Bevan John A 4

What Happened
John A. Bevan, a director of Alcoa Corporation (AA), was granted 2,532 shares (reported as an acquisition) on 2026-05-08. The filing reports a per-share price of $0.00 (total reported value $0), indicating these shares were issued as an award/grant rather than purchased. This transaction is coded “A” (award/other acquisition).

Key Details

• Transaction date: 2026-05-08; Form 4 filed 2026-05-12 (timely within the 2-business-day requirement).
• Transaction type/code: Award/other acquisition (A).
• Shares involved: 2,532 shares; reported acquisition price $0.00 (total $0).
• Shares owned after transaction: Not specified in the provided filing.
• Footnote: Shares are traded as CHESS Depositary Interests (CDIs) on the ASX and represent a beneficial interest in one ordinary Alcoa share held by CHESS Depositary Nominees Pty. Ltd. (Footnote F1).

Context
This was an equity award (compensation-related grant) rather than an open-market purchase or sale. Awards are common for executives and directors and do not by themselves indicate a buying/selling signal from the insider. The $0.00 reporting typically reflects issuance under a compensation plan rather than a cash purchase.