Form 4: Altair Engineering Inc. Executive Amy Messano Reports Sale of Class A Common Stock
SEC Form 4 Filing
Chief Marketing Officer Amy Messano sold 291 shares of Altair Engineering Inc. Class A Common Stock at a price of $85.32 on March 4, 2024.
Summary
- Amy Messano, Chief Marketing Officer of Altair Engineering Inc., reported a transaction involving the company's Class A Common Stock.
- On March 4, 2024, Messano sold 291 shares at a price of $85.32 per share.
- Following the transaction, Messano beneficially owns 14,723 shares of Class A Common Stock, which includes 5,466 unvested restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of an insider transaction. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This is a routine disclosure of insider trading activity, which is common for executives of publicly traded companies.
Stakeholder Impact
- The sale of shares by an executive could be perceived negatively by some shareholders, but the relatively small number of shares sold is unlikely to have a significant impact.
Key Dates
| Date | Description |
|---|---|
| 03/04/2024 | Date of transaction: Sale of Class A Common Stock |
| 03/05/2024 | Date of signature for the Form 4 filing |
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