Jones Tammi A 4
Research Summary
AI-generated summary
Alcoa (AA) EVP Tammi Jones Has Shares Withheld for Taxes
What Happened
- Tammi A. Jones, Executive Vice President & Chief Human Resources Officer of Alcoa Corp (AA), experienced vesting and settlement of restricted stock units (RSUs) on Jan 26, 2026. To satisfy tax obligations, the issuer withheld a total of 10,109 shares (reported as dispositions) at $58.55 per share, totaling $591,882. In connection with the same vesting/settlement activity, Jones acquired 328 shares (stock-settled dividend equivalents) at $58.55 per share, totaling $19,204.
- These transactions reflect routine tax withholding and RSU-related stock settlement rather than an open-market sale or a discretionary purchase. Net effect: a reduction of 9,781 shares (approximately $572,678) from her holdings.
Key Details
- Transaction date and price: Jan 26, 2026 — all reported at $58.55 per share.
- Dispositions (tax withholding): 7,630; 133; 2,304; 42 — total withheld = 10,109 shares (codes F).
- Acquisitions (stock settlement of dividend equivalents / RSUs): 248 and 80 — total acquired = 328 shares (code A).
- Total values: withheld ≈ $591,882; acquired ≈ $19,204; net decrease ≈ $572,678.
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Footnotes: F1/F3 = issuer withheld shares to satisfy tax obligations upon RSU vesting (RSUs granted in 2023 & 2024). F2 = shares from stock settlement of dividend equivalents. F4 relates to 401(k) unit reporting (not directly applicable here).
- Filing timeliness: Form filed Jan 28, 2026 for Jan 26 transactions — appears timely (within the standard two-business-day window).
Context
- These filings show issuer withholding to cover taxes on vested RSUs and settlement of dividend equivalents — common administrative treatments that do not necessarily signal insider sentiment. This is not an open-market sale by the executive, nor an exercised option sold in the market; it is a stock settlement and tax withholding event tied to RSU vesting.