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
| 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
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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
| 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
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Manufactures and sells semi-fabricated specialty aluminum mill products, including rolled, extruded, and drawn aluminum for aerospace, packaging, automotive, and wide engineering applications.
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Generates gross chiefly done the nonstop merchantability of aluminum products and value-added fabrication services to concern and commercialized clients.
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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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