Kaiser Aluminum (KALU) CEO Harvey Keith sells 3,031 shares at $173.13 avg
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kaiser Aluminum Corp President & CEO Harvey Keith reported an open-market sale of the company’s common stock. On April 29, 2026, he sold 3,031 shares of Kaiser Aluminum common stock at a weighted average price of $173.13 per share, in multiple trades between $173.00 and $173.80.
After this transaction, Keith directly holds 94,308 shares of Kaiser Aluminum common stock, which the footnotes state include 72,565 shares acquired through grants of restricted stock units. This filing reflects a relatively small sale compared with his remaining direct holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,031 shares ($524,757)
Net Sell
1 txn
Insider
Harvey Keith
Role
President & CEO
Sold
3,031 shs ($525K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, par value $0.01 per share | 3,031 | $173.13 | $525K |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 94,308 shares (Direct, null)
Footnotes (1)
- Represents the sale of 3,031 shares in multiple transactions, ranging from $173.00 to $173.80 per share, resulting in a weighted average sale price of $173.13 per share. The reporting person undertake to provide upon request by the SEC staff, the Registrant, or a security holder of the Registrant, full information regarding the number of shares sold at each separate price within the range. Includes 72,565 shares acquired pursuant to grants of restricted stock units.
Key Figures
Shares sold: 3,031 shares
Weighted average sale price: $173.13 per share
Shares held after transaction: 94,308 shares
+1 more
4 metrics
Shares sold
3,031 shares
Common stock sold on April 29, 2026
Weighted average sale price
$173.13 per share
Price for 3,031 shares sold in multiple trades
Shares held after transaction
94,308 shares
Direct Kaiser Aluminum holdings following the sale
RSU-acquired shares
72,565 shares
Portion of direct holdings from restricted stock unit grants
Key Terms
weighted average sale price, restricted stock units, open-market sale
3 terms
weighted average sale price financial
"resulting in a weighted average sale price of $173.13 per share"
restricted stock units financial
"Includes 72,565 shares acquired pursuant to grants of restricted stock units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What insider transaction did Kaiser Aluminum (KALU) report for CEO Harvey Keith?
Kaiser Aluminum reported that President & CEO Harvey Keith sold 3,031 shares of common stock. The sale occurred on April 29, 2026, as an open-market transaction at a weighted average price of $173.13 per share, executed across multiple trades between $173.00 and $173.80.
What portion of Harvey Keith’s Kaiser Aluminum (KALU) holdings came from restricted stock units?
The filing notes that 72,565 of Harvey Keith’s 94,308 directly held Kaiser Aluminum shares were acquired through restricted stock unit grants. This indicates a substantial part of his stake reflects long-term equity compensation rather than open-market share purchases.
Was Harvey Keith’s Kaiser Aluminum (KALU) transaction an open-market sale?
Yes. The Form 4 classifies the transaction with code “S,” described as an open-market or private sale. The details specify that 3,031 Kaiser Aluminum common shares were sold in multiple market transactions, with a disclosed weighted average sale price of $173.13 per share.