Alcoa EVP awarded 8,760 restricted shares

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

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.

Insider Trade Summary

Grant/Award: 8,760 shares

Grant/Award 1 txn

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	$0.00

Holdings After Transaction: Common Stock, par value $0.01 per share — 8,760 shares (Direct)

Footnotes (1)

1. F1. 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.

Key Figures

Shares granted: 8,760 shares Grant price per share: $0.00 per share Shares held after grant: 8,760 shares +1 more

4 metrics

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

Key Terms

restricted stock units, vest ratably over a three-year period, grant, award, or other acquisition, common stock, par value $0.01 per share

4 terms

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"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/17/2026 - 04:30 PM Learn about SEC filing dates

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^*

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)

	Director		10% Owner
X	Officer (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)

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	04/15/2026		A		8,760(1)	A	$0.00	8,760	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:

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. Olson	04/17/2026
	** 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)