de Oliveira Marques Roberto 4

What Happened

Roberto de Oliveira Marques, a director of Alcoa Corp (AA), was granted 2,532 shares on 2026-05-08. The transaction is coded as an award/grant (Code A) and was reported on a Form 4 filed with the SEC on 2026-05-12. The Form 4 reports the acquisition price as $0.00, so the filing shows $0 in acquisition cost to the insider.

This is an award (compensation-related acquisition), not a purchase or sale — awards are common as director or executive compensation and do not by themselves indicate insider buying or selling intent.

Key Details

• Transaction date: 2026-05-08
• Filing date / Form 4 accession: Filed 2026-05-12 (Accession 0001193125-26-219558) — filed within the required reporting window.
• Transaction type/code: Award/Grant (Code A)
• Shares acquired: 2,532
• Reported acquisition price: $0.00 (total reported cost $0)
• Shares owned after transaction: Not specified in the data provided here.
• Footnotes/plan details: None provided in the supplied information (no 10b5-1, tax-withholding, or vesting detail included).

Context

Awards to directors are typically part of regular compensation (e.g., restricted stock or RSUs) and differ from open-market purchases or sales. Because the Form 4 shows an award at $0, the filing does not reflect the grant’s fair-market value, vesting schedule, or any tax-withholding that may occur later. Such grants are common and should be viewed as compensation disclosures rather than explicit insider market timing.