Form 4: AlTi Global Executive Robert Weeber Reports Stock Transactions
SEC Form 4 Filing
Robert Weeber, President of International Wealth Management at AlTi Global, reports the vesting of restricted stock units and subsequent acquisition of Class A Common Stock.
Summary
- Robert Weeber, President of International Wealth Management at AlTi Global, filed a Form 4 detailing changes in beneficial ownership.
- On February 15, 2025, restricted stock units vested, resulting in the acquisition of 35,796.45 and 8,954.8 shares of Class A Common Stock at $0 per share.
- Following these transactions, Weeber directly owns 493,688.7 shares of Class A Common Stock.
- Weeber also has indirect ownership through Swartberg Holding 1 AG (10,825 shares) and Swartberg Holding 2 AG (6,905 shares), but disclaims beneficial ownership except to the extent of his pecuniary interest.
- He also directly owns 35,796.46 and 17,909.2 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The vesting of stock options and increase in shares owned by an executive may be viewed positively by shareholders as it aligns management's interests with theirs.
Key Dates
| Date | Description |
|---|---|
| 02/15/2024 | Beginning of vesting in three equal annual installments for 35,796.45 restricted stock units |
| 02/15/2025 | Beginning of vesting in three equal annual installments for 8,954.8 restricted stock units; Acquisition of 35,796.45 and 8,954.8 shares of Class A Common Stock |
| 02/19/2025 | Date of Form 4 filing |
Keywords
Form 4, Beneficial Ownership, AlTi Global, Robert Weeber, Stock Transactions, Restricted Stock Units, Class A Common Stock
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