ALTI.NASDAQAlti Global, INC

Form 4: AlTi Global Executive Maliagros Spiros Reports Share Sales

Sentiment:

SEC Form 4

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AlTi Global's President of Asset Management, Spiros Maliagros, reports the acquisition and disposal of Class A Common Stock, including the exchange of Class B Units for Class A Common Stock.

Summary

  • On March 11, 2024, Spiros Maliagros acquired 400,000 shares of Class A Common Stock at $0.
  • This acquisition was related to the exchange of Class B Units for Class A Common Stock.
  • On April 2, 2024, Maliagros disposed of 5,350 shares of Class A Common Stock at $5.14 per share.
  • On April 3, 2024, Maliagros disposed of 4,950 shares of Class A Common Stock at $5.01 per share.
  • Following these transactions, Maliagros directly owns 512,984.74 shares of Class A Common Stock.
  • Maliagros also indirectly owns 3,411,306 derivative securities related to Class B Common Stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting transactions by an insider. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which can be an indicator of management's perspective on the company's valuation and future prospects.

Stakeholder Impact

  • Shareholders may be interested in the insider's transactions as an indicator of confidence in the company's prospects.

Key Dates

DateDescription
03/11/2024Acquisition of 400,000 shares of Class A Common Stock via exchange of Class B Units.
04/02/2024Sale of 5,350 shares of Class A Common Stock at $5.14 per share.
04/03/2024Sale of 4,950 shares of Class A Common Stock at $5.01 per share.
04/04/2024Date of signature for the Form 4 filing.

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