LEDUC ROBERT F 4

What Happened
Robert F. Leduc, a director of Howmet Aerospace (HWM), was granted 731 shares on May 21, 2026. The transaction is reported as an award/acquisition (Code A) with a reported acquisition price of $0.00 (total reported value $0). This was an equity award/grant rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-21 — 731 shares acquired at $0.00 per share (Code A, award/grant).
• Report filed: 2026-05-26. This filing appears to be late (Form 4s are normally required within two business days of the transaction).
• Shares owned after transaction: not specified in the provided filing details.
• Footnotes/plan info: none provided in the supplied data.
• Transaction type: Award/grant (A) — typically company compensation or vesting of equity, not a market purchase or sale.

Context
Code A awards usually reflect compensation (for example, restricted stock or vested RSUs) and do not necessarily indicate a personal buy or sell decision by the insider. Unlike open-market purchases, awards are often part of routine director compensation and are less directly informative about the insider’s view of the company’s near-term stock prospects.