Gary Jesse E 4
Research Summary
AI-generated summary
Century Aluminum (CENX) CEO Gary Jesse E Sells 150,000 Shares
What Happened
- Gary Jesse E, President, CEO and Director of Century Aluminum (CENX), sold 150,000 shares in an open-market transaction on January 23, 2026. The reported weighted-average sale price was $48.19 per share, for total proceeds of approximately $7,228,500.
- The filing also reports a transfer (reported as a gift) of 314,611 shares on January 12, 2026 to a self-settled, revocable trust for estate-planning purposes (reported at $0.00).
Key Details
- Transaction dates and prices:
- Jan 12, 2026 — Gift: 314,611 shares transferred to a self-settled revocable trust (reported as $0.00).
- Jan 23, 2026 — Sale: 150,000 shares sold; weighted-average price reported $48.19; per-footnote-range prices were $46.64–$49.11.
- Total proceeds from the sale: ~$7,228,500.
- Footnotes of note:
- F1/F5: Shares transferred to and held in a self-settled, revocable trust for which the reporting person is trustee.
- F2: Some reported holdings include unvested RSUs under the issuer’s long-term incentive plans.
- F3: The sale was effected under a Rule 10b5-1 trading plan adopted Aug 20, 2025 (pre-arranged plan).
- F4: The $48.19 figure is a weighted average; the filing offers to provide exact per-trade details on request.
- Shares owned after the transaction: the filing does not state a total post-transaction share count.
Context
- Gifts (the Jan 12 transfer) are typically estate-planning moves and do not necessarily indicate the insider’s view of the company’s near-term prospects.
- The Jan 23 sale was made under a Rule 10b5-1 plan, which means it was part of a pre-established trading program and is generally viewed as planned rather than a timely signal of sentiment.
- Form 4s are generally required within two business days of a transaction; this filing was submitted on Jan 23, 2026 and reports both the Jan 12 gift and the Jan 23 sale. If you need confirmation about timeliness or exact per-trade prices, the filer offers to provide full trade-level details upon request.