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 a director of Century Aluminum Co. (CENX), sold 150,000 shares on 2026-03-16. The reported weighted-average sale price was $55.47, for total proceeds of $8,320,500. The sale was reported on Form 4 (filed 2026-03-17) and is coded as a sale (S).
Key Details
- Transaction date: 2026-03-16; weighted-average price: $55.47 per share; price range reported: $54.08–$56.80 (sales occurred in multiple trades).
- Total shares sold: 150,000; total proceeds: $8,320,500.
- The sale was effected under a Rule 10b5-1 trading plan adopted 2025-08-20; the filing states there are no additional shares available under the plan (the plan is complete).
- The filer offers to provide specifics on the number of shares and prices for each trade upon request (per the footnote).
- Ownership after the transaction is not specified in the Form 4; the filing notes some holdings are in a self-settled revocable trust for which he is trustee and may include unvested RSUs.
Context
- This was an open-market/private sale under a pre-established 10b5-1 plan, which are commonly used by insiders to systematically sell shares and generally reduce questions about timing decisions. The Form 4 was filed the next day, so the report appears timely.