Director Brett Wilcox receives stock awards at Kaiser Aluminum (NASDAQ: KALU)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kaiser Aluminum Corp director Brett Wilcox reported new stock awards. On June 4, 2026 he acquired 786 shares of restricted stock under the 2021 Equity and Incentive Compensation Plan, with all restrictions lapsing on June 4, 2027.
He also received 328 common shares at an implied value based on the 20-day average closing price, electing stock instead of part or all of his annual cash retainer for board and committee service. After these awards, he holds 3,019 shares directly and 9,887 shares indirectly through the Wilcox Revocable Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Wilcox Brett
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 per share | 786 | $0.00 | -- |
| Grant/Award | Common Stock, par value $0.01 per share | 328 | $178.10 | $58K |
| holding | Common Stock, par value $0.01 per share | -- | -- | -- |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 2,691 shares (Direct, null);
Common Stock, par value $0.01 per share — 9,887 shares (Indirect, By Wilcox Revocable Trust)
Footnotes (1)
- 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. 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. 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: 786 shares
Stock in lieu of cash retainer: 328 shares
Implied grant price: $178.10 per share
+2 more
5 metrics
Restricted stock grant
786 shares
Common stock awarded on June 4, 2026; restrictions lapse June 4, 2027
Stock in lieu of cash retainer
328 shares
Common stock received for board retainer at $178.10 per share on June 4, 2026
Implied grant price
$178.10 per share
Average closing price over 20 trading days prior to June 4, 2026
Direct holdings after awards
3,019 shares
Total Kaiser Aluminum common stock held directly by Brett Wilcox after June 4, 2026
Indirect holdings via trust
9,887 shares
Kaiser Aluminum common stock held indirectly through Wilcox Revocable Trust
Key Terms
restricted stock, 2021 Equity and Incentive Compensation Plan, annual cash retainer, Wilcox Revocable Trust, +1 more
5 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.
2021 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"
Wilcox Revocable Trust financial
"nature_of_ownership: By Wilcox Revocable Trust"
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.
FAQ
What did Brett Wilcox report in his latest Form 4 for Kaiser Aluminum (KALU)?
Brett Wilcox reported receiving two stock awards in Kaiser Aluminum common stock. These include 786 restricted shares and 328 additional shares taken in stock instead of cash retainer, all as compensation for his board service.
What is the nature of Brett Wilcox’s indirect ownership in Kaiser Aluminum (KALU)?
Brett Wilcox indirectly owns 9,887 Kaiser Aluminum shares through the Wilcox Revocable Trust. This position is reported as indirect ownership and is separate from his directly held shares reported in his own name.
How was the value determined for Brett Wilcox’s stock in lieu of cash retainer at Kaiser Aluminum (KALU)?
The stock received in lieu of cash retainer was valued at the average closing price of Kaiser Aluminum’s common stock on Nasdaq for the 20 trading days prior to June 4, 2026, according to the filing footnotes.