Alcoa EVP gets stock grant, withholds for taxes
Alcoa Corp executive Renato Bacchi reported equity compensation activity involving company stock.
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Rhea-AI Filing Summary
Alcoa Corp executive Renato Bacchi reported equity compensation activity involving company stock. He acquired 4,858 shares of common stock at no cost as part of earned performance restricted stock units granted in 2023. On the same date, 2,113 shares at $59.81 per share were withheld by Alcoa to cover his tax obligations tied to the vesting. After these transactions, he directly owned 75,630 shares of Alcoa common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 per share | 4,858 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, par value $0.01 per share | 2,113 | $59.81 | $126K |
Footnotes (2)
- F1. Earned performance restricted stock units (PRSUs) granted in 2023.
- F2. Represents the withholding of shares by the issuer to satisfy the reporting person's tax obligations upon the vesting of PRSUs granted in 2023.
FAQ
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What insider transactions did Alcoa (AA) EVP Renato Bacchi report?
Were Renato Bacchi’s Alcoa (AA) transactions open-market trades?
What type of equity award did Alcoa (AA) grant to Renato Bacchi?
AI-generated analysis. How Rhea-AI works. Not financial advice.