Alcoa (NYSE: AA) director receives 2,532-share stock grant

Rhea-AI Filing Summary

de Oliveira Marques Roberto reported acquisition or exercise transactions in this Form 4 filing.

Alcoa Corp director Roberto de Oliveira Marques received a grant of 2,532 shares of common stock on May 8, 2026. The award was recorded at a price of $0.00 per share, indicating a compensation-related stock grant rather than an open-market purchase. Following this grant, he directly holds 15,800 shares of Alcoa common stock. This filing reflects routine equity compensation for a board member, not a discretionary trade in the open market.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider de Oliveira Marques Roberto

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 — 15,800 shares (Direct, null)

Footnotes (1)

Key Figures

Shares granted: 2,532 shares Grant price per share: $0.00 per share Shares held after grant: 15,800 shares +1 more

4 metrics

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

Grant price per share $0.00 per share Stated transaction price for stock award

Shares held after grant 15,800 shares Total direct holdings following transaction

Transaction code A (Grant, award, or other acquisition) Indicates compensation-related acquisition, not open-market trade

Key Terms

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

4 terms

Common Stock, par value $0.01 per share financial

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

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

non-derivative financial

"transaction_type: non-derivative"

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^*

de Oliveira Marques Roberto

(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	15,800	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 Roberto O. Marques	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 did Alcoa (AA) director Roberto de Oliveira Marques report in this Form 4?

He reported receiving a grant of 2,532 Alcoa common shares as equity compensation. The shares were awarded at a stated price of $0.00 per share, increasing his direct holdings to 15,800 shares after the transaction.

Was the Alcoa (AA) director’s 2,532-share transaction an open-market stock purchase?

No, the 2,532-share transaction was coded as a grant or award, not an open-market purchase. The filing shows a price of $0.00 per share, indicating equity compensation rather than buying shares on the market.

How many Alcoa (AA) shares does Roberto de Oliveira Marques hold after this grant?

After receiving the 2,532-share grant, he directly holds 15,800 Alcoa common shares. This total includes the newly awarded shares and reflects his position immediately following the reported compensation-related transaction.

What does transaction code "A" mean in this Alcoa (AA) Form 4 filing?

Transaction code “A” indicates a grant, award, or other acquisition of shares, typically as compensation. In this case, it shows the director received 2,532 Alcoa common shares without paying a market purchase price.

Does this Alcoa (AA) Form 4 show any share sales or dispositions by the director?

No, the Form 4 shows only an acquisition via stock grant and no share sales. The transaction summary reports one acquisition and zero dispositions, so his position in Alcoa increased through this compensation award.