Michael Niem Chanatry - 05 Sep 2024 Form 4 Insider Report for Howmet Aerospace Inc. (HWM)

Signature
/s/ Margaret Lam, Assistant Secretary (Attorney-in-Fact)
Issuer symbol
HWM
Transactions as of
05 Sep 2024
Net transactions value
-$5,030,908
Form type
4
Filing time
10 Sep 2024, 06:00:11 UTC
Previous filing
04 Sep 2024
Next filing
01 Oct 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HWM Common Stock Options Exercise +53,401 +34% 211,454 05 Sep 2024 Direct F1
transaction HWM Common Stock Disposed to Issuer $5,030,908 -53,401 -25% $94.21 158,053 05 Sep 2024 Direct F1
holding HWM Common Stock 8,845 05 Sep 2024 By Company 401(k) Plan

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction HWM Phantom Stock Units Options Exercise -53,401 -100% 0 05 Sep 2024 Common Stock 53,401 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each phantom stock unit is the economic equivalent of one share of Howmet Aerospace common stock. Phantom stock units were acquired under the Howmet Aerospace Deferred Compensation Plan. As permitted by the plan, the reporting person transferred the phantom stock units into an alternative investment account under the plan.