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
- 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.
- Each phantom stock unit is the economic equivalent of one share of Arconic Corporation common stock.
- 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.