Century Aluminum (CENX) CEO completes 150K-share 10b5-1 stock sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Century Aluminum President and CEO Gary Jesse reported an open-market sale of 150,000 shares of Common Stock at a weighted average price of $55.47 per share, executed under a Rule 10b5-1 trading plan adopted on August 20, 2025.
The sale was executed by a self-settled, revocable trust for which he serves as trustee, at prices ranging from $54.08 to $56.80. After the transaction, he indirectly held 142,580 shares through the trust and directly held 277,227 shares, which include unvested RSUs granted under the company’s long-term incentive plans.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 150,000 shares ($8,320,500)
Net Sell
2 txns
Insider
Gary Jesse E
Role
President and CEO
Sold
150,000 shs ($8.32M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 150,000 | $55.47 | $8.32M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 142,580 shares (Indirect, By Trust);
Common Stock — 277,227 shares (Direct)
Footnotes (1)
- The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 20, 2025 (the 'Trading Plan'). There are no additional shares available for sale under the Trading Plan and, as such, the Trading Plan is now complete. The price reported above reflects the weighted average sale price for the shares which were sold in multiple transactions at prices ranging from $54.08 to $56.80, inclusive. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the specific number of shares and prices at which the transactions were effected. Shares held in a self-settled, revocable trust for which the Reporting Person serves as trustee. Includes unvested RSUs granted to the Reporting Person under the Issuer's Long-Term Incentive Plans.
FAQ
What did Century Aluminum (CENX) CEO Gary Jesse report in this Form 4?
Gary Jesse reported an open-market sale of 150,000 Century Aluminum shares at a weighted average price of $55.47 per share. The transaction was executed under a pre-established Rule 10b5-1 trading plan and involved shares held in a revocable trust he controls.
Do Gary Jesse’s remaining Century Aluminum (CENX) holdings include unvested RSUs?
Yes. The filing states his 277,227 directly held shares include unvested restricted stock units granted under Century Aluminum’s long-term incentive plans. These RSUs represent compensation that vests over time rather than previously purchased common shares.