Form 4: Altair International Corp. Director Acquires 640,000 Shares of Common Stock

Leonard Lovallo, President and Director of Altair International Corp., acquired 640,000 shares of common stock at $0.025 per share on February 27, 2025.

Summary

• On February 27, 2025, Leonard Lovallo, a Director and President of Altair International Corp. (ATAO), acquired 640,000 shares of common stock.
• The shares were acquired through a transaction coded as 'C', indicating the conversion of a derivative security.
• The price per share was $0.025.
• Following the transaction, Mr. Lovallo directly owns 4,225,200 shares of Altair International Corp. common stock.

Sentiment

Score: 6

Explanation: Neutral sentiment. It's a standard regulatory filing. The director's purchase could be seen as slightly positive, but it's not a major event.

Positives

• A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

Form 4 filings are a routine part of regulatory compliance for corporate insiders, providing transparency into their transactions in the company's stock. This particular filing reflects the actions of a director and president, which is closely watched by investors.

Stakeholder Impact

• Shareholders may view the director's stock purchase as a positive signal.

Key Dates