Jones Tammi A 4

What Happened

• Tammi A. Jones, Executive Vice President & Chief Human Resources Officer of Alcoa (AA), had restricted stock-related transactions on Jan 29, 2026. The issuer withheld 3,526 shares to satisfy tax obligations (cashless/withholding), worth about $213,816, and Jones received 43 shares from RSU vesting/dividend-equivalent settlement worth about $2,607. These actions reflect tax withholding and stock settlement upon vesting of awards rather than an open-market sale.

Key Details

• Transaction date: 2026-01-29 (reported on Form 4 filed 2026-02-02; filing appears timely).
• Prices: $60.64 per share for all reported entries.
• Disposals/withholdings (tax withholding): 2,819 shares ($170,944), 683 shares ($41,417), 19 shares ($1,152), 5 shares ($303) — total withheld: 3,526 shares (~$213,816).
• Acquisitions (award/settlement): 35 shares ($2,122) and 8 shares ($485) — total acquired: 43 shares (~$2,607).
• Net change: -3,483 shares (3,526 withheld minus 43 acquired); net value withheld ≈ $211,209.
• Footnotes: F1 = withholding to satisfy tax obligations upon RSU vesting (2025 grants); F2 = shares from stock settlement of dividend equivalents; F3 = withholding on dividend-equivalent stock settlement; F4 = relates to 401(k) unit reporting (not directly involved here).
• Shares owned after the transactions are not provided in the data summarized here.

Context

• These transactions are routine tax-withholding and settlement events tied to RSU vesting and dividend-equivalent conversion, not open-market buying or selling that signal a change in investment intent. Tax-withholdings (coded F) are common and do not necessarily indicate the insider is reducing their economic stake beyond satisfying tax liabilities.