Form 4: IlWaddi Holdings Reports Purchase of AlTi Global Stock
SEC Form 4 Filing
IlWaddi Holdings, a 10% owner of AlTi Global, reported purchasing 3,835 shares of Class A Common Stock at $3.95 per share on August 20, 2024.
Summary
- On August 20, 2024, IlWaddi Holdings purchased 3,835 shares of AlTi Global's Class A Common Stock at a price of $3.95 per share.
- Following this transaction, IlWaddi Holdings beneficially owns 18,098,807 shares of AlTi Global.
- H.E. Sheikh Jassim bin Abdulaziz J.H. Al-Thani is the sole owner of IlWaddi Holdings.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it is a standard regulatory filing reporting a stock purchase. There is no inherent positive or negative implication.
Industry Context
This filing is a routine disclosure of stock transactions by a major shareholder, which is common in the financial industry. It provides transparency to the market regarding insider activity.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholders as it signals confidence from a major shareholder.
Key Dates
| Date | Description |
|---|---|
| 08/20/2024 | Date of transaction: IlWaddi Holdings purchased 3,835 shares of AlTi Global's Class A Common Stock. |
| 08/23/2024 | Date of signature for the Form 4 filing. |
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