Insider Trading March 27, 2026

Century Aluminum CFO Disposes $845,486 in Shares; Stake Retains Over 64,000 Shares

Peter Trpkovski executed multiple sales on March 25, 2026, while the company advances a major U.S. plant JV and posts mixed near-term results

By Jordan Park CENX
Century Aluminum CFO Disposes $845,486 in Shares; Stake Retains Over 64,000 Shares
CENX

Century Aluminum CO (NASDAQ:CENX) Chief Financial Officer Peter A. Trpkovski sold 16,739 shares of company stock on March 25, 2026, according to a Form 4 filing with the Securities and Exchange Commission. The sales, executed in several trades at prices between $50.50 and $50.64, totaled $845,486. After the transactions, Trpkovski holds 64,125 shares directly, including unvested restricted stock units granted under the company’s long-term incentive plans. The move comes amid company developments that include a large joint venture to build a U.S. primary aluminium plant and recent quarterly results that met expectations at the low end of guidance.

Key Points

  • CFO Peter A. Trpkovski sold 16,739 shares on March 25, 2026 in multiple transactions at $50.50 to $50.64, totaling $845,486.
  • Post-sale direct ownership for Trpkovski is 64,125 shares, inclusive of unvested Restricted Stock Units under the company’s Long-Term Incentive Plans.
  • Century Aluminum reported Q4 2025 EBITDA of $171 million, prompting BMO Capital to raise its price target to $61 and maintain an Outperform rating; the company also entered a JV to build a 750,000-tonne-per-year plant in Inola, Oklahoma with EGA.

Peter A. Trpkovski, who serves as Executive Vice President and Chief Financial Officer of Century Aluminum CO (NASDAQ:CENX), disclosed the sale of 16,739 shares of common stock on March 25, 2026 in a Form 4 filed with the Securities and Exchange Commission. The disposition occurred across multiple transactions, with trade prices ranging from $50.50 to $50.64 per share, producing aggregate proceeds of $845,486.

Century Aluminum shares had delivered a strong run over the prior 12 months, up 159% before a subsequent pullback to $49.64. Despite the sale, Trpkovski continued to hold a meaningful position in the company. Following the March 25 trades, his direct ownership stands at 64,125 shares, a figure that includes unvested Restricted Stock Units awarded under the firm’s Long-Term Incentive Plans.

Analysis available through InvestingPro is noted in the filing commentary, with that service indicating the stock remains undervalued at current levels and offering 16 additional ProTips for subscribers who want deeper insight into Century Aluminum’s investment profile.


Beyond the insider transaction, Century Aluminum has a slate of corporate developments that investors will likely weigh. The company reported fourth-quarter 2025 EBITDA of $171 million, which landed at the lower boundary of its guidance range but largely aligned with expectations. Market coverage has responded: BMO Capital raised its price target on the shares to $61 from $52 and maintained an Outperform rating, pointing to the restart of the Mt. Holly facility as a factor expected to bolster results.

On the strategic front, Century Aluminum and Emirates Global Aluminium announced a joint venture to develop a new primary aluminum production complex in Inola, Oklahoma. The project is characterized in the disclosure as the first primary aluminum plant to be built in the United States since 1980, with an intended capacity of 750,000 tonnes per year. Under the joint-venture terms, Century Aluminum will hold a 40 percent ownership stake, while EGA will retain 60 percent.

Operational leadership changes were also disclosed. Levi Chaffin has been promoted to Senior Vice President of Operations, Americas, a role that will encompass oversight of the company's operations in the United States and in Jamaica.

Finally, the filing and related reporting noted emerging policy news that could affect the sector: reports indicated the Trump administration is considering rolling back tariffs on steel and aluminum products, a potential development with implications for domestic producers including Century Aluminum.

Risks

  • Company financials showed Q4 2025 EBITDA at the lower end of guidance, indicating near-term earnings sensitivity that could affect financial markets and investors in basic materials and metals sectors.
  • Potential policy changes - reports that the Trump administration is considering rolling back steel and aluminum tariffs - introduce regulatory uncertainty that could influence domestic aluminum producers and related supply chains.
  • Operational execution risk tied to the Inola joint venture and the Mt. Holly restart; delays or cost overruns in large industrial projects could impact the industrials and manufacturing sectors that depend on aluminum supply.

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