcoa common shares. This total includes the newly awarded 2,532 shares and represents his reported direct ownership position following the transaction.

Was the Alcoa (AA) Form 4 transaction a stock purchase or a grant?

The transaction was a grant or award acquisition, not a market purchase. The Form 4 uses transaction code A, described as “Grant, award, or other acquisition,” with 2,532 shares issued at a price of $0.00 per share.

Did James Alton Hughes sell any Alcoa (AA) shares in this Form 4 filing?

No shares were reported sold in this Form 4. The filing lists one acquisition transaction for 2,532 common shares as a grant, with no sell transactions or derivative exercises disclosed in the transaction summary.

Is the Alcoa (AA) insider transaction classified as direct or indirect ownership?

The 2,532 shares granted to James Alton Hughes are classified as directly owned. The filing marks the ownership type as direct, and the total of 53,630 shares following the transaction is also reported as directly held.