Century Aluminum CAO Sells Over $500K in Shares

Robert Hoffman, the chief accounting officer, reduced his stake in the company by 15.67%.

Mar. 14, 2026 at 12:51am

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Century Aluminum Company (NASDAQ:CENX) announced that its Chief Accounting Officer, Robert Hoffman, sold 10,529 shares of the company's stock on March 11, 2026. The shares were sold at an average price of $56.51, resulting in a total transaction value of $594,993.79. Following the sale, Hoffman still owns 56,643 shares in the company, valued at $3,200,895.93.

Why it matters

This transaction represents a significant reduction in Hoffman's ownership stake in Century Aluminum, which could signal a change in his confidence or outlook for the company. Insider transactions are closely watched by investors as they can provide insights into a company's prospects.

The details

Hoffman's sale of 10,529 shares represents a 15.67% decrease in his ownership of Century Aluminum stock. The transaction was disclosed in a filing with the Securities and Exchange Commission.

  • The shares were sold on Wednesday, March 11, 2026.

The players

Robert Hoffman

The Chief Accounting Officer of Century Aluminum Company.

Century Aluminum Company

A primary aluminum producer that develops and operates smelters designed to supply low-carbon, high-purity aluminum products to a range of industrial and commercial markets.

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What they’re saying

“This trade represents a 15.67% decrease in their ownership of the stock.”

— Robert Hoffman, Chief Accounting Officer

The takeaway

This insider transaction highlights the changing dynamics within Century Aluminum's leadership team and could signal a shift in the company's strategic direction or outlook. Investors will likely closely monitor any further changes in insider ownership or other corporate developments.