Form 4: AlTi Global Director Norma Corio Converts Restricted Stock Units to Common Shares

AlTi Global, Inc. Director Norma Corio reported the acquisition of 22,312.37 shares of Class A Common Stock through the conversion of Restricted Stock Units.

Summary

• Norma Corio, a Director of AlTi Global, Inc. (ALTI), reported the acquisition of 22,312.37 shares of the company's Class A Common Stock.
• The transaction occurred on June 13, 2025, and represents the conversion of previously vested Restricted Stock Units (RSUs).
• Each RSU represented a contingent right to receive one share of Class A Common Stock, and these units were acquired at a price of $0, typical for equity compensation.
• The RSUs vested on the earlier of the business day immediately prior to AlTi Global Inc.'s 2024 annual general meeting or June 30, 2024.
• Following this transaction, Norma Corio directly beneficially owns 22,312.37 shares of Class A Common Stock.

Sentiment

Score: 7

Explanation: The transaction is a routine conversion of equity compensation, indicating a director's vested interest in the company's performance.

Positives

• The conversion of Restricted Stock Units (RSUs) into common stock indicates the vesting of equity compensation, aligning the director's interests with shareholders.
• The director now directly holds common stock, increasing their direct stake in the company.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: The conversion of RSUs into common stock by a director increases their direct ownership, aligning their interests more closely with those of other shareholders.
• Director (Norma Corio): Realization of equity compensation, converting contingent rights into direct stock ownership.

Key Dates

Recommendation

Keywords

AlTi Global, ALTI, Norma Corio, Form 4, SEC filing, Director, Restricted Stock Units, RSU conversion, Class A Common Stock, insider transaction, equity compensation