Filing Details

Accession Number:
0001790982-21-000086
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-05-28 17:19:32
Reporting Period:
2021-05-26
Accepted Time:
2021-05-28 17:19:32
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1790982 Arconic Corp ARNC Rolling Drawing & Extruding Of Nonferrous Metals (3350) 842745636
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1806213 J Mark Vrablec 201 Isabella Street
Suite 400
Pittsburgh PA 15212-5842
Evp & Cco No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2021-05-26 5,500 $35.40 13,904 No 4 S Indirect By Trust for the Benefit of the Reporting Person
Common Stock Disposition 2021-05-26 5,000 $35.40 11,000 No 4 S Indirect By Trust for the Benefit of the Reporting Person's Spouse
Common Stock Acquisiton 2021-05-26 10,500 $35.44 12,437 No 4 I Indirect By Company 401(k) Plan
Common Stock Disposition 2021-05-28 5,300 $35.25 8,604 No 4 S Indirect By Trust for the Benefit of the Reporting Person
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By Trust for the Benefit of the Reporting Person
No 4 S Indirect By Trust for the Benefit of the Reporting Person's Spouse
No 4 I Indirect By Company 401(k) Plan
No 4 S Indirect By Trust for the Benefit of the Reporting Person
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Phantom Stock Acquisiton 2021-05-26 5,349 $35.34 5,349 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
6,133 No 4 I Indirect
Footnotes
  1. Mr. Vrablec engaged in the reported transactions in the context of rebalancing various components of his investment portfolio while maintaining his aggregate investment in Arconic Corporation (the Company). Mr. Vrablec sold 15,800 shares held indirectly in personal trusts and entered into offsetting purchases of 10,500 shares in his 401(k) plan account and 5,349 shares in his deferred compensation plan account. Mr. Vrablec notified the Company prior to effecting the foregoing transactions, and reimbursed the Company in the amount of $322.94, which is the total amount of short swing profits resulting from the foregoing transactions. Such reimbursement constitutes the recovery by the Company of short swing profits in accordance with Section 16(b) of the Securities and Exchange Act of 1934, and does not constitute an admission by Mr. Vrablec of the use of, or intent to use, material non-public information or other information obtained by him by reason of his relationship with the Company in effecting the foregoing transactions.
  2. Each phantom stock unit is the economic equivalent of one share of Arconic Corporation common stock.
  3. Phantom stock units were acquired under the Arconic Corporation Deferred Compensation Plan and are to be paid out in cash after termination of employment. The reporting person may transfer the phantom stock into an alternative investment account under the Plan at times permitted under the Plan.