Form 4: Altair Engineering COO Stephanie Buckner Reports Stock Grant and Holdings

Stephanie Buckner, COO of Altair Engineering, reports the grant of restricted stock units and her beneficial ownership of Class A Common Stock.

Summary

• On February 12, 2025, Stephanie Buckner, Chief Operating Officer of Altair Engineering Inc., was granted 9,923 Class A Common Stock restricted stock units.
• These restricted stock units vest in four equal annual installments starting February 12, 2026.
• Following the reported transaction, Buckner directly owns 31,352 shares of Class A Common Stock.
• Buckner also indirectly owns 7,374 shares of Class A Common Stock through her husband, including 1,562 unvested restricted stock units.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard executive compensation practices and alignment of interests. There are no indications of negative events or concerns.

Positives

• The grant of restricted stock units to the COO aligns her interests with those of the shareholders.
• The vesting schedule encourages long-term commitment from the COO.

Future Outlook

The reported transactions reflect ongoing compensation and equity ownership adjustments for a key executive, suggesting continued alignment with company performance.

Industry Context

Form 4 filings are a routine part of executive compensation and provide transparency into the holdings of company insiders. This filing is typical for companies that use equity-based compensation.

Comparison to Industry Standards

• Equity grants are a common component of executive compensation packages in the tech industry, used to incentivize performance and align executive interests with shareholder value.
• Companies like Autodesk, Ansys, and Dassault Systèmes also utilize restricted stock units as part of their executive compensation plans.
• The vesting schedule of four equal annual installments is a standard practice.

Stakeholder Impact

• Shareholders can view this as a positive sign that the COO's interests are aligned with theirs through equity ownership.
• Employees may see this as a standard practice for executive compensation.

Key Dates

Keywords

Form 4, Altair Engineering, ALTR, Stephanie Buckner, Chief Operating Officer, Restricted Stock Units, Beneficial Ownership, Class A Common Stock