Alcoa (NYSE: AA) CFO has 3,940 shares withheld for RSU taxes

Rhea-AI Filing Summary

Alcoa Corporation’s EVP & CFO Molly S. Beerman filed a Form 4 reporting an automatic share withholding tied to equity compensation. On January 29, 2026, the issuer withheld 3,940 shares of common stock at $60.64 per share to cover her tax obligations upon vesting of restricted stock units granted in 2025. After this transaction, she directly owned 115,511 common shares of Alcoa. The filing reflects tax-related share withholding rather than a discretionary open-market stock sale.

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

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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^*

Beerman Molly S.

(Last) (First) (Middle)

201 ISABELLA STREET, SUITE 500

(Street)

PITTSBURGH PA 15212

(City) (State) (Zip)

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 & CFO

3. Date of Earliest Transaction (Month/Day/Year)
01/29/2026

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

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

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

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	01/29/2026		F		3,940(1)	D	$60.64	115,511	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. Represents the withholding of shares by the issuer to satisfy the reporting person's tax obligations upon the vesting of restricted stock units (RSUs) granted in 2025.

	/s/ Marissa P. Earnest, attorney-in-fact for Molly S. Beerman	02/02/2026
	** 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).
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FAQ

What does Alcoa (AA) CFO Molly Beerman’s latest Form 4 report?

The Form 4 reports that Alcoa EVP & CFO Molly Beerman had shares withheld to cover taxes on vested restricted stock units. On January 29, 2026, the issuer withheld common shares to satisfy her tax obligations, adjusting her directly owned share balance accordingly.

How many Alcoa (AA) shares were withheld for Molly Beerman’s RSU tax obligations?

Alcoa withheld 3,940 shares of common stock for Molly Beerman’s tax obligations. The withholding occurred when restricted stock units granted in 2025 vested, and the shares were retained by the issuer rather than sold in the open market by the executive.

At what price were Molly Beerman’s withheld Alcoa (AA) shares valued?

The withheld shares were valued at $60.64 per share. This price is used in the Form 4 to calculate the value of the 3,940 Alcoa common shares applied to satisfy EVP & CFO Molly Beerman’s tax obligations upon the vesting of restricted stock units.

How many Alcoa (AA) shares does CFO Molly Beerman own after this Form 4 transaction?

After the reported transaction, Molly Beerman directly owned 115,511 Alcoa common shares. This figure reflects her holdings following the issuer’s withholding of 3,940 shares to meet tax obligations triggered by the vesting of her 2025 restricted stock unit grant.

Was Alcoa (AA) CFO Molly Beerman’s Form 4 transaction an open-market sale?

The transaction was not an open-market sale by the CFO. According to the Form 4 footnote, the 3,940 Alcoa shares were withheld by the issuer to satisfy her tax obligations when previously granted restricted stock units vested.

What type of equity award triggered the share withholding for Alcoa (AA) CFO Molly Beerman?

The withholding was triggered by the vesting of restricted stock units, or RSUs, granted in 2025. When these RSUs vested, Alcoa retained 3,940 shares to cover Molly Beerman’s tax obligations instead of requiring her to pay those taxes in cash.