Howmet (NYSE: HWM) CEO reports 22,333-share restricted stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PLANT JOHN C reported acquisition or exercise transactions in this Form 4 filing.
Howmet Aerospace Executive Chairman & CEO John C. Plant reported an equity grant of 22,333 shares of common stock on a Form 4. The shares were awarded at a stated price of $0.0000 per share as restricted share unit awards that are subject to vesting and tax withholding upon vesting.
After this grant, Plant directly holds 2,471,367 common shares. He also has indirect holdings through a trust with 551,186 shares and a remainder trust with 236,544 shares, both of which list him as trustee and grantor.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
PLANT JOHN C
Role
Executive Chairman & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 22,333 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 2,471,367 shares (Direct);
Common Stock — 551,186 shares (Indirect, By Trust)
Footnotes (1)
- Reflects granted restricted share unit awards that are subject to vesting and tax withholding upon vesting. Shares held in a trust, of which the reporting person is the trustee, grantor and beneficiary. Shares held in a remainder trust, of which the reporting person is the trustee and grantor, and his children are the beneficiaries.
FAQ
What insider transaction did Howmet (HWM) report for John C. Plant?
Howmet reported that Executive Chairman & CEO John C. Plant received a grant of 22,333 shares of common stock. The filing describes these as restricted share unit awards that are subject to vesting conditions and tax withholding when they vest, rather than an open-market stock purchase.
What type of SEC form reported John C. Plant’s Howmet (HWM) award?
The transaction was reported on a Form 4, which insiders use to report changes in beneficial ownership of a company’s securities. This Form 4 details John C. Plant’s acquisition of 22,333 restricted share unit awards and provides updated direct and indirect shareholding totals.