Reed Matthew T 4

What Happened
Matthew T. Reed, Executive Vice President and Chief Operations Officer of Alcoa Corp (AA), sold 4,600 shares in an open-market transaction on July 22, 2026. The shares were sold at $46.82 each for a total proceeds of approximately $215,372. This was a sale (S) rather than a purchase — sales are often routine and do not necessarily indicate a change in insider sentiment.

Key Details

• Transaction date and price: 2026-07-22 — 4,600 shares sold at $46.82 per share.
• Total proceeds: ~$215,372.
• Shares owned after transaction: Not specified in the portion of the filing provided.
• Plan/footnotes: No 10b5-1 plan, tax-withholding, or other footnotes were disclosed in the summary provided.
• Filing timeliness: Form 4 was filed on 2026-07-23 (next calendar day), which appears to be timely.

Context
The reported code is S (sale) and was an open-market disposition. For retail investors, purchases by insiders can be a stronger signal of conviction than routine sales; a single sale like this is informational but not by itself evidence of a change in company outlook. Check the full Form 4 filing for ownership totals and any footnotes if you need more detail.