Form 4: AlTi Global Director Judy Lee Acquires Restricted Stock Units
SEC Form 4 Filing
Director Judy Lee acquired 18,363.94 restricted stock units of AlTi Global, Inc. on March 1, 2024, which will vest on the earlier of the day before the 2024 annual general meeting or June 30, 2024.
Summary
- On March 1, 2024, Judy Lee, a director of AlTi Global, Inc., acquired 18,363.94 restricted stock units.
- These restricted stock units represent a contingent right to receive one share of AlTi Global, Inc. Class A Common Stock each.
- The restricted stock units vest in full on the earlier of (i) the business day immediately prior to AlTi Global, Inc.'s 2024 annual general meeting or (ii) June 30, 2024.
- Following the transaction, Judy Lee directly owns 18,363.94 derivative securities.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The acquisition of restricted stock units by a director could be viewed positively by shareholders as it aligns the director's interests with the company's performance.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of transaction: Judy Lee acquired restricted stock units. |
| 03/05/2024 | Date of signature on the Form 4 filing. |
| June 30, 2024 | Latest possible vesting date for the restricted stock units. |
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