Jones Tammi A 4

What Happened

• Tammi A. Jones, Alcoa's EVP & Chief Human Resources Officer, was granted a total of 13,510 restricted stock units (RSUs) on January 28, 2026. The grant entries show 9,340; 1,870; 1,770; and 530 RSUs respectively, all with $0.00 purchase price (these are awards, not cash purchases).
• These RSUs are settled in shares upon vesting; the filing reports no cash paid by the insider. This is a compensation award (not a market purchase or sale).

Key Details

• Transaction date: 2026-01-28; filing date: 2026-01-30 (filing appears timely).
• Grants: 9,340 RSUs + 1,870 RSUs + 1,770 RSUs + 530 RSUs = 13,510 RSUs total; reported price per share $0.00 (award).
• Shares owned after the transaction: not disclosed in the information provided.
• Footnotes: F1 — RSUs settle in stock and generally vest ratably over a three-year period (on the first, second and third anniversaries of the grant). F2 — notes about 401(k) unit reporting method appear in the filing’s footnotes (plan reporting detail).
• No indication in the provided data of a 10b5‑1 plan, tax-withholding sale, or immediate cashless sale.

Context

• RSU awards are a form of compensation and will convert into actual shares only as they vest; they are common for executive pay and do not by themselves signal a buy or sell decision by the insider. Over time vested shares will increase share count (dilution) modestly as they’re settled in stock.