Form 4: AlTi Global Director Norma Corio Acquires Restricted Stock Units
SEC Form 4 Filing
Director Norma Corio acquired 22,312.37 restricted stock units of AlTi Global, Inc. on June 27, 2024, according to a Form 4 filing.
Summary
- Norma Corio, a director of AlTi Global, Inc., acquired 22,312.37 restricted stock units on June 27, 2024.
- Each restricted stock unit represents a contingent right to receive one share of AlTi Global, Inc. Class A Common Stock.
- The restricted stock units vest in whole on the earlier of (i) the business day immediately prior to AlTi Global, Inc.'s 2025 annual general meeting or (ii) June 30, 2025.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to stock unit acquisition, indicating a neutral sentiment.
Future Outlook
The restricted stock units will vest on the earlier of the business day immediately prior to AlTi Global, Inc.'s 2025 annual general meeting or June 30, 2025.
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 may signal confidence in the company's future performance to shareholders.
Key Dates
| Date | Description |
|---|---|
| 06/27/2024 | Date of transaction: Norma Corio acquired restricted stock units. |
| 06/30/2025 | Restricted stock units vest on the earlier of the day before the 2025 annual general meeting or June 30, 2025. |
| 07/01/2024 | Date of signature on the Form 4 filing. |
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