Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-09-17

Alcoa (AA)

CEO William Oplinger was paid $14,002,088 in fiscal year 2025, ↑ up 3.8% from fiscal year 2024, the 36th percentile of its disclosed peer group (SEC filing 0001193125-26-115997 ↗): executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$14,002,088 ↑
William Oplinger total, FY2025
36th
CEO pay percentile vs peers
132:1
CEO-to-median pay ratio
94.35%
Say-on-pay support, latest vote

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Sample answer — “What is the CEO’s total compensation?”
- William Oplinger (President and Chief Executive Officer), FY2025 total compensation $14,002,088 (base salary $1,298,925) [exec_comp, SEC accession 0001193125-26-115997, filed 2026-03-19]

Answered within 24 hours, every figure cited to its SEC filing. If our database cannot answer your question, you are refunded automatically.

AA's next annual pay disclosure, estimated March 19, 2027.est. Filing ↗

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
William Oplinger$1,298,925$0$9,899,069$0$2,314,684$334,662$154,748$14,002,088
President and Chief Executive Officer
Molly Beerman694,38402,639,8800907,421094,8054,336,490
Executive Vice President and Chief Financial Officer
Matthew Reed691,32402,639,8800821,292096,7854,249,281
Executive Vice President and Chief Operations Officer
Andrew Hastings618,68201,540,5560629,1550293,3193,081,712
Executive Vice President and General Counsel
Renato Bacchi596,50501,540,5560651,956074,6642,863,681
Executive Vice President and Chief Commercial Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY2024→2025
William Oplinger$14,002,088$13,495,263$4,706,433↑ +506,825
Molly Beerman4,336,4904,245,7173,166,893↑ +90,773
Matthew Reed4,249,2814,137,448—↑ +111,833
Andrew Hastings3,081,7122,830,464820,815↑ +251,248
Renato Bacchi2,863,6812,960,9292,247,545↓ −97,248

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

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Companies that benchmark against AA
13 companies name AA as a compensation peer

Each company listed discloses AA in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named AA in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01b

Executives — the named officers

One page per officer: the same table above, read for one person at a time — his own figure and every fiscal year the register holds.

ExecutiveRoleFY2025 total
Renato BacchiCCO$2,863,681
Andrew HastingsGeneral Counsel$3,081,712
Matthew ReedCOO$4,249,281
Molly BeermanCFO$4,336,490
William OplingerCEO$14,002,088
01c

Board of directors

One page per director: the seat, the committees and the fee table, read for one person at a time.

DirectorRoleFY2025 total
Alistair FieldIndependent Director$290,003
Brian R. GalovichIndependent Director—
Carol L. RobertsIndependent Director$312,716
Ernesto ZedilloIndependent Director$290,003
Jackson P. RobertsIndependent Director$306,503
James A. HughesIndependent Director$311,731
John A. BevanIndependent Director$297,135
Mary Anne CitrinoIndependent Director$321,003
Pasquale FioreIndependent Director$301,003
Roberto O. MarquesIndependent Director$297,135
Steven W. WilliamsFormer director (through FY2025)$108,091
Thomas J. GormanChair of the Board$410,552
02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Emily M. OlsonEVP & Chief Ext. Aff. Officer2026-04-15A8,760$0$0CommonForm 4 ↗
John A. BevanDirector2026-05-08A2,53200CommonForm 4 ↗
Alistair FieldDirector2026-05-08A2,53200CommonForm 4 ↗
Pasquale FioreDirector2026-05-08A2,53200CommonForm 4 ↗
Jackson Prince RobertsDirector2026-05-08A2,53200CommonForm 4 ↗
Mary Anne CitrinoDirector2026-05-08A2,53200CommonForm 4 ↗
Brian R. GalovichDirector2026-05-08A2,53200CommonForm 4 ↗
Thomas J. GormanDirector2026-05-08A2,53200CommonForm 4 ↗
James A. HughesDirector2026-05-08A2,53200CommonForm 4 ↗
de Oliveira Marques RobertoDirector2026-05-08A2,53200CommonForm 4 ↗
Carol L. RobertsDirector2026-05-08A2,53200CommonForm 4 ↗
Matthew ReedEVP, Chief Operations Officer2026-07-22D4,60047215,372CommonForm 4 ↗
Andrew HastingsEVP & Gen. Counsel2026-08-17D6,00051305,412CommonForm 4 ↗
Tammi A. JonesEVP & CHRO2026-08-27D15,62851790,733CommonForm 4 ↗
Renato BacchiEVP & Chief Commercial Officer2026-08-31D7005135,714CommonForm 4 ↗
Andrew HastingsEVP & Gen. Counsel2026-09-15D2,52547117,463CommonForm 4 ↗
Andrew HastingsEVP & Gen. Counsel2026-09-15D1,2004755,824CommonForm 4 ↗
Andrew HastingsEVP & Gen. Counsel2026-09-15A2,63800CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Matthew ReedPSU2025-02-20038,660—77,320$1,679,777
Renato BacchiPSU2025-02-20022,560—45,120980,232
Molly BeermanPSU2025-02-20038,660—77,3201,679,777
Andrew HastingsPSU2025-02-20022,560—45,120980,232
Andrew HastingsRSU2025-01-29——15,950—560,324
Renato BacchiRSU2025-01-29——15,950—560,324
William OplingerRSU2025-01-29——102,480—3,600,122
William OplingerPSU2025-02-200144,970—289,9406,298,947
Molly BeermanRSU2025-01-29——27,330—960,103
Matthew ReedRSU2025-01-29——27,330—960,103
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Matthew Reed$960,103$1,679,777$063.6%
Renato Bacchi560,324980,232063.6%
Molly Beerman960,1031,679,777063.6%
Andrew Hastings560,324980,232063.6%
William Oplinger3,600,1226,298,947063.6%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Matthew ReedRSU46,150—$2,452,411
William OplingerPSU322,010—17,111,611
Renato BacchiRSU43,844—2,329,870
William OplingerRSU202,396—10,755,323
Molly BeermanPSU83,730—4,449,412
Molly BeermanRSU66,940—3,557,192
Matthew ReedPSU83,730—4,449,412
Renato BacchiPSU54,760—2,909,946
Andrew HastingsPSU48,320—2,567,725
Andrew HastingsRSU34,891—1,854,108
05

Incentive-plan design — the Compensation Discussion & Analysis

The fundamental objectives of our executive compensation program are to align pay with performance, retain talent, and drive stockholder value through programs and practices that are competitive in the marketplace for top executive talent and incorporate sound policies and practices.

CEO STI target (% of salary)150%
CEO LTI target (% of salary)—
Independent consultantPay Governance
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-06187,195,11910,898,440314,63994.35%Passed
20252025-05-08169,751,47716,995,4456,140,93388.01%Passed
20232023-05-05125,747,6777,448,533349,49194.41%Passed
20222022-05-05128,808,0806,885,790327,13494.93%Passed
20212021-05-06109,199,40712,871,210315,74089.46%Passed
20202020-05-06104,699,41512,783,0452,132,85689.12%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-05-0694.35%a
20252025-05-0888.01%b
20232023-05-0594.41%c

a. Approved under the standard stated in the filing — “Proposal 3 --Approval, on an Advisory Basis, of the Company's 2025 Named Executive Officer Compensation "For," "Against," or "Abstain" "FOR" Majority of shares represented at the Annual Meeting and entitled to vote Abstentions have the effect of votes "against." Broker non-votes have no effect.”.

b. Approved under the standard stated in the filing — “Proposal 3 --Approval, on an Advisory Basis, of the Company's 2024 Named Executive Officer Compensation "For," "Against," or "Abstain" "FOR" Majority of shares represented at the Annual Meeting and entitled to vote Abstentions have the effect of votes "against." Broker non-votes have no effect.”.

c. Approved under the standard stated in the filing — “Broker non-votes and abstentions will have no impact, as they are not counted as votes cast for this purpose.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)132 : 1
CEO total compensation$14,002,088
Median employee compensation$106,009
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Thomas J. GormanIndependent · Board Chair · Audit$250,549$160,003$0$0$0$410,552
Mary Anne CitrinoIndependent · Audit · Governance and Nominating (Chair)161,000160,003000321,003
Carol L. RobertsIndependent · People and Compensation (Chair) · Safety, Sustainability and Public Issues152,713160,003000312,716
James A. HughesIndependent · Audit (Chair) · Governance and Nominating151,728160,003000311,731
Jackson P. RobertsIndependent · Governance and Nominating146,500160,003000306,503
Pasquale FioreIndependent · Audit · People and Compensation141,000160,003000301,003
Roberto O. MarquesIndependent · Audit137,132160,003000297,135
John A. BevanIndependent · Audit · Safety, Sustainability and Public Issues137,132160,003000297,135
Alistair FieldIndependent · People and Compensation · Safety, Sustainability and Public Issues130,000160,003000290,003
Ernesto ZedilloIndependent · Governance and Nominating130,000160,003000290,003
Steven W. WilliamsIndependent · Audit · Departed during FY108,0910000108,091
William F. OplingerEmployee director000—00
Brian R. GalovichIndependent · Newly elected000000
09

Board fee structure and ownership guideline

Annual cash retainer$130,000
Annual equity retainer$160,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)27,500 / 20,000 / 20,000
Stock ownership guideline$750,000
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$1,645,845
Equity awards (grant-date value)$1,600,030
All other compensation$0
Total cost of the board$3,245,875

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Alcoa names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Alcoa.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Eastman Chemical Company2025Mark Costa$1,406,958$12,682,200$3,278,151$987,000$19,498,966
2Cleveland-Cliffs Inc.2025Lourenco Goncalves2,201,00012,874,37403,345,52019,023,041
3Ecolab Inc.2025Christophe Beck1,390,0817,228,1014,566,9163,383,18317,404,935
4Packaging Corporation of America2025Mark Kowlzan1,539,39611,484,12303,100,70016,992,255
5Newmont Corporation2025Tom Palmer1,435,00010,094,35103,339,60415,625,168
6Nucor Corporation2025Leon J. Topalian1,560,0008,895,2732,000,0002,486,20314,945,471
7PPG Industries Inc.2025Timothy Knavish1,300,0007,333,5423,666,6901,924,00014,885,022
8International Paper Company2025Andrew Silvernail1,000,00012,174,81801,318,50014,838,324
9Freeport-McMoRan Inc.2025Kathleen Quirk1,400,00011,631,59001,400,70014,808,126
10Huntsman Corporation2025Peter R. Huntsman1,334,12510,513,39301,329,56114,666,623
11Alcoa2025William Oplinger1,298,9259,899,06902,314,68414,002,088
12Reliance, Inc.2025Karla Lewis1,325,0007,653,35002,072,30013,374,389
13Steel Dynamics, Inc.2025Mark Millett1,535,0005,095,406—5,372,50012,059,908
14Air Products and Chemicals, Inc.2025Eduardo Menezes810,84610,918,5010011,809,287
15Celanese Corporation2025Scott Richardson—5,249,9582,249,9901,342,62510,137,072
16Commercial Metals Company2025Peter Matt1,084,6165,505,80501,322,5308,022,901
—United States Steel Corporation——————not in coverage universe

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Alcoa118.8%PSU 60 · RSU 40Yes — Relative TSRPay Governance
Air Products and Chemicals, Inc.not disclosedPSU 60 · RSU 40Yes — Relative TSR (compared to S&P 500 Index)Willis Towers Watson
Celanese Corporation93.4%PSU 70 · Options 30NoWillis Towers Watson PLC
Cleveland-Cliffs Inc.not disclosedPerformance Cash 34 · PSU 33 · RSU 33not disclosedPearl Meyer & Partners, LLC
Commercial Metals Companynot disclosednot disclosednot disclosedFW Cook
Eastman Chemical Company47%PSA 60 · Option 20 · RSU 20Yes — Relative total shareholder return (rTSR)Aon plc
Ecolab Inc.137%PSU 60 · Options 40Yes — relative TSRFW Cook
Freeport-McMoRan Inc.66.7%PSU 75 · RSU 25NoFW Cook
Huntsman Corporationnot disclosednot disclosedYes — Relative TSRMeridian Compensation Partners, LLC
International Paper Company87.9%PSU 100Yes — Relative TSRFrederic W. Cook
Newmont Corporation155.15%PSU 67 · RSU 33Yes — Absolute TSRFW Cook
Nucor Corporation177.08%Cash LTI 50NoPearl Meyer & Partners, LLC
Packaging Corporation of Americanot disclosedMSU 34 · RSU 33 · PSU 33Yes — TSRFW Cook
PPG Industries Inc.93%MSU 34 · Options 33 · PSU 33NoFW Cook
Reliance, Inc.156.4%PSU 80 · RSU 20NoPay Governance LLC
Steel Dynamics, Inc.350%PSU 53 · RSU 47NoPearl Meyer & Partners, LLC
United States Steel Corporationnot disclosednot disclosednot disclosednot disclosed

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

10d

Frequently asked questions

Who was the highest-paid executive at Alcoa in fiscal 2025?
As disclosed, William Oplinger (President and Chief Executive Officer) was the highest-paid executive at Alcoa in fiscal 2025, with total compensation of $14,002,088.
How does Alcoa's chief executive pay compare to its disclosed peer group?
As disclosed, William Oplinger's total compensation ranked at the 36th percentile of Alcoa's disclosed peer group.
What is Alcoa's CEO-to-median employee pay ratio?
As disclosed, Alcoa's CEO-to-median employee pay ratio was 132:1.
How did shareholders vote on Alcoa's executive compensation?
As disclosed, 94.35% of shareholders supported Alcoa's executive compensation in the latest say-on-pay vote.
How much does Alcoa spend in total on board compensation for fiscal 2025?
As disclosed, Alcoa reported total board compensation of $3,245,875 for fiscal 2025.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, William OplingerDEF 14A2026-03-190001193125-26-115997Section “2025 Summary Compensation Table”. As printed: 14,002,088. Filing ↗machine: span 2023002–2023012
2Section 01, Molly BeermanDEF 14A2026-03-190001193125-26-115997Section “2025 Summary Compensation Table”. As printed: 4,336,490. Filing ↗machine: span 2057520–2057529
3Section 01, Matthew ReedDEF 14A2026-03-190001193125-26-115997Section “2025 Summary Compensation Table”. As printed: 4,249,281. Filing ↗machine: span 2092198–2092207
4Section 01, Andrew HastingsDEF 14A2026-03-190001193125-26-115997Section “2025 Summary Compensation Table”. As printed: 3,081,712. Filing ↗machine: span 2125943–2125952
5Section 01, Renato BacchiDEF 14A2026-03-190001193125-26-115997Section “2025 Summary Compensation Table”. As printed: 2,863,681. Filing ↗machine: span 2160578–2160587
6Section 03, Matthew Reed PSUDEF 14A2026-03-190001193125-26-115997Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t90 · r4 · c4 · span 1817867–1817873
7Section 03, Renato Bacchi PSUDEF 14A2026-03-190001193125-26-115997Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t90 · r6 · c4 · span 1823877–1823883
8Section 03, Molly Beerman PSUDEF 14A2026-03-190001193125-26-115997Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t90 · r3 · c4 · span 1814863–1814869
9Section 03, Andrew Hastings PSUDEF 14A2026-03-190001193125-26-115997Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t90 · r5 · c4 · span 1820875–1820881
10Section 03, Andrew Hastings RSUDEF 14A2026-03-190001193125-26-115997Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t90 · r5 · c6 · span 1821688–1821694
11Section 03, Renato Bacchi RSUDEF 14A2026-03-190001193125-26-115997Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t90 · r6 · c6 · span 1824686–1824692
12Section 03, William Oplinger RSUDEF 14A2026-03-190001193125-26-115997Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t90 · r2 · c6 · span 1812666–1812673
13Section 03, William Oplinger PSUDEF 14A2026-03-190001193125-26-115997Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t90 · r2 · c4 · span 1811856–1811863
14Section 03, Molly Beerman RSUDEF 14A2026-03-190001193125-26-115997Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t90 · r3 · c6 · span 1815672–1815678
15Section 03, Matthew Reed RSUDEF 14A2026-03-190001193125-26-115997Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t90 · r4 · c6 · span 1818676–1818682
16Section 07, pay ratioDEF 14A2026-03-190001193125-26-115997Section “CEO Pay Ratio”. As printed: 132 : 1. Filing ↗machine: span 3506911–3506914
17Section 08, Thomas J. GormanDEF 14A2026-03-190001193125-26-115997Section “Director Compensation”. As printed: 410,552. Filing ↗machine: t56 · r2 · c9 · span 1184261–1184528
18Section 08, Mary Anne CitrinoDEF 14A2026-03-190001193125-26-115997Section “Director Compensation”. As printed: 321,003. Filing ↗machine: t56 · r4 · c9 · span 1192926–1193193
19Section 08, Carol L. RobertsDEF 14A2026-03-190001193125-26-115997Section “Director Compensation”. As printed: 312,716. Filing ↗machine: t56 · r9 · c9 · span 1214648–1214915
20Section 08, James A. HughesDEF 14A2026-03-190001193125-26-115997Section “Director Compensation”. As printed: 311,731. Filing ↗machine: t56 · r7 · c9 · span 1205979–1206246
21Section 08, Jackson P. RobertsDEF 14A2026-03-190001193125-26-115997Section “Director Compensation”. As printed: 306,503. Filing ↗machine: t56 · r10 · c9 · span 1219041–1219308
22Section 08, Pasquale FioreDEF 14A2026-03-190001193125-26-115997Section “Director Compensation”. As printed: 301,003. Filing ↗machine: t56 · r6 · c9 · span 1201589–1201856
23Section 08, Roberto O. MarquesDEF 14A2026-03-190001193125-26-115997Section “Director Compensation”. As printed: 297,135. Filing ↗machine: t56 · r8 · c9 · span 1210372–1210639
24Section 08, John A. BevanDEF 14A2026-03-190001193125-26-115997Section “Director Compensation”. As printed: 297,135. Filing ↗machine: t56 · r3 · c9 · span 1188534–1188801
25Section 08, Alistair FieldDEF 14A2026-03-190001193125-26-115997Section “Director Compensation”. As printed: 290,003. Filing ↗machine: t56 · r5 · c9 · span 1197200–1197467
26Section 08, Ernesto ZedilloDEF 14A2026-03-190001193125-26-115997Section “Director Compensation”. As printed: 290,003. Filing ↗machine: t56 · r11 · c9 · span 1223431–1223698
27Section 08, Steven W. WilliamsDEF 14A2026-03-190001193125-26-115997Section “Director Compensation”. As printed: 108,091. Filing ↗machine: t56 · r12 · c3 · span 1225422–1225669
28Section 08, William F. OplingerDEF 14A2026-03-190001193125-26-115997Section “Director Compensation”. As printed: 0. Filing ↗
29Section 08, Brian R. GalovichDEF 14A2026-03-190001193125-26-115997Section “Director Compensation”. As printed: 0. Filing ↗
30Section 02, Emily M. Olson 2026-04-15Form 42026-04-170001193125-26-161631Insider equity transaction reported since the proxy statement. Filing ↗
31Section 02, John A. Bevan 2026-05-08Form 42026-05-120001193125-26-219508Insider equity transaction reported since the proxy statement. Filing ↗
32Section 02, Alistair Field 2026-05-08Form 42026-05-120001193125-26-219516Insider equity transaction reported since the proxy statement. Filing ↗
33Section 02, Pasquale Fiore 2026-05-08Form 42026-05-120001193125-26-219527Insider equity transaction reported since the proxy statement. Filing ↗
34Section 02, Jackson Prince Roberts 2026-05-08Form 42026-05-120001193125-26-219581Insider equity transaction reported since the proxy statement. Filing ↗
35Section 02, Mary Anne Citrino 2026-05-08Form 42026-05-120001193125-26-219513Insider equity transaction reported since the proxy statement. Filing ↗
36Section 02, Brian R. Galovich 2026-05-08Form 42026-05-120001193125-26-219535Insider equity transaction reported since the proxy statement. Filing ↗
37Section 02, Thomas J. Gorman 2026-05-08Form 42026-05-120001193125-26-219542Insider equity transaction reported since the proxy statement. Filing ↗
38Section 02, James A. Hughes 2026-05-08Form 42026-05-120001193125-26-219549Insider equity transaction reported since the proxy statement. Filing ↗
39Section 02, de Oliveira Marques Roberto 2026-05-08Form 42026-05-120001193125-26-219558Insider equity transaction reported since the proxy statement. Filing ↗
40Section 02, Carol L. Roberts 2026-05-08Form 42026-05-120001193125-26-219574Insider equity transaction reported since the proxy statement. Filing ↗
41Section 02, Matthew Reed 2026-07-22Form 42026-07-230001193125-26-314153Insider equity transaction reported since the proxy statement. Filing ↗
42Section 02, Andrew Hastings 2026-08-17Form 42026-08-180001193125-26-355504Insider equity transaction reported since the proxy statement. Filing ↗
43Section 02, Tammi A. Jones 2026-08-27Form 42026-08-280001193125-26-374379Insider equity transaction reported since the proxy statement. Filing ↗
44Section 02, Renato Bacchi 2026-08-31Form 42026-09-010001193125-26-378443Insider equity transaction reported since the proxy statement. Filing ↗
45Section 02, Andrew Hastings 2026-09-15Form 42026-09-170001193125-26-393831Insider equity transaction reported since the proxy statement. Filing ↗
46Section 02, Andrew Hastings 2026-09-15Form 42026-09-170001193125-26-393831Insider equity transaction reported since the proxy statement. Filing ↗
47Section 02, Andrew Hastings 2026-09-15Form 42026-09-170001193125-26-393831Insider equity transaction reported since the proxy statement. Filing ↗
48Section 06, 2026 voteForm 8-K2026-05-110001193125-26-216915Item 5.07 · say-on-pay result. As reported: 94.35% (votes for as printed: 187,195,119). Filing ↗
49Section 06, 2025 voteForm 8-K2025-05-130000950170-25-070438Item 5.07 · say-on-pay result. As reported: 88.01% (votes for as printed: 169,751,477). Filing ↗
50Section 06, 2023 voteForm 8-K2023-05-100001193125-23-140841Item 5.07 · say-on-pay result. As reported: 94.41% (votes for as printed: 125,747,677). Filing ↗
51Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
52Section 03b vehicle mix (computed)Computed——RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
53Section 09b board cost (computed)Computed——Cash 1,645,845 + equity 1,600,030 + all other 0 = 3,245,875, summed across the director compensation table rows.machine: formula: Σ = 3,245,875
54Eastman Chemical Company, Section 10b CEO totalDEF 14A2026-03-240000915389-26-000074CEO total compensation as printed in Eastman Chemical Company's own proxy. As printed: 19,498,966. Filing ↗machine: r2 · c27 · span 1263333–1263343
55Cleveland-Cliffs Inc., Section 10b CEO totalDEF 14A2026-04-020000764065-26-000054CEO total compensation as printed in Cleveland-Cliffs Inc.'s own proxy. As printed: 19,023,041. Filing ↗machine: r2 · c21 · span 734265–734275
56Ecolab Inc., Section 10b CEO totalDEF 14A2026-03-200001104659-26-032777CEO total compensation as printed in Ecolab Inc.'s own proxy. As printed: 17,404,935. Filing ↗machine: t199 · r1 · c63 · span 2259065–2259075
57Packaging Corporation of America, Section 10b CEO totalDEF 14A2026-03-270001193125-26-127602CEO total compensation as printed in Packaging Corporation of America's own proxy. As printed: 16,992,255. Filing ↗
58Newmont Corporation, Section 10b CEO totalDEF 14A2026-03-260001104659-26-035211CEO total compensation as printed in Newmont Corporation's own proxy. As printed: 15,625,168. Filing ↗
59Nucor Corporation, Section 10b CEO totalDEF 14A2026-03-270001193125-26-127739CEO total compensation as printed in Nucor Corporation's own proxy. As printed: 14,945,471. Filing ↗machine: t120 · r3 · c39 · span 919349–919359
60PPG Industries Inc., Section 10b CEO totalDEF 14A2026-03-050000079879-26-000088CEO total compensation as printed in PPG Industries Inc.'s own proxy. As printed: 14,885,022. Filing ↗machine: span 1300546–1300556
61International Paper Company, Section 10b CEO totalDEF 14A2026-03-270001628280-26-021729CEO total compensation as printed in International Paper Company's own proxy. As printed: 14,838,324. Filing ↗machine: r2 · c9 · span 2931849–2931859
62Freeport-McMoRan Inc., Section 10b CEO totalDEF 14A2026-04-230001193125-26-173666CEO total compensation as printed in Freeport-McMoRan Inc.'s own proxy. As printed: 14,808,126. Filing ↗machine: r3 · c27 · span 1150389–1150400
63Huntsman Corporation, Section 10b CEO totalDEF 14A2026-03-160001104659-26-028448CEO total compensation as printed in Huntsman Corporation's own proxy. As printed: 14,666,623. Filing ↗machine: span 1280707–1280717
64Alcoa (subject), Section 10b CEO totalDEF 14A2026-03-190001193125-26-115997CEO total compensation as printed in Alcoa's own proxy. As printed: 14,002,088. Filing ↗machine: span 2023002–2023012
65Reliance, Inc., Section 10b CEO totalDEF 14A2026-04-020001104659-26-039140CEO total compensation as printed in Reliance, Inc.'s own proxy. As printed: 13,374,389. Filing ↗machine: r1 · c42 · span 1142690–1142700
66Steel Dynamics, Inc., Section 10b CEO totalDEF 14A2026-03-270001104659-26-035826CEO total compensation as printed in Steel Dynamics, Inc.'s own proxy. As printed: 12,059,908. Filing ↗
67Air Products and Chemicals, Inc., Section 10b CEO totalDEF 14A2025-12-110001308179-25-000643CEO total compensation as printed in Air Products and Chemicals, Inc.'s own proxy. As printed: 11,809,287. Filing ↗machine: r2 · c24 · span 1181178–1181188
68Celanese Corporation, Section 10b CEO totalDEF 14A2026-03-040001306830-26-000052CEO total compensation as printed in Celanese Corporation's own proxy. As printed: 10,137,072. Filing ↗
69Commercial Metals Company, Section 10b CEO totalDEF 14A2025-11-250001193125-25-294507CEO total compensation as printed in Commercial Metals Company's own proxy. As printed: 8,022,901. Filing ↗machine: span 1941989–1941998
70Section 10a, Commercial Metals Company reciprocityDEF 14A—0001193125-25-294507Commercial Metals Company names Alcoa in its own disclosed peer group (read from its most recent proxy). Filing ↗
71Section 10a, Packaging Corporation of America reciprocityDEF 14A—0001193125-26-127602Packaging Corporation of America's most recent proxy was read; its disclosed peer group does not include Alcoa. Filing ↗
72Section 10a, Reliance, Inc. reciprocityDEF 14A—0001104659-26-039140Reliance, Inc. names Alcoa in its own disclosed peer group (read from its most recent proxy). Filing ↗
73Section 10a, Eastman Chemical Company reciprocityDEF 14A—0000915389-26-000074Eastman Chemical Company's most recent proxy was read; its disclosed peer group does not include Alcoa. Filing ↗
74Section 10a, Cleveland-Cliffs Inc. reciprocityDEF 14A—0000764065-26-000054Cleveland-Cliffs Inc. names Alcoa in its own disclosed peer group (read from its most recent proxy). Filing ↗
75Section 10a, Huntsman Corporation reciprocityDEF 14A—0001104659-26-028448Huntsman Corporation's most recent proxy was read; its disclosed peer group does not include Alcoa. Filing ↗
76Section 10a, Nucor Corporation reciprocityDEF 14A—0001193125-26-127739Nucor Corporation's most recent proxy was read; its disclosed peer group does not include Alcoa. Filing ↗
77Section 10a, Ecolab Inc. reciprocityDEF 14A—0001104659-26-032777Ecolab Inc.'s most recent proxy was read; its disclosed peer group does not include Alcoa. Filing ↗
78Section 10a, Freeport-McMoRan Inc. reciprocityDEF 14A—0001193125-26-173666Freeport-McMoRan Inc.'s most recent proxy was read; its disclosed peer group does not include Alcoa. Filing ↗
79Section 10a, Steel Dynamics, Inc. reciprocityDEF 14A—0001104659-26-035826Steel Dynamics, Inc. names Alcoa in its own disclosed peer group (read from its most recent proxy). Filing ↗
80Section 10a, Air Products and Chemicals, Inc. reciprocityDEF 14A—0001308179-25-000643Air Products and Chemicals, Inc.'s most recent proxy was read; its disclosed peer group does not include Alcoa. Filing ↗
81Section 10a, Celanese Corporation reciprocityDEF 14A—0001306830-26-000052Celanese Corporation's most recent proxy was read; its disclosed peer group does not include Alcoa. Filing ↗
82Section 10a, International Paper Company reciprocityDEF 14A—0001628280-26-021729International Paper Company's most recent proxy was read; its disclosed peer group does not include Alcoa. Filing ↗
83Section 10a, PPG Industries Inc. reciprocityDEF 14A—0000079879-26-000088PPG Industries Inc.'s most recent proxy was read; its disclosed peer group does not include Alcoa. Filing ↗
84Section 10a, Newmont Corporation reciprocityDEF 14A—0001104659-26-035211Newmont Corporation's most recent proxy was read; its disclosed peer group does not include Alcoa. Filing ↗

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