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Century Aluminum’s (CENX) Kenneth Calloway Sells 18K Shares Amid Insider Selling Spree

by theadvisertimes.com
5 months ago
in Markets
Reading Time: 2 mins read
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Century Aluminum’s (CENX) Kenneth Calloway Sells 18K Shares Amid Insider Selling Spree
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$CENX
Transaction
SELL
18,000 shares
Total Value
$1.04M
@ $58.00/share
Insider
SVP, Human Resources
Calloway Kenneth L

Senior executives exit positions. Century Aluminum Company (CENX) executive Kenneth L. Calloway offloaded 18,000 shares at $58.00 per share for proceeds of $1.04 million. SVP of IT and CAO Robert F. Hoffman sold 10,529 shares at $56.51 per share, generating $594,994.

Calloway retains modest stake. Following his sale, Calloway holds 24,902 shares in the aluminum producer. Hoffman’s remaining position stands at 56,643 shares after his transaction. The price differential between the two sales—$58.00 versus $56.51—suggests the transactions occurred on different days or through different execution methods.

Sustained selling. The dual sales add to a pronounced pattern of insider liquidation at Century Aluminum. Glencore Plc, BlackRock, and Vanguard are among the largest institutional shareholders in Century Aluminum.

What to Watch: Monitor for additional Form 4 filings from Century Aluminum executives in coming weeks. Watch whether insider selling subsides or accelerates as aluminum prices fluctuate.

This article was generated using AlphaStreet’s proprietary financial analysis technology and reviewed by our editorial team.

Related: MEOH: Methanex (MEOH) Stock Plunges 10.9% as Q4 Loss of $0.14/Share Misses Estimate by 121.7% | MEOH: Methanex (MEOH) Stock Plunges 10.9% After Swinging to $0.14 Loss, Missing EPS by 121.7% | TSE: Trinseo (TSE) Reports Q4 Loss of $2.56/Share as Revenue Drops 19.3% YoY to $662.6M | LYB: LYB Stock Jumps 10.3% After Q4 Earnings Miss as Investors Bet on Chemical Industry Recovery | CE: CE Stock Jumps 14.7% Despite Missing Q4 EPS Estimates by 26.3% on $2.20B Revenue | Full CENX analysis on AlphaStreet

The post Century Aluminum’s (CENX) Kenneth Calloway Sells 18K Shares Amid Insider Selling Spree first appeared on Alphastreet.



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Tags: 18kAluminumsCallowayCenturyCENXInsiderKennethSellingsellssharesspree
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