Form 4: Altair Engineering Director Teresa Harris Sells 450 Shares of Class A Common Stock

Director Teresa Harris sold 450 shares of Altair Engineering Inc. Class A Common Stock at a price of $111.075 on March 6, 2025.

Summary

• On March 6, 2025, Teresa Harris, a director of Altair Engineering Inc., sold 450 shares of Class A Common Stock.
• The sale price was $111.075 per share.
• Following the transaction, Harris directly owns 18,092 shares of Class A Common Stock, which includes 2,347 unvested restricted stock units.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard disclosure of stock sale by a company director. It doesn't inherently indicate positive or negative outlook.

Industry Context

This is a routine disclosure of insider trading activity, which is common for directors and officers of publicly traded companies. The sale itself may not be indicative of the company's performance or future prospects.

Stakeholder Impact

• The sale of shares by a director could have a minor impact on shareholder confidence, but is unlikely to be significant given the relatively small number of shares sold.

Key Dates