Wilcox Brett 4
4 · KAISER ALUMINUM CORP · Filed Jun 5, 2026
Research Summary
AI-generated summary of this filing
Kaiser Aluminum (KALU) Director Brett Wilcox Receives Stock Award
What Happened
Brett Wilcox, a director of Kaiser Aluminum Corporation (KALU), was awarded a total of 1,114 shares on June 4, 2026. The Form 4 reports two acquisitions: 786 shares recorded at $0.00 (restricted stock grant) and 328 shares acquired at $178.10 each (total value $58,417). These are grants/awards (code A), not open‑market purchases or sales.
Key Details
- Transaction date: 2026-06-04; Form filed 2026-06-05 (timely filing).
- Items reported:
- 786 shares @ $0.00 — restricted stock grant (see footnote F1).
- 328 shares @ $178.10 — stock received in lieu of cash retainer; total = $58,417 (see footnotes F2, F3).
- Shares acquired total: 1,114.
- Shares owned after the transaction: not disclosed in the provided excerpt.
- Important footnotes:
- F1: Restricted stock; restrictions lapse June 4, 2027.
- F2: 328 shares issued at the director’s election in lieu of annual cash retainer.
- F3: $178.10 equals the 20‑day average NASDAQ closing price prior to 6/4/2026.
- Transaction code: A = Award/Grant.
Context
These entries reflect director compensation (an equity award and stock issued instead of cash), which are routine and do not represent open‑market buying or selling. The restricted shares vest on June 4, 2027; the cash‑in‑lieu shares were priced using the 20‑day average prior to the grant date.
Insider Transaction Report
- Award
Common Stock, par value $0.01 per share
[F1]2026-06-04+786→ 2,691 total - Award
Common Stock, par value $0.01 per share
[F2][F3]2026-06-04$178.10/sh+328$58,417→ 3,019 total
- 9,887(indirect: By Trust)
Common Stock, par value $0.01 per share
Footnotes (3)
- [F1]Grant to the reporting person of restricted stock under the Kaiser Aluminum Corporation 2021 Equity and Incentive Compensation Plan, as amended and restated. All restrictions will lapse on June 4, 2027.
- [F2]Stock received by the reporting person under the Kaiser Aluminum Corporation 2021 Equity and Incentive Compensation Plan, as amended and restated, at such person's election in lieu of all or a portion of the reporting person's annual cash retainer for serving as a member of the Board of Directors of Kaiser Aluminum Corporation and chair or a member of one or more committees of the Board of Directors.
- [F3]Equal to the average closing price of the Issuer's common stock as reported by the Nasdaq Stock Market, LLC for the 20 trading days prior to June 4, 2026.