Form 4: Altair Engineering Inc. Executive Raoul Maitra Reports Stock Grant and Holdings

Chief Legal Officer Raoul Maitra of Altair Engineering Inc. reports the grant of restricted stock units and updates to their beneficial ownership.

Summary

• On February 14, 2025, Raoul Maitra, Chief Legal Officer of Altair Engineering Inc., filed a Form 4.
• The report details the grant of 5,457 Class A Common Stock restricted stock units on February 12, 2025, vesting in four equal annual installments starting February 12, 2026.
• Following the reported transaction, Maitra beneficially owns 31,943 shares of Class A Common Stock, including 12,723 unvested restricted stock units.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing. It doesn't convey any explicit positive or negative sentiment about the company's performance or prospects.

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 regarding the company's future performance, only details of stock grants and vesting schedules.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders and their alignment with shareholder interests. This filing indicates standard executive compensation practices.

Stakeholder Impact

• Shareholders are informed about the equity compensation awarded to a key executive, providing insight into management's incentives.

Key Dates

Keywords

Form 4, Beneficial Ownership, Restricted Stock Units, Raoul Maitra, Altair Engineering, ALTR, Equity, Securities