Form 4: AlTi Global Executive Brooke Connell Reports Stock Transactions
SEC Form 4 Filing
Brooke Connell, President of US Wealth Management at AlTi Global, reports the acquisition and disposal of Class A Common Stock.
Summary
- Brooke Connell, a key executive at AlTi Global, filed a Form 4 detailing changes in beneficial ownership.
- On March 11, 2024, Connell acquired 50,000 shares of Class A Common Stock at $0.
- On April 2, 2024, Connell disposed of 15,000 shares of Class A Common Stock at $5.07.
- Following these transactions, Connell directly owns 190,771.54 shares of Class A Common Stock.
- Connell also owns 765,879 shares of Class B Common Stock through Class B Units in AlTi Global Capital, LLC, which are exchangeable for Class A Common Stock on a one-for-one basis.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a routine disclosure of stock transactions by an executive.
Industry Context
Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which can be informative for investors.
Stakeholder Impact
- The transactions may provide insights to shareholders regarding management's perspective on the company's stock value.
Key Dates
| Date | Description |
|---|---|
| 03/11/2024 | Acquisition of 50,000 shares of Class A Common Stock |
| 04/02/2024 | Disposal of 15,000 shares of Class A Common Stock |
| 04/04/2024 | Date of signature on the Form 4 filing |
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