Calloway Kenneth L 4
Research Summary
AI-generated summary
CENX SVP Kenneth Calloway Sells 18,000 Shares
What Happened
Kenneth L. Calloway, Senior Vice President, Human Resources at Century Aluminum Co. (CENX), sold 18,000 shares in an open-market transaction on March 12, 2026 at $58.00 per share, generating gross proceeds of $1,044,000. This was a sale (not a purchase or option exercise).
Key Details
- Transaction date: 2026-03-12
- Transaction type: Sale (open market) — Code S
- Price per share: $58.00
- Total proceeds: $1,044,000
- Form 4 filed: 2026-03-13 (one day after the trade; Form 4s are generally due within two business days)
- Shares owned after transaction: Not specified in the provided excerpt — see the full Form 4 for reported beneficial ownership totals.
- Footnote: F1 notes that reported ownership includes unvested RSUs granted under the issuer’s Long‑Term Incentive Plans, which can affect beneficial ownership calculations.
- No indication in the provided details that the reporting person is a 10% owner.
Context
A direct sale by an executive is often routine (for liquidity, diversification, or tax reasons) and does not by itself indicate a change in company outlook. Purchases typically carry more signal for bullish insider sentiment; this filing documents a routine open‑market disposition rather than an acquisition or option exercise. For complete holdings and any additional disclosures, consult the full Form 4 (Accession 0001628280-26-017779).