Monitor for additional insider sales or any change in guidance. The substantial CEO sale after strong earnings may indicate valuation concerns; however, the overall selling is not alarming given the company's strong fundamentals.
Price Chart
Executive Summary
Insider cluster at Kaiser Aluminum shows large open-market selling totaling $12.8M in the week following a record Q1 earnings beat and raised guidance. The selling is led by CEO Harvey Keith ($8.2M) and director Brett Wilcox ($2.6M), representing 0.46% of market cap. While the magnitude is notable, the cluster follows strong results, suggesting profit-taking rather than distress.
Key Financial Metrics
Key Facts
- Total open-market sales of $12.8M by 5 insiders within 7 days of bullish earnings
- CEO Harvey Keith sold $8.2M (47,001 shares at $175.09)
- Director Brett Wilcox sold $2.6M (15,000 shares at $174.44)
- CFO Neal West sold $866K (5,000 shares at $173.29)
- Cluster represents 0.46% of KALU's $2.8B market cap
- Preceded by 8-K on 2026-04-22 reporting record Q1 revenue of $1.1B and raised FY guidance
Financial Impact
Insider selling of $12.8M is modest relative to market cap of $2.8B
Risk Factors
- CEO selling a large portion of holdings could signal peak valuation
- Continued insider selling may pressure stock near term
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-KALU-1777667449994 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Apr 27, 2026 22w ago | Insider Cluster | $174.94 $164.32 | ▼ −6.07% | ▼ −10.85% | $152.02 (−13.10%) |
Apr 27, 2026 22w ago | Insider Cluster | $174.94 $164.32 | ▼ −6.07% | ▼ −10.85% | $152.02 (−13.10%) |
Apr 27, 2026 22w ago | Insider Cluster | $174.94 $164.32 | ▼ −6.07% | ▼ −10.85% | $152.02 (−13.10%) |
Apr 22, 2026 23w ago | 8-K | $164.07 $156.94 | ▼ −4.35% | ▼ −9.36% | $152.02 (−7.34%) |
Apr 13, 2026 24w ago | 8-K | $141.79 $162.96 | ▲ +14.93% | ▲ +6.40% | $152.02 (+7.22%) |
Feb 23, 2026 31w ago | Insider Cluster | $125.24 $166.40 | ▼ −32.86% | ▼ −24.61% | $152.02 (−21.38%) |
Feb 23, 2026 31w ago | Insider Cluster | $125.24 $166.40 | ▼ −32.86% | ▼ −24.61% | $152.02 (−21.38%) |
US Market Status
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