Marchuk Neil Edward 4
Research Summary
AI-generated summary
Howmet (HWM) EVP Neil Marchuk Receives 50,292-Share Award
What Happened
- Neil Edward Marchuk, EVP and Chief Accounting Officer of Howmet Aerospace (HWM), was granted 50,292 shares (reported as an acquisition) on February 3, 2026. The grant was reported at $0.00 per share (total reported value $0), reflecting an award of restricted share units rather than a cash purchase.
Key Details
- Transaction date: 2026-02-03; Form 4 filed: 2026-02-05 (timely filing).
- Transaction type/code: Award/Grant (A); reported acquisition price $0.00; total reported value $0.
- Shares owned after transaction: Not specified in the filing.
- Footnotes:
- F1: These are earned restricted share unit awards that remain subject to vesting and tax withholding upon vesting.
- F2: Some shares are held in a revocable trust for which the reporting person is trustee and beneficiary and has voting and investment power.
- No indication this was a sale or market purchase; it is compensation-related.
Context
- Award grants like this are typically part of executive compensation (retention or performance pay) and do not necessarily signal immediate bullish/bearish trading intent. Vesting and tax-withholding rules will determine when shares become transferable or counted as owned outright.