Form 4: Alternus Clean Energy Director Acquires Super Voting Preferred Stock

Sentiment:

SEC Form 4 Filing


Vincent Browne, a director and officer of Alternus Clean Energy, acquired one share of Super Voting Preferred Stock on February 14, 2025.

Summary

  • On February 14, 2025, Vincent Browne, a director, CEO, Interim CFO, and Chairman of the Board of Alternus Clean Energy, acquired one share of Super Voting Preferred Stock.
  • The transaction was reported on February 20, 2025.
  • The price of the share was $0.00.
  • Each share of Series A Super Voting Preferred Stock is entitled to 51% of the total votes.
  • The holders of common stock and any other shares entitled to vote are entitled to their proportional share of the remaining 49% of the total votes based on their respective voting power.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Industry Context

This filing is a routine disclosure related to insider transactions and provides insight into the ownership structure and voting power distribution within Alternus Clean Energy.

Stakeholder Impact

  • The acquisition of Super Voting Preferred Stock by a director could impact the voting power distribution among shareholders.

Key Dates

DateDescription
02/14/2025Date of transaction: Vincent Browne acquired Super Voting Preferred Stock
02/20/2025Date of report filing

Keywords

Form 4, Beneficial Ownership, Super Voting Preferred Stock, Vincent Browne, Alternus Clean Energy, ALCE, Director, Officer

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