Bacchi Renato 4

What Happened
Renato Bacchi, EVP & Chief Commercial Officer of Alcoa Corp (AA), was granted 9,340 restricted stock units (RSUs) on January 28, 2026. The award is reported at $0.00 per share (typical for RSU grants) and will convert into shares of Alcoa common stock upon vesting. This is an equity award (not an open-market purchase or sale).

Key Details

• Transaction date: 2026-01-28; Form filed: 2026-01-30 (appears timely).
• Transaction type/code: Award/Grant (A). Price reported: $0.00.
• Number of RSUs granted: 9,340. Total cash value at grant: reported as $0 (market value realized only upon vesting).
• Shares owned after transaction: not specified in the provided filing.
• Footnote: Award of RSUs that settle in stock upon vesting; generally vest ratably over three years (1/3 on each anniversary of grant).

Context
RSU grants are a common form of executive compensation and align pay with company stock performance; they do not represent an immediate cash transaction or open-market signal. The reported $0 simply reflects the grant accounting — actual economic value will depend on Alcoa’s share price when the RSUs vest.