4/A: AlTi Global Director Amends Ownership Filing for RSU Conversion Correction

AlTi Global Director Ali Bouzarif filed an amended Form 4 to correct previously reported beneficial ownership numbers following the conversion of restricted stock units.

Summary

• An amendment to a Form 4 was filed on July 30, 2025, by Ali Bouzarif, a Director of AlTi Global, Inc.
• The purpose of this amendment is solely to correct an administrative error in the numbers of securities beneficially owned following a transaction on June 13, 2025, which was originally reported in a Form 4 filed on June 16, 2025.
• Ali Bouzarif acquired 22,312.37 shares of Class A Common Stock through the conversion of Restricted Stock Units on June 13, 2025.
• Following the reported transaction, Ali Bouzarif directly owns 53,787.31 shares of Class A Common Stock.
• Ali Bouzarif indirectly owns 748,298 shares of Class A Common Stock through MERCYAH B.V., an entity he controls, though he disclaims beneficial ownership except to the extent of his pecuniary interest.
• The Restricted Stock Units vest in whole on the earlier of the business day immediately prior to AlTi Global Inc.'s 2025 annual general meeting or June 30, 2025.

Sentiment

Score: 5

Explanation: The filing is an administrative amendment to correct previously reported beneficial ownership numbers, indicating a neutral impact on company operations or financial performance.

Positives

• The filing corrects an administrative error, ensuring accuracy and transparency in public disclosures of insider ownership.
• The conversion of Restricted Stock Units indicates vesting and increased direct ownership by a company director.

Negatives

• An initial administrative error required the filing of an amendment to correct previously reported information.

Risks

• No new risks are identified or introduced by this administrative amendment.

Future Outlook

Restricted Stock Units are set to vest on the earlier of the business day immediately prior to AlTi Global Inc.'s 2025 annual general meeting or June 30, 2025.

Management Comments

• No specific management comments or quotes are provided in this administrative filing.

Industry Context

This filing is an administrative correction to an insider ownership report and does not provide direct insights into broader industry trends or competitive dynamics.

Comparison to Industry Standards

• Not applicable as this filing is an administrative correction to an insider ownership report, not a performance or operational update.

Related Party Transactions

• Indirect beneficial ownership of 748,298 shares is held through MERCYAH B.V., which is controlled by Ali Bouzarif. Mr. Bouzarif disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.

Stakeholder Impact

• Enhances transparency for shareholders by correcting previously reported beneficial ownership information.

Next Steps

• Vesting of Restricted Stock Units on the earlier of the business day immediately prior to AlTi Global Inc.'s 2025 annual general meeting or June 30, 2025.

Key Dates

Recommendation

This filing is an administrative amendment to correct previously reported beneficial ownership numbers and does not provide new information that would alter the fundamental investment outlook for AlTi Global, Inc. Therefore, a 'hold' recommendation is appropriate as the core investment thesis remains unchanged.

Keywords

AlTi Global, ALTI, SEC Form 4/A, Beneficial Ownership, Insider Trading, Director, Restricted Stock Units, RSU Conversion, Stock Ownership