With Aluminum Demand Soaring, This Director Sold 1,524 Kaiser Aluminum Shares Worth $261,000

2 hours ago 2

Sarah Sidlow, The Motley Fool

Mon, May 4, 2026 astatine 9:45 AM CDT 4 min read

Director Richard P. Grimley of Kaiser Aluminum Corporation (NASDAQ:KALU) disclosed an open-market merchantability of 1,524 shares of communal banal for a transaction worth of ~$261,000, according to the SEC Form 4 filing.

Transaction summary

Metric

Value

Shares sold (direct)

1,524

Transaction value

$261,000

Post-transaction shares (direct)

4,578

Post-transaction worth (direct ownership)

$790,000

Transaction worth based connected SEC Form 4 reported terms ($171.52); post-transaction worth based connected April 29, 2026 closing terms ($172.52).

Key questions

  • What proportionality of Grimley's equity presumption was affected by this transaction?
    This merchantability represented 25% of his nonstop communal banal holdings astatine the time, reducing his presumption from 6,102 to 4,578 shares.

  • Was the transaction executed astatine a premium oregon discount to the trading scope that day?
    The weighted mean merchantability terms was $171.52 per share, somewhat beneath the April 29, 2026 marketplace adjacent of $172.52.

  • Did this disposition impact immoderate indirect entities oregon derivative securities?
    No, each shares were sold from Grimley's nonstop ownership; determination were nary indirect holdings, trusts, oregon options exercised oregon disposed of successful this filing.

  • What does Grimley's remaining ownership connote for ongoing alignment?
    Following the transaction, Grimley retains a nonstop presumption of 4,578 communal banal shares, indicating ongoing equity vulnerability and continued alignment with shareholder interests.

Company overview

Metric

Value

Revenue (TTM)

$3.7 billion

Net income (TTM)

$153.4 million

Dividend yield

1.8%

1-year terms change

166.8%

*1-year terms alteration calculated arsenic of April 29, 2026.

Company snapshot

  • Manufactures and sells semi-fabricated specialty aluminum mill products, including rolled, extruded, and drawn aluminum for aerospace, packaging, automotive, and wide engineering applications.

  • Generates gross chiefly done the nonstop merchantability of aluminum products and value-added fabrication services to concern and commercialized clients.

  • Main customers see companies successful the aerospace and defense, beverage and nutrient packaging, automotive, and wide engineering sectors, with a planetary income footprint spanning North America, Europe, and Asia.

Kaiser Aluminum Corporation is simply a starring shaper of specialty aluminum products, serving a wide scope of extremity markets from aerospace to packaging and automotive. The institution leverages a divers merchandise portfolio and value-added services to conscionable analyzable lawsuit requirements and thrust unchangeable gross streams. Its established planetary organisation web and absorption connected high-performance applications supply a competitory borderline wrong the aluminum industry.

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