Form 4: AlTi Global CEO Michael Tiedemann Reports Changes in Beneficial Ownership

Michael Tiedemann, CEO of AlTi Global, reports transactions involving Class A and Class B Common Stock, including the conversion of Class B units into Class A shares.

Summary

• On March 11, 2024, Michael Tiedemann, the CEO of AlTi Global, engaged in transactions involving the company's Class A and Class B Common Stock.
• He converted 150,000 Class B Units into Class A Common Stock at a price of $0.
• Following these transactions, Tiedemann directly owns 309,145.53 shares of Class A Common Stock.
• He also indirectly owns shares through various entities, including the MGT 2012 DE Trust, CHT Fam Tst Ar 3rd fbo MGT, and Chauncey Close, LLC.
• The Class B Units are paired with Class B Common Stock and are exchangeable for Class A Common Stock on a one-for-one basis, subject to adjustments.
• Upon exchange, the Class B Common Stock is canceled, and the Class B Common Units are transferred to the Issuer and converted into Class A Common Units.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives and their holdings in the company's stock.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the CEO's transactions in the company's stock.
• It can influence investor perception of the company based on insider activity.

Key Dates