Form 4: AlTi Global CFO Michael Harrington Awarded Restricted Stock Units
SEC Form 4 Filing
AlTi Global's CFO, Michael Harrington, received 81,266.49 restricted stock units (RSUs) that vest in three equal annual installments starting February 15, 2026.
Summary
- Michael Harrington, the Chief Financial Officer of AlTi Global, Inc., was granted restricted stock units (RSUs) on April 15, 2025.
- The transaction was reported on April 16, 2025.
- Harrington received 81,266.49 RSUs, each representing a contingent right to receive one share of AlTi Global's Class A Common Stock.
- The RSUs vest in three equal annual installments, commencing on February 15, 2026.
- Following the reported transaction, Harrington directly owns 81,266.49 derivative securities.
Sentiment
Score: 7
Explanation: The granting of RSUs is generally a positive sign, indicating confidence in the company's future performance and aligning management's interests with shareholders. However, it also represents potential dilution.
Positives
- The granting of RSUs to the CFO aligns his interests with those of the shareholders, incentivizing him to improve the company's performance.
- The vesting schedule encourages long-term commitment from the CFO.
Future Outlook
The vesting schedule of the RSUs suggests a focus on long-term value creation for AlTi Global.
Industry Context
Granting restricted stock units is a common practice in the financial industry to incentivize executives and align their interests with shareholders.
Stakeholder Impact
- Shareholders may experience slight dilution due to the issuance of new shares upon vesting of the RSUs.
- Employees may view the RSU grant as a positive sign of the company's commitment to its executives.
Key Dates
| Date | Description |
|---|---|
| 04/15/2025 | Date of the transaction where Michael Harrington received restricted stock units. |
| 02/15/2026 | First vesting date for the restricted stock units, with equal annual installments thereafter. |
| 04/16/2025 | Date the Form 4 was signed. |
Keywords
AlTi Global, Michael Harrington, CFO, Restricted Stock Units, RSUs, Class A Common Stock, Vesting, Equity Compensation, Form 4
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