CHANATRY MICHAEL NIEM 4

What Happened

• CHANATRY MICHAEL NIEM (listed as Michael Chanatry), a Vice President of Howmet Aerospace (HWM), had shares withheld to cover tax liabilities related to vested stock awards and also received newly vested restricted share units (RSUs).
• On 2026-02-15 and 2026-02-16 he had 10,741 and 9,579 shares withheld (disposed) at $250.21 per share, totaling $2,687,506 and $2,396,762 respectively — about $5,084,268 in aggregate. On 2026-02-17 he was credited with 2,693 shares as an award (reported at $0.00), reflecting RSU vesting.

Key Details

• Transaction types/codes: F = shares withheld to pay tax liability; A = grant/award (RSU vesting).
• Dates and prices:
  • 2026-02-15: 10,741 shares withheld at $250.21 ($2,687,506)
  • 2026-02-16: 9,579 shares withheld at $250.21 ($2,396,762)
  • 2026-02-17: 2,693 shares acquired via award at $0.00
• Shares owned after transaction: Not specified in the provided excerpt; see the full Form 4 for updated ownership.
• Footnotes of note:
  • F1/F2: Sales were withholding of shares to satisfy tax obligations tied to vested RSUs.
  • F3: Reporting person no longer has an indirect holding of Howmet common stock units in the salaried retirement savings plan due to plan liquidation and transfer into an alternative investment.
• Filing timeliness: Report filed 2026-02-18. Given the reported transaction dates (2/15–2/17), the filing date is within the SEC Form 4 reporting window and is timely.

Context

• These transactions reflect a cashless tax-withholding event tied to RSU vesting rather than an open-market sale for investment purposes. The acquisition line represents the vesting/crediting of RSUs (no cash purchase). Such withholding sales are routine administrative actions to cover tax obligations and are not a direct signal of an insider’s view on the company’s stock.