Form 4: Altair Engineering CFO Matthew Brown Donates Shares to Charity

CFO of Altair Engineering, Matthew Brown, donates 2,527 shares of Class A common stock to a donor-advised fund on March 6, 2025.

Summary

• Matthew Brown, the CFO of Altair Engineering Inc., donated 2,527 shares of Class A common stock to a donor-advised fund on March 6, 2025.
• The donation was made directly from shares owned by Mr. Brown.
• Following the transaction, Mr. Brown beneficially owns 66,125 shares, which includes 41,612 unvested restricted stock units.

Sentiment

Score: 6

Explanation: The document is a standard SEC filing related to a donation of shares. It doesn't inherently convey positive or negative sentiment, but the act of donating shares can be seen as a positive gesture.

Positives

• The donation of shares to a donor-advised fund suggests a commitment to charitable causes by the CFO.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes.

Stakeholder Impact

• The donation of shares to a donor-advised fund may indirectly benefit the charities supported by the fund.

Key Dates