Form 4: Altair Engineering Inc. Executive Granted Stock Awards
SEC Form 4 Filing
Amy Messano, Chief Marketing Officer of Altair Engineering Inc., reports the grant of restricted stock units and changes in beneficial ownership.
Summary
- On February 12, 2025, Amy Messano, Chief Marketing Officer of Altair Engineering Inc., was granted 5,607 Class A Common Stock restricted stock units.
- These restricted stock units vest in four equal annual installments starting February 12, 2026.
- Following the reported transaction, Messano beneficially owns 23,886 shares of Class A Common Stock, which includes 13,843 unvested restricted stock units.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral.
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 type of filing is standard for publicly traded companies and reflects executive compensation practices.
Stakeholder Impact
- Shareholders may view the stock grant as an incentive for the executive to drive company performance.
Key Dates
| Date | Description |
|---|---|
| 02/12/2025 | Reporting Person was granted 5,607 Class A Common Stock restricted stock units |
| 02/12/2026 | Vesting of restricted stock units commences in 4 equal annual installments |
| 02/14/2025 | Date of signature for the Form 4 filing |
Keywords
Form 4, Beneficial Ownership, Restricted Stock Units, Class A Common Stock, Altair Engineering, ALTR, Amy Messano, Executive Compensation
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