Alcoa Corporation (AA) plans to issue 17,008,960 shares of Alcoa common stock
At completion, South32 will also receive $3.1 billion in cash (subject to customary adjustments) and a contingent value right of up to $750 million payable over four annual periods if alumina and aluminum prices exceed agreed strike levels. Based on shares outstanding as of June 30 2026, the stock issuance would give South32 about 6% ownership of Alcoa before South32 distributes at least half of the stock consideration to its own shareholders via an in-specie dividend, after which South32 shareholders will collectively hold at least about 3% of Alcoa.
Alcoa expects to fund the cash portion with a mix of cash on hand and up to $3.1 billion of senior unsecured debt, supported by a 364‑day bridge facility, and targets completion in the first half of 2027, subject to South32 shareholder approval and extensive regulatory clearances across multiple jurisdictions. The document details risks including deal completion uncertainty, potential dilution to existing Alcoa shareholders, increased leverage, integration challenges, and possible substantial future payments under the contingent value right.
Alcoa Corp (AA) executive Renato Bacchi, EVP & Chief Commercial Officer, reported selling 700 shares of common stock on 2026-08-31 in an open-market transaction at a weighted average price of $51.0193 per share. The sale occurred in multiple trades between $51.00 and $51.05 and left him holding 74,930 shares directly. The filing’s Rule 10b5-1 checkbox was not marked as a trading plan.
Alcoa Corporation (AA) has filed a Form S-4 to register shares of common stock to be issued as part of its acquisition of South32 Limited’s interests in major bauxite mines, alumina refineries and certain aluminum smelter operations in Australia, Brazil and South Africa.
Under the transaction agreement, South32 will receive $3.1 billion in cash, 17,008,960 shares of Alcoa common stock (or Alcoa CDIs) and a contingent value right of up to $750 million based on future alumina and aluminum prices. The stock consideration equals about 6% of Alcoa’s outstanding shares as of June 30, 2026.
South32 must distribute at least half of the stock consideration to its shareholders via an in‑specie dividend, leaving South32 with roughly 6% ownership before, and South32 shareholders with at least 3% ownership after, that distribution, subject to additional distributions. Alcoa plans to fund the cash portion with cash on hand and up to $3.1 billion of senior unsecured debt or a bridge facility, and expects completion in the first half of 2027, subject to South32 shareholder approval and extensive regulatory clearances.
Alcoa Corp (AA) received a notice under Rule 144 that Renato Bacchi expects to sell common stock. The planned sale involves 700 shares of Alcoa common stock through Merrill Lynch on the NYSE, with an indicated aggregate value of $35,713.50. These shares are tied to restricted stock unit awards that vest on January 29, 2026, granted as part of Alcoa’s equity compensation plan. The notice lists the date August 31, 2026 in connection with the securities information.
Alcoa Corp (AA) executive Tammi A. Jones, EVP & CHRO, reported selling 15,628 shares of common stock on 2026-08-27 in an open-market transaction at a weighted average price of $50.5972 per share, with individual trades ranging from $50.5000 to $50.7315.
Following the sale, Jones held 39,819 shares directly, plus indirect holdings of 11,965 shares held by her spouse and 62 shares through the company 401(k) stock fund. The filing indicates the transaction was not under a Rule 10b5-1 trading plan.
Alcoa Corp (AA) received a Rule 144 notice covering a proposed sale of its common stock by officer Tammi A. Jones. The filing lists 15,628 shares of Alcoa common stock to be sold through Merrill Lynch, with an aggregate market value of $790,732.55, and notes that 263,909,445 shares of this class are outstanding. The shares derive from multiple equity compensation awards that vested between January 23, 2023 and January 29, 2025, including restricted stock unit and performance share unit awards. The proposed sale is referenced with an approximate sale date of August 27, 2026 on the NYSE.
Alcoa Corp (AA) executive Andrew Hastings, EVP & General Counsel, sold 6,000 shares of common stock on 2026-08-17 in an open-market transaction. The sale was executed at a weighted average price of $50.902 per share, with individual trade prices ranging from $50.85 to $50.99. Following this transaction, Hastings directly holds 37,532 shares of Alcoa common stock.
Alcoa Corp filed a notice of proposed sale of 6,000 shares of common stock to be sold through Merrill Lynch at 225 Liberty Street, New York. The proposed sale has an approximate aggregate market value of $305,413.30 and is listed on the NYSE with an intended sale date of 08/17/2026.
The shares relate to prior equity compensation, including restricted stock unit awards that vested on 01/24/2025 for 2,419 shares and on 01/29/2026 for 3,581 shares, each granted as part of Alcoa Corp’s equity compensation plan.
Eagle Capital Management, LLC reports beneficial ownership of Alcoa Corporation common stock. Eagle Capital holds 11,879,807 shares of Alcoa common stock, representing 4.50% of the outstanding class as of June 30, 2026. The position is held with sole voting and sole dispositive power over all reported shares, with no shared voting or dispositive authority.