Kaiser Aluminum (KALU) EVP granted 2,954 restricted stock units in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Robb Thomas H. reported acquisition or exercise transactions in this Form 4 filing.
Kaiser Aluminum Corporation executive Thomas H. Robb, EVP – Manufacturing, received a grant of 2,954 shares of common stock in the form of restricted stock units under the company’s 2021 Equity and Incentive Compensation Plan, as amended and restated. All restrictions on these units are scheduled to lapse on March 5, 2029, or earlier upon certain specified circumstances, and following this award he directly holds 17,898 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Robb Thomas H.
Role
EVP - Manufacturing
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 per share | 2,954 | $0.00 | -- |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 17,898 shares (Direct)
Footnotes (1)
- Grant to the reporting person effective as of March 5, 2026 of restricted stock units under the Kaiser Aluminum Corporation 2021 Equity and Incentive Compensation Plan, as amended and restated. All restrictions will lapse on March 5, 2029 or earlier upon the occurrence of certain specified circumstances. Shares acquired pursuant to grants of restricted stock units.
FAQ
What insider transaction did Kaiser Aluminum (KALU) report for Thomas H. Robb?
Kaiser Aluminum reported that Thomas H. Robb, EVP – Manufacturing, acquired 2,954 shares of common stock through a grant of restricted stock units. These units were issued under the 2021 Equity and Incentive Compensation Plan, as amended and restated, with restrictions that lapse over time.
What type of equity award did Kaiser Aluminum (KALU) grant to Thomas H. Robb?
Thomas H. Robb received a grant of restricted stock units representing 2,954 shares of Kaiser Aluminum common stock. The award was made under the Kaiser Aluminum Corporation 2021 Equity and Incentive Compensation Plan, as amended and restated, and was categorized as a grant, award, or other acquisition.
When do the restrictions on Thomas H. Robb’s Kaiser Aluminum (KALU) restricted stock units lapse?
All restrictions on Thomas H. Robb’s restricted stock units are scheduled to lapse on March 5, 2029. The footnotes also state the restrictions may lapse earlier if certain specified circumstances occur, consistent with the terms of the company’s equity plan.
Was the Kaiser Aluminum (KALU) equity grant to Thomas H. Robb a purchase or an award?
The transaction was reported as a grant or award acquisition, not an open-market purchase. The Form 4 shows transaction code “A” with a price per share of 0.0000, indicating shares were acquired pursuant to grants of restricted stock units rather than being bought for cash.