Wilcox Brett 4

What Happened

• Brett Wilcox, a director of Kaiser Aluminum (KALU), sold 15,000 shares in an open-market transaction on April 27, 2026.
• The sales were executed across a price range of $173.60 to $175.23 per share, with a reported weighted average price of $174.44, for total proceeds of roughly $2,616,600.
• This was a sale (routine disposition) rather than a purchase or grant; sales do not by themselves indicate the insider’s view of the company’s prospects.

Key Details

• Transaction date: April 27, 2026; Form 4 filed April 29, 2026 (appears timely under the two-business-day rule).
• Prices: $173.60–$175.23 per share; weighted average $174.44; total proceeds ≈ $2,616,600.
• Shares sold: 15,000 (reported as multiple transactions).
• Shares owned after transaction: Not specified in the provided filing details.
• Footnote: The filing notes the sale occurred in multiple transactions across the stated price range; the reporting person will provide a breakdown of the number of shares sold at each separate price upon request by the SEC staff, the company, or a shareholder.

Context

• Sales by directors can be routine (portfolio rebalancing, tax planning, etc.) and do not, by themselves, signal management’s view of the company. Purchases generally carry more weight for interpreting insider confidence.