Glencore unit sells 6,315,245 Century shares
Glencore International AG, a major shareholder of Century Aluminum, reported an open-market sale of 6,315,245 shares of common stock at $51.75 per share.
Rhea-AI Filing Summary
Glencore International AG, a major shareholder of Century Aluminum, reported an open-market sale of 6,315,245 shares of common stock at $51.75 per share. After this transaction, Glencore International AG held 12,184,755 shares of Century Aluminum common stock.
The filing also lists Glencore plc and Glencore AG as reporting persons. The footnote explains that the shares sold and held are directly owned by Glencore International AG, while Glencore plc, as its parent, may be deemed an indirect beneficial owner of these securities.
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Insights
Large shareholder Glencore International AG disclosed a significant open-market sale of Century Aluminum shares.
Glencore International AG, identified as a more than ten percent owner, executed an open-market sale of 6,315,245 common shares at $51.75 per share. Following the sale, its reported ownership stands at 12,184,755 shares of Century Aluminum common stock.
The filing clarifies via footnote that these shares are held directly by Glencore International AG, while Glencore plc, its parent, may be deemed an indirect beneficial owner of securities held by Glencore International AG and Glencore AG. This structure concentrates the disclosed transaction at the subsidiary level.
For investors analyzing ownership dynamics, this Form 4 documents a net-sell transaction by a large shareholder on March 4, 2026. Subsequent company filings may provide additional context on any further changes in significant shareholdings.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 6,315,245 | $51.75 | $326.81M |
Footnotes (1)
- F1. The Common Stock reported on Line 1 of Table I is held directly by Glencore International AG. Glencore International AG is wholly-owned by Glencore plc, which may be deemed an indirect beneficial owner of the securities held by Glencore AG and Glencore International AG.
FAQ
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What did Glencore International AG report in its Form 4 for CENX?
Who are the reporting persons in the Century Aluminum (CENX) Form 4?
What does the Form 4 footnote say about Glencore plc’s ownership in CENX?
Was the Century Aluminum (CENX) transaction a buy or a sell?
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