Form 4: Altair Engineering Inc. Executive Amy Messano Reports Sale of Class A Common Stock
SEC Form 4 Filing
Amy Messano, Chief Marketing Officer of Altair Engineering Inc., reports the sale of 236 shares of Class A Common Stock at an average price of $83.651.
Summary
- On February 28, 2024, Amy Messano, the Chief Marketing Officer of Altair Engineering Inc., sold 236 shares of Class A Common Stock.
- The sale was executed at a weighted average price of $83.651 per share, with individual transactions ranging from $83.65 to $83.885.
- Following the reported transaction, Messano beneficially owns 15,014 shares of Class A Common Stock, which includes 6,352 unvested restricted stock units.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it's a standard disclosure of an insider transaction. There's no inherent positive or negative implication.
Industry Context
This is a routine disclosure of an insider transaction. It's common for executives to periodically sell shares for personal financial management.
Stakeholder Impact
- The sale of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to be significant given the small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 02/28/2024 | Date of transaction: Amy Messano sold 236 shares of Class A Common Stock. |
| 02/29/2024 | Date of signature on the Form 4 filing. |
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