Form 4: Mill Road Capital III, L.P. Reports Transactions in Alta Equipment Group Inc. (ALTG) Stock and Put Options

Mill Road Capital III, L.P., along with related entities and Thomas E. Lynch, reported acquiring and disposing of Alta Equipment Group Inc. common stock and put options on September 20, 2024.

Summary

• On September 20, 2024, Mill Road Capital III, L.P. acquired 1,100 shares of Alta Equipment Group Inc. common stock at $10 per share.
• On the same day, they also acquired 41,200 shares at $12.5 per share.
• Mill Road Capital III, L.P. disposed of 1,100 shares of common stock related to put options.
• Following these transactions, Mill Road Capital III, L.P. directly owns 4,213,208 shares of Alta Equipment Group Inc. common stock.
• The transactions also involved put options with an exercise price of $10 and $12.5, expiring on September 20, 2024.
• Thomas E. Lynch, as a management committee director, has shared authority over these shares.
• The reporting persons disclaim beneficial ownership of the shares except to the extent of their pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions, indicating a neutral sentiment. It simply reports facts without expressing any positive or negative outlook.

Industry Context

This filing reflects the ongoing investment activity of Mill Road Capital III, L.P. in Alta Equipment Group Inc., a player in the industrial equipment sector. Monitoring these transactions can provide insights into the investor's confidence and strategy regarding the company's future performance.

Stakeholder Impact

• The transactions may influence shareholder perception of Mill Road Capital's commitment to Alta Equipment Group Inc.

Key Dates