Bacchi Renato 4

What Happened
Renato Bacchi, EVP & Chief Commercial Officer of Alcoa Corp (AA), had 2,290 shares withheld by the company to satisfy tax obligations when restricted stock units (RSUs) granted in 2025 vested. The withholding amount equals 2,290 shares at $60.64 per share, totaling approximately $138,866. This was a tax-withholding disposal (transaction code F), not an open-market sale.

Key Details

• Transaction date: 2026-01-29; filing date: 2026-02-02 (filed within the required two business days).
• Shares withheld/disposed: 2,290 at $60.64 per share; total value ≈ $138,866.
• Transaction type: F — shares withheld by issuer to satisfy tax obligations on vested RSUs (see footnote F1).
• Shares beneficially owned after the transaction: not specified in the provided filing details.
• This is a routine tax-withholding event and does not indicate an active sale decision by the insider.

Context
When RSUs vest, companies commonly withhold a portion of shares to cover required taxes rather than selling shares in the open market. Such withholdings are administrative and generally not interpreted as a signal about the insider's view of the stock.