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