Howmet Aerospace (HWM) EVP granted 3,544 restricted share units as equity pay
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Arena Jonathan A reported acquisition or exercise transactions in this Form 4 filing.
Howmet Aerospace Inc. executive Jonathan A. Arena received an equity award of 3,544 shares of Common Stock as compensation. The filing shows these shares as a grant at no cash cost per share, bringing his directly held position to 3,544 shares after the transaction.
According to the footnote, the award consists of restricted share units that are subject to future vesting conditions, and shares may be withheld at vesting to cover tax obligations. This is a routine compensation-related equity grant rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Arena Jonathan A
Role
EVP, CL&CO and Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,544 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 3,544 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 3,544 shares
Transaction price: $0.0000 per share
Shares held after transaction: 3,544 shares
3 metrics
Shares granted
3,544 shares
Restricted share unit award on 2026-04-15
Transaction price
$0.0000 per share
Grant price for restricted share units
Shares held after transaction
3,544 shares
Direct holdings following the grant
Key Terms
restricted share unit awards, vesting, tax withholding, Grant, award, or other acquisition
4 terms
vesting financial
"restricted share unit awards that are subject to vesting and tax withholding"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
tax withholding financial
"subject to vesting and tax withholding upon vesting"
Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did Howmet Aerospace (HWM) report for Jonathan A. Arena?
Howmet Aerospace reported that executive Jonathan A. Arena received 3,544 shares of Common Stock as an equity grant. The award is compensation-related, carries no cash purchase price, and increased his directly held position to 3,544 shares following the transaction.
Was the Howmet Aerospace (HWM) Form 4 transaction an open-market buy or a grant?
The Form 4 shows a grant, not an open-market buy. Jonathan A. Arena received 3,544 shares coded as an acquisition under a grant or award, with a per-share transaction price of $0.0000, indicating compensation rather than a market purchase.
Does Howmet Aerospace (HWM) receive cash from Jonathan Arena’s reported transaction?
The filing indicates no cash changed hands for this grant. The transaction price per share is reported as $0.0000, showing that the 3,544 shares were issued as a compensation-related restricted share unit award rather than purchased for cash in the market.