CHANATRY MICHAEL NIEM 4

What Happened

• Michael Niem Chanatry, Vice President at Howmet Aerospace (HWM), was awarded 16,764 restricted share units (RSUs) on February 3, 2026. The filing reports an acquisition at $0.00 per share (total recorded value $0), reflecting compensation awards rather than a market purchase.

Key Details

• Transaction date: 2026-02-03; Form 4 filed: 2026-02-05 (appears timely).
• Transaction type/code: Award/Grant (A); price reported $0.00.
• Shares involved: 16,764 RSUs granted. Shares owned after the transaction are not specified in the filing.
• Footnote: Reflects earned RSU awards that remain subject to vesting and tax withholding upon vesting (F1).
• Not a sale or open‑market purchase — no immediate cash exchanged.

Context

• RSU grants are compensation that typically convert to actual shares only after vesting and may be subject to withholding for taxes; they do not by themselves indicate a purchase decision in the market.
• For retail investors, awards are routine executive compensation; they’re informational about pay and potential future dilution but are not the same signal as an insider buying stock.