Century Aluminum CEO Sells $8.3M in Stock

Insider transaction represents 51% decrease in CEO's stake

Mar. 17, 2026 at 10:41pm

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Century Aluminum Company (NASDAQ:CENX) CEO Jesse Gary sold 150,000 shares of the company's stock on March 16, 2026, for a total value of $8,320,500. The sale represents a 51.27% decrease in Gary's ownership stake in the company. Following the transaction, Gary now directly owns 142,580 shares valued at approximately $7.9 million.

Why it matters

Insider selling transactions can provide insight into management's views on a company's prospects. The significant reduction in the CEO's stake may raise questions about his confidence in Century Aluminum's future performance.

The details

The stock was sold at an average price of $55.47 per share. Century Aluminum is a primary aluminum producer focused on energy-efficient operations and cost management. The company operates smelting facilities in Kentucky, South Carolina, and Iceland.

  • The stock sale occurred on March 16, 2026.

The players

Jesse Gary

CEO of Century Aluminum Company.

Century Aluminum Company

A primary aluminum producer with smelting facilities in the United States and Iceland.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident

The takeaway

The significant insider selling by Century Aluminum's CEO may raise concerns about the company's future prospects, though the reasons behind the transaction are not entirely clear. Investors will likely watch closely for any further developments or commentary from the company's leadership.