Century Aluminum CEO Sells 150000 Shares as Aluminum Prices Soar

By Adé Hennis – Mar 21, 2026 at 8:21PM ESTKey PointsCentury Aluminum's CEO sold 150,000 indirect shares on March 16, 2026, generating a transaction value of ~$8.32 million at around $55.47 per share.This sale represented 51.27% of indirect holdings and 26.32% of total holdings prior to the transaction.Jesse Gary, President and CEO of Century Aluminum Company (CENX 1.41%), reported the sale of 150,000 shares for a transaction value of ~$8.32 million on March 16, 2026, according to a SEC Form 4 filing. Transaction summaryMetricValueShares sold (indirect)150,000Transaction value$8.3 millionPost-transaction shares (direct)277,227Post-transaction shares (indirect)142,580Post-transaction value (direct ownership)$15.4 millionTransaction value based on SEC Form 4 reported price ($55.47); post-transaction value calculated using available share and transaction data. Key questionsHow does this sale compare to the executive’s historical selling activity?This transaction matches the largest recorded individual sale by share count over the past three years and exceeds the historical median sell transaction of 79,243 shares, based on three sell trades since July 2023.What are the mechanics and implications of the indirect sale?All shares sold were held in a revocable trust controlled by Gary, and the transaction was executed under a Rule 10b5-1 plan that has now been completed, signaling pre-arranged liquidity rather than discretionary selling. ExpandNASDAQ: CENXCentury AluminumToday's Change(-1.41%) $-0.70Current Price$48.95Key Data PointsMarket Cap$4.8BDay's Range$48.20 - $51.3752wk Range$13.05 - $59.12Volume111KAvg Vol2.4MGross Margin10.44%Company overviewMetricValuePrice $48.97Market capitalization$4.85 billionRevenue (TTM)$2.53 billion1-year price change148.20%*Price and 1-year performance calculated using March 16th, 2026 as the reference date. Company snapshotCentury Aluminum Company is a leading producer of various metals, including standard-grade and value-added primary aluminum products. It operates in the United States and Iceland, and has a carbon anode facility in the Netherlands, as well as a bauxite mining and alumina refining business in Jamaica. What this transaction means for investors With geopolitical tensions persisting, aluminum prices continue to rise, as on March 16, 2026, aluminum futures rose to $3,440 per metric ton, near their highest level in almost four years. In January earlier this year, Century Aluminum announced a landmark partnership with Emirates Global Aluminum, another global aluminum producer, to build the first aluminum smelting plant in the U.S. in 47 years. With about 85% of the country’s aluminum imported, the plant will be important, and it’s estimated to add 1,000 jobs to the market. And on Feb. 24, U.S. Aluminum Company, a local Oklahoma company where the plant will be, signed an agreement with EGA and Century to support aluminum production. There’s been a significant push by the latest U.S. administration to increase domestic aluminum production, as tariffs have made aluminum more costly. With a 40% stake in the smoldering plant construction, Century Aluminum will benefit greatly from the project, already coming off a red-hot year in share price gains. The company’s stock soared approximately 150% in 2025, and it comes as no surprise, as aluminum is one of the most in-demand metals in the world, let alone in the U.S., as it’s used for a plethora of consumer goods and industrial products. Already up ~22% in 2026 (as of March 21), CENX looks primed for long-term growth. Read NextMar 1, 2026 •By Adé HennisCentury Aluminum EVP Sells $2.3M Worth of SharesJan 31, 2026 •By Adé HennisCentury Aluminum CEO Sells $7 Million Worth of Shares Amid Plans for a New Aluminum Plant Aug 10, 2022 •By Reuben Gregg BrewerWhy Century Aluminum Stock Rallied in Early Trading TodayMay 18, 2022 •By Neha ChamariaWhy Century Aluminum Stock Plunged 16% TodayApr 29, 2022 •By Matt DiLalloWhy Century Aluminum Stock Is Tumbling TodayMar 21, 2022 •By Neha ChamariaWhy Century Aluminum Stock Is on Fire TodayStocks MentionedCentury AluminumNASDAQ: CENX$48.97(-1.37%)-$0.68*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.