[Form 4] CENTURY ALUMINUM CO Insider Trading Activity
Rhea-AI Filing Summary
Kenneth L. Calloway, Senior Vice President, Human Resources of Century Aluminum Company (CENX), reported a sale of company stock on 09/19/2025. The Form 4 shows a disposition of 16,450 shares at a price of $27.50 per share. After the reported transaction, Calloway beneficially owned 28,706 shares, an amount the filing notes includes unvested restricted stock units granted under the issuer's long-term incentive plans. The filing was signed by an attorney-in-fact on 09/23/2025 and is submitted pursuant to Section 16 reporting requirements.
Positive
- Timely Section 16 disclosure of an officer transaction with date, amount, and price reported
- Ownership clarity showing 28,706 shares beneficially owned and explicit note that this includes unvested RSUs
Negative
- Officer sale of 16,450 shares may be perceived negatively by some investors, though the filing gives no context for the sale
- No statement in the filing indicating whether the sale was made under a Rule 10b5-1 trading plan or similar pre-arranged program
Insights
TL;DR: An officer reported a routine Section 16 sale of 16,450 shares; filing discloses remaining holdings and inclusion of unvested RSUs.
The Form 4 documents a sale (transaction code S) by a named executive officer of 16,450 shares at $27.50. The disclosure of 28,706 shares held after the sale, including unvested RSUs, provides a clear post-transaction ownership figure but does not state prior holdings or the proportion of total outstanding shares. From a market-impact perspective, the form itself is neutral; it reports the transaction required by Section 16 but contains no additional context such as whether the sale was pursuant to a pre-existing trading plan.
TL;DR: Officer sale properly reported with RSU disclosure; filing provides necessary compliance information but no governance concerns are evident from the form alone.
The report identifies the reporting person as an officer (SVP, Human Resources) and notes the inclusion of unvested RSUs in the ownership total, which clarifies the nature of beneficial ownership. The form is signed by an attorney-in-fact and contains the required details: transaction date, amount sold, and price. There is no information in the filing about whether the sale was part of a Rule 10b5-1 plan or other compliance mechanism, so no governance conclusions beyond accurate reporting can be drawn from this document alone.