Insider Trading February 25, 2026

Kaiser Aluminum CFO Sells $608,600 in Stock as Shares Trade Above Fair Value

Neal West trims position amid strong quarterly results and a stock that has rallied sharply over the past year

By Ajmal Hussain KALU
Kaiser Aluminum CFO Sells $608,600 in Stock as Shares Trade Above Fair Value
KALU

Neal West, Executive Vice President and Chief Financial Officer of Kaiser Aluminum, sold 5,000 shares on February 23, 2026, in multiple trades that generated roughly $608,600. The stock has risen sharply over the last 12 months and is currently trading above InvestingPro’s Fair Value estimate. Kaiser reported better-than-expected fourth-quarter 2025 results, yet shares slipped in pre-market trading despite the beat.

Key Points

  • Neal West sold 5,000 shares on February 23, 2026, for about $608,600, at prices between $120.00 and $125.69, with a weighted average of $121.72.
  • After the sale, West directly owns 18,960 shares and indirectly holds 12,775 shares via the West Family Trust.
  • Kaiser Aluminum beat fourth-quarter 2025 estimates with EPS of $1.53 versus $1.39 expected and revenue of $929 million versus $901.5 million expected, yet shares fell in pre-market trading.

Neal West, who serves as both Executive Vice President and Chief Financial Officer at Kaiser Aluminum (NASDAQ:KALU), disposed of 5,000 shares of the company's common stock on February 23, 2026, receiving approximately $608,600 in aggregate proceeds.

The divestiture was executed across several transactions at prices that ranged from $120.00 to $125.69 per share. The combined sales yield a weighted average price of $121.72 per share.

Since those trades, Kaiser Aluminum’s share price has moved higher and is currently at $132.12, marking a 93% advance over the trailing twelve months. Following the disposition, West retains direct ownership of 18,960 shares and holds an additional 12,775 shares indirectly through the West Family Trust.


Valuation note and research access

Analysis from InvestingPro indicates that Kaiser Aluminum currently trades above its Fair Value. For investors seeking deeper coverage, the company’s Pro Research Report is available through InvestingPro, which offers comprehensive reports for Kaiser Aluminum and more than 1,400 other U.S. publicly traded companies.


Quarterly results and market reaction

Kaiser Aluminum reported fourth-quarter 2025 results that topped Wall Street estimates. The company posted earnings per share of $1.53 versus the consensus expectation of $1.39, representing a 10.07% upside to forecasts. Revenue for the quarter was $929 million, above the $901.5 million analysts had anticipated.

Despite beating expectations on both EPS and revenue, Kaiser Aluminum shares declined in pre-market trading. The drop in early trading reflects broader investor concern over the company’s forward outlook, even in the face of a report that surpassed near-term estimates.


Contextual summary

The insider sale, the company’s positive earnings surprise, and the stock’s elevated valuation present multiple data points for investors weighing Kaiser Aluminum. West’s residual direct and indirect holdings remain material, while InvestingPro’s valuation assessment and the market’s muted response to the earnings beat highlight competing signals about near-term sentiment and longer-term valuation.

Risks

  • Market reaction to future guidance or outlook could pressure the stock despite recent quarterly outperformance - impacts equity investors and capital markets.
  • Valuation appears elevated according to InvestingPro, which may increase downside risk if expectations are not met - impacts long-only and value-oriented investors.
  • Insider selling may be interpreted by some market participants as a sign of reduced insider conviction, potentially affecting investor sentiment - impacts trading activity in the stock.

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