Form 4: Altair Engineering Inc. Executive Gilma Saravia Reports Stock Grant
SEC Form 4 Filing
Gilma Saravia, Chief People Officer of Altair Engineering Inc., reports the grant of restricted stock units.
Summary
- On February 12, 2025, Gilma Saravia, Chief People Officer of Altair Engineering Inc., was granted 5,793 Class A Common Stock restricted stock units.
- These restricted stock units vest in four equal annual installments, starting on February 12, 2026.
- Following the reported transaction, Saravia beneficially owns 23,029 shares of Class A Common Stock, including 14,298 unvested restricted stock units.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, reporting a standard executive compensation event. It doesn't inherently convey positive or negative sentiment.
Positives
- The grant of restricted stock units aligns the executive's interests with the long-term performance of the company.
Future Outlook
The document does not contain any specific forward-looking statements or guidance.
Industry Context
This is a standard SEC Form 4 filing, which is a routine part of corporate governance and transparency, providing insight into executive compensation and ownership.
Stakeholder Impact
- The grant of restricted stock units aligns the executive's interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 02/12/2025 | Date of the transaction: Grant of 5,793 Class A Common Stock restricted stock units. |
| 02/12/2026 | Vesting start date: First of four equal annual installments for the restricted stock units. |
| 02/14/2025 | Date of signature by attorney-in-fact. |
Keywords
Form 4, insider trading, restricted stock units, ALTR, Altair Engineering Inc., Saravia Gilma, beneficial ownership
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