Alcoa Corp director Brian Galovich received a stock grant of 2,532 common shares as compensation. The shares were acquired on May 8, 2026 at a stated price of $0.00 per share, indicating a non-cash award rather than an open-market purchase.
After this grant, Galovich directly owns 2,532 shares of Alcoa common stock. The filing shows no sales, option exercises, or derivative positions, so this is a straightforward equity award increasing his direct ownership stake.
Alcoa Corp director Pasquale Fiore received a stock grant that increased his direct ownership. On May 8, 2026, he was awarded 2,532 shares of Alcoa common stock at a price of $0.00 per share, reflecting a compensation-related grant rather than a market purchase.
Following this award, Fiore directly holds 40,761 shares of Alcoa common stock. The filing reports only this non-derivative stock award and shows no option exercises, sales, gifts, or derivative positions in this transaction.
Field Alistair reported acquisition or exercise transactions in this Form 4 filing.
Alcoa Corp director Alistair Field received a grant of 2,532 shares of common stock on May 8, 2026. The shares were awarded at no cash cost per share, reflecting equity-based compensation rather than an open-market purchase. Following this grant, Field directly owns 12,199 Alcoa common shares.
Citrino Mary Anne reported acquisition or exercise transactions in this Form 4 filing.
Alcoa Corp director Mary Anne Citrino received a grant of 2,532 shares of common stock on May 8, 2026. The shares were awarded at a stated price of $0.00 per share, indicating a compensation-related grant rather than an open-market purchase. Following this award, she directly owns 56,665 shares of Alcoa common stock.
Bevan John A reported acquisition or exercise transactions in this Form 4 filing.
Alcoa Corp director John A. Bevan reported a stock award that increased his direct shareholdings. On May 8, 2026, he received a grant of 2,532 shares of Alcoa common stock at $0.00 per share, described as a grant or award rather than a market purchase.
Following this award, Bevan’s direct ownership rose to 12,199 shares of common stock. The filing also lists an indirect holding of 8,562 shares by trust, in the same security. A footnote explains that these shares are traded as Chess Depositary Interests on the Australian Stock Exchange, representing beneficial interests in Alcoa ordinary shares.
Alcoa Corp director Brian Galovich filed an initial ownership report showing no beneficial holdings of company securities. The Form 3 indicates that as of the reported date, he does not beneficially own any Alcoa shares, and there are no listed derivative securities or transactions.
Alcoa Corporation held its 2026 Annual Meeting of Stockholders on May 6, 2026. Stockholders approved the Alcoa Corporation Stock and Incentive Compensation Plan (as Amended and Restated), increasing shares authorized for issuance under the plan from 30,000,000 to 38,000,000 and extending the plan term to May 6, 2036.
The amended plan adds a cash incentive award section, introduces minimum one-year vesting or performance periods for most awards, and sets an annual cap of $750,000 in aggregate grant-date value for awards to each non-employee director. All 11 director nominees were elected, the appointment of PricewaterhouseCoopers LLP as independent auditor for 2026 was ratified, and 2025 executive compensation and the amended plan itself received advisory and stockholder approval.
Alcoa Corporation has amended its main revolving credit facility through Amendment No. 3. The change keeps total lender commitments at $1.25 billion and extends the facility’s maturity to June 27, 2028, providing a longer-dated source of backup liquidity.
The amendment also removes the credit spread adjustment for secured overnight financing rate loans, as well as sustainability rate and commitment fee adjustments. Lenders that signed onto the amendment received a fee equal to 0.05% of their prior commitments.
Alcoa Corporation reported lower year-over-year earnings in the first quarter of 2026 as weaker alumina pricing offset stronger aluminum markets. Sales were $3,193 million versus $3,369 million a year earlier, with net income attributable to Alcoa at $425 million compared with $548 million. Diluted earnings per share were $1.60, down from $2.07.
Operating cash flow was negative at $(179) million, driven by working capital outflows, while cash, cash equivalents and restricted cash totaled $1,447 million at March 31, 2026. Aluminum pricing improved, but alumina prices and bauxite offtake volumes declined sharply, pressuring the Alumina segment, which posted negative Segment Adjusted EBITDA.
Results benefited from a mark-to-market gain of $88 million on Alcoa’s Ma’aden equity stake and favorable derivative and currency impacts, partially offset by higher restructuring charges and tariffs on U.S. aluminum imports from Canada. The company also carried environmental remediation reserves of $283 million and derivative liabilities of $1,248 million, reflecting long-term power and hedging contracts.
Alcoa Corp reports a Schedule 13G showing Vanguard Capital Management beneficially owned 14,538,713 shares of Common Stock, representing 5.50% of the class as of 03/31/2026.
The filing states Vanguard has sole dispositive power over all 14,538,713 shares and sole voting power over 2,762,063 shares. The filing is signed on 04/29/2026.