Alcoa (AA) EVP Renato Bacchi Sells 7,214 Shares (Tax Withholding)

What Happened

• Renato Bacchi, EVP & Chief Commercial Officer of Alcoa Corp (AA), had 7,214 shares withheld by the issuer to satisfy tax obligations upon RSU vesting. The shares were valued at $58.55 each, totaling approximately $422,380. This is a tax-withholding disposition (code F), not an open-market sale.

Key Details

• Transaction date: 2026-01-26
• Price per share: $58.55
• Shares withheld/disposed: 7,214
• Total value: ~$422,380
• Shares owned after transaction: not disclosed in this filing
• Footnote: F1 — withholding of shares to satisfy tax obligations on RSUs granted in 2023 and 2024
• Filing date: 2026-01-28 — filed within the typical 2-business-day Form 4 window (timely)

Context

• This was a routine tax-withholding event tied to vesting RSUs (common practice), not an indication of a discretionary open-market sale or purchase. Such withholdings are administrative and generally do not signal insider sentiment about the company.