Form 4: Altair Engineering Director Teresa Harris Reports Sale of Class A Common Stock

Director Teresa Harris sold 2,700 shares of Altair Engineering Inc. Class A Common Stock at an average price of $111.6135 on February 25, 2025.

Summary

• On February 25, 2025, Teresa Harris, a director of Altair Engineering Inc., sold 2,700 shares of Class A Common Stock.
• The sale was executed at a weighted average price of $111.6135 per share, with individual transaction prices ranging from $111.56 to $111.70.
• Following the transaction, Harris directly owns 18,542 shares of Class A Common Stock, which includes 2,347 unvested restricted stock units.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing reporting a stock sale. It doesn't inherently convey positive or negative sentiment about the company's prospects.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. The sale by a director is a common occurrence and doesn't necessarily indicate a negative outlook for the company.

Stakeholder Impact

• The sale of shares by a director could have a minor impact on shareholder sentiment, but is unlikely to have a significant impact on other stakeholders.

Key Dates