Form 4: Altimmune Director Teri L. Lawver Acquires 69,800 Stock Options
SEC Form 4 Filing
Director Teri L. Lawver acquired 69,800 stock options in Altimmune, Inc. on February 24, 2025, according to a Form 4 filing with the SEC.
Summary
- Teri L. Lawver, a director of Altimmune, Inc., acquired 69,800 stock options on February 24, 2025.
- The exercise price of these options is $6.11.
- The options vest in 36 equal monthly installments starting from February 24, 2025, contingent upon continued service.
- The options expire on February 24, 2035.
- Following the transaction, Lawver directly owns 69,800 derivative securities.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a standard disclosure of stock option acquisition by a director. While insider confidence can be a positive signal, this is a routine grant.
Positives
- The acquisition of stock options by a director could be seen as a positive sign, indicating confidence in the company's future performance.
Industry Context
Form 4 filings are standard disclosures required by the SEC to ensure transparency in insider trading activities, providing investors with insights into the actions of company directors and officers.
Stakeholder Impact
- Shareholders may view the acquisition of stock options by a director as a sign of confidence in the company's future prospects.
Key Dates
| Date | Description |
|---|---|
| 02/24/2025 | Date of earliest transaction: acquisition of stock options. |
| 02/24/2025 | Vesting start date for the stock options. |
| 02/24/2035 | Expiration date of the stock options. |
| 02/26/2025 | Date of signature on the Form 4 filing. |
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