Kaiser Aluminum (KALU) director granted restricted stock and fee-share awards
Rhea-AI Filing Summary
HOFFMAN JAMES DONALD reported acquisition or exercise transactions in this Form 4 filing.
Kaiser Aluminum Corp director James Donald Hoffman reported stock-based compensation grants, not open-market trades. He received 589 shares of common stock as restricted stock under the Kaiser Aluminum Corporation 2021 Equity and Incentive Compensation Plan, with all restrictions scheduled to lapse on June 4, 2027.
He also received 786 shares under the same plan in lieu of some or all of his annual cash retainer for serving on the Board and its committees, with the amount based on the average closing price over the 20 trading days prior to June 4, 2026. Following these awards, he directly holds 3,760 shares of Kaiser Aluminum common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,375 shares
Net Buy
2 txns
Insider
HOFFMAN JAMES DONALD
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 per share | 786 | $0.00 | $0.00 |
| Grant/Award | Common Stock, par value $0.01 per share | 589 | $178.10 | $105K |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 3,760 shares (Direct)
Footnotes (3)
- F1. Grant to the reporting person of restricted stock under the Kaiser Aluminum Corporation 2021 Equity and Incentive Compensation Plan, as amended and restated. All restrictions will lapse on June 4, 2027.
- F2. Stock received by the reporting person under the Kaiser Aluminum Corporation 2021 Equity and Incentive Compensation Plan, as amended and restated, at such person's election in lieu of all or a portion of the reporting person's annual cash retainer for serving as a member of the Board of Directors of Kaiser Aluminum Corporation and chair or a member of one or more committees of the Board of Directors.
- F3. Equal to the average closing price of the Issuer's common stock as reported by the Nasdaq Stock Market, LLC for the 20 trading days prior to June 4, 2026.
Key Figures
Restricted stock grant: 589 shares
Grant reference price: $178.10 per share
Shares in lieu of cash retainer: 786 shares
+2 more
5 metrics
Restricted stock grant
589 shares
Restricted stock under 2021 Equity and Incentive Compensation Plan; restrictions lapse June 4, 2027
Grant reference price
$178.10 per share
Reported price per share for 589-share restricted stock grant
Shares in lieu of cash retainer
786 shares
Stock received instead of all or part of annual Board cash retainer
Director holdings after transactions
3,171 shares
Direct ownership of Kaiser Aluminum common stock following reported awards
Pricing methodology period
20 trading days
Average closing price period used to value shares received in lieu of cash as of June 4, 2026
Key Terms
restricted stock, Equity and Incentive Compensation Plan, annual cash retainer, average closing price
4 terms
restricted stock financial
"Grant to the reporting person of restricted stock under the Kaiser Aluminum Corporation 2021 Equity and Incentive Compensation Plan"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Equity and Incentive Compensation Plan financial
"under the Kaiser Aluminum Corporation 2021 Equity and Incentive Compensation Plan, as amended and restated"
annual cash retainer financial
"in lieu of all or a portion of the reporting person's annual cash retainer for serving as a member of the Board of Directors"
average closing price financial
"Equal to the average closing price of the Issuer's common stock as reported by the Nasdaq Stock Market, LLC for the 20 trading days prior to June 4, 2026."
The average closing price is the arithmetic mean of a security’s end-of-day prices over a chosen period, found by adding each day’s closing price and dividing by the number of days. It smooths out daily ups and downs to show a typical market value—like averaging daily temperatures to understand a month’s climate—and helps investors spot trends, judge whether a stock is generally rising or falling, and make clearer buy or sell decisions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did KALU director James Donald Hoffman report?
James Donald Hoffman reported acquiring stock-based compensation awards. He received 589 restricted shares and 786 additional shares in lieu of his annual cash retainer, all in Kaiser Aluminum common stock under the company’s 2021 Equity and Incentive Compensation Plan.
Were James Donald Hoffman’s KALU transactions open-market buys or compensation grants?
The transactions were compensation-related grants, not open-market purchases. Both awards were reported with code A as grants or awards under Kaiser Aluminum’s 2021 Equity and Incentive Compensation Plan for his service on the Board and its committees.
When do the restrictions lapse on James Donald Hoffman’s KALU restricted stock grant?
All restrictions on the 589 restricted shares granted to James Donald Hoffman are scheduled to lapse on June 4, 2027. At that time, subject to plan terms, the restricted stock should become fully vested as regular common shares of Kaiser Aluminum.
What compensation plan governed James Donald Hoffman’s KALU stock awards?
Both awards were granted under the Kaiser Aluminum Corporation 2021 Equity and Incentive Compensation Plan, as amended and restated. This plan allows directors to receive restricted stock and to elect stock instead of some or all of their annual cash retainers.