Alcoa (NYSE: AA) CFO has 10,205 shares withheld for taxes

Rhea-AI Filing Summary

Alcoa Corporation’s EVP & CFO Molly S. Beerman reported a tax-related share withholding. On January 26, 2026, Alcoa withheld 10,205 shares of common stock at $58.55 per share to satisfy her tax obligations on vested RSUs granted in 2023 and 2024.

After this withholding, Beerman beneficially owned 102,111 Alcoa shares directly. The transaction was coded “F,” indicating a share withholding by the issuer rather than an open-market 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)
01/26/2026

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	01/26/2026		F		10,205(1)	D	$58.55	102,111	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 2023 and 2024.

	/s/ Marissa P. Earnest, attorney-in-fact for Molly S. Beerman	01/28/2026
	** 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 insider transaction did Alcoa (AA) CFO Molly Beerman report?

Alcoa’s EVP & CFO Molly Beerman reported a tax-related share withholding. On January 26, 2026, Alcoa withheld 10,205 common shares to cover her tax obligations arising from the vesting of restricted stock units granted in 2023 and 2024.

How many Alcoa (AA) shares were withheld for Molly Beerman’s taxes and at what price?

Alcoa withheld 10,205 common shares from Molly Beerman at a price of $58.55 per share. This withholding satisfied tax obligations associated with the vesting of restricted stock units that had been granted in 2023 and 2024.

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

After the reported transaction, Molly Beerman beneficially owned 102,111 Alcoa common shares directly. This figure reflects her holdings following the 10,205-share withholding to cover taxes on vesting restricted stock units granted in 2023 and 2024.

Why were Alcoa (AA) shares withheld from Molly Beerman instead of sold on the market?

The shares were withheld by Alcoa to satisfy Molly Beerman’s tax obligations upon RSU vesting. This transaction type, coded “F,” reflects issuer withholding of shares for taxes rather than an open-market sale initiated by the executive.

What is the nature of the restricted stock units affecting this Alcoa (AA) insider filing?

The tax withholding relates to restricted stock units granted to Molly Beerman in 2023 and 2024. When these RSUs vested, Alcoa withheld 10,205 shares of common stock to cover the associated tax liabilities, as disclosed in the filing footnote.