STOCK TITAN

Alcoa (AA) EVP Olson receives 8,760-share restricted stock unit grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Olson Emily M. reported acquisition or exercise transactions in this Form 4 filing.

Alcoa Corp executive Emily M. Olson received an equity grant through restricted stock units. On April 15, 2026, she was awarded 8,760 shares of common stock at a price of $0.00 per share, classified as a grant or award rather than an open-market purchase.

The award consists of restricted stock units that settle in stock upon vesting and are expected to vest in three equal installments on the first, second, and third anniversaries of the grant date. Following this award, Olson directly holds 8,760 common shares as reported in this filing.

Positive

  • None.

Negative

  • None.
Insider Olson Emily M.
Role EVP & Chief Ext. Aff. Officer
Type Security Shares Price Value
Grant/Award Common Stock, par value $0.01 per share 8,760 $0.00 --
Holdings After Transaction: Common Stock, par value $0.01 per share — 8,760 shares (Direct)
Footnotes (1)
  1. [object Object]
Shares granted 8,760 shares Restricted stock unit award on April 15, 2026
Grant price per share $0.00 per share Compensation grant, not open-market purchase
Shares held after grant 8,760 shares Direct holdings following reported transaction
Vesting schedule 3 annual installments Vests on first, second, and third anniversaries of grant
restricted stock units financial
"Awards of restricted stock units, which are settled in stock upon vesting"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
vest ratably over a three-year period financial
"and generally will vest ratably over a three-year period"
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"
SEC Form 4
FORM 4UNITED 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*
Olson Emily M.

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP & Chief Ext. Aff. Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock, par value $0.01 per share04/15/2026A8,760(1)A$0.008,760D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Awards of restricted stock units, 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.
/s/ Marissa P. Earnest, attorney-in-fact for Emily M. Olson04/17/2026
** Signature of Reporting PersonDate
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) EVP Emily M. Olson report in this Form 4?

Emily M. Olson reported receiving an equity grant of 8,760 Alcoa common shares. The award was classified as a grant or award acquisition, with no cash price paid per share, and represents compensation rather than an open-market stock purchase.

How many Alcoa (AA) shares were granted to Emily M. Olson?

Emily M. Olson was granted 8,760 shares of Alcoa common stock. These shares come from restricted stock units that will convert into stock upon vesting, forming part of her overall equity-based executive compensation package at the company.

At what price were the Alcoa (AA) shares granted to Emily M. Olson?

The reported grant to Emily M. Olson shows a price of $0.00 per share. This reflects a compensation grant of restricted stock units, not an open-market transaction, so she did not pay cash to acquire these 8,760 shares.

How will Emily M. Olson’s Alcoa (AA) restricted stock units vest?

The restricted stock units generally vest ratably over three years. According to the disclosure, they are scheduled to vest in three equal installments on the first, second, and third anniversaries of the April 15, 2026 grant date.

How many Alcoa (AA) shares does Emily M. Olson hold after this transaction?

After this reported transaction, Emily M. Olson directly holds 8,760 Alcoa common shares. This figure reflects the position shown in the Form 4 immediately following the grant of restricted stock units that will settle in stock upon vesting.

Is Emily M. Olson’s Alcoa (AA) Form 4 transaction a market purchase or sale?

The transaction is a grant or award acquisition, not a market trade. It represents restricted stock units awarded as compensation that will be settled in Alcoa common stock upon vesting, with no open-market buying or selling reported here.