[Form 4] CENTURY ALUMINUM CO Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Century Aluminum director Andrew G. Michelmore reported routine equity compensation activity involving company stock. He received a grant of 2,172 shares of Common Stock as an annual award of restricted stock units, with all RSUs vesting on the grant date. To satisfy associated tax obligations upon vesting, 652 shares were withheld by the company at a price of $54.55 per share. After these transactions, Michelmore directly holds 91,261 shares of Century Aluminum common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Michelmore Andrew G
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,172 | $0.00 | -- |
| Tax Withholding | Common Stock | 652 | $54.55 | $36K |
Holdings After Transaction:
Common Stock — 91,261 shares (Direct, null)
Footnotes (1)
- Represents annual grant of restricted stock units ("RSUs"), all of which vested on the date of grant. Represents shares withheld by the Issuer upon vesting of the RSUs to satisfy tax obligations.
Key Figures
RSU award size: 2,172 shares
Shares withheld for taxes: 652 shares
Tax-withholding price: $54.55 per share
+1 more
4 metrics
RSU award size
2,172 shares
Annual restricted stock unit grant, all vested on grant date
Shares withheld for taxes
652 shares
Withheld upon RSU vesting to satisfy tax obligations
Tax-withholding price
$54.55 per share
Valuation used for 652-share tax-withholding disposition
Shares held after transactions
91,261 shares
Common Stock directly owned by Michelmore after Form 4 events
Key Terms
restricted stock units ("RSUs"), vested on the date of grant, tax obligations, tax-withholding disposition
4 terms
restricted stock units ("RSUs") financial
"Represents annual grant of restricted stock units ("RSUs"), all of which vested on the date of grant."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
vested on the date of grant financial
"Represents annual grant of restricted stock units ("RSUs"), all of which vested on the date of grant."
tax obligations financial
"Represents shares withheld by the Issuer upon vesting of the RSUs to satisfy tax obligations."
tax-withholding disposition financial
"transaction_action: tax-withholding disposition for 652 shares at $54.55 per share."
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.