Form 4: Altimmune's Chief Medical Officer Transfers Shares to Trust
SEC Form 4 Filing
Altimmune's Chief Medical Officer, Matthew Scott Harris, transferred 67,787 shares of common stock to the Matthew Scott Harris Trust on March 7, 2025.
Summary
- On March 7, 2025, Matthew Scott Harris, the Chief Medical Officer of Altimmune, Inc., transferred 67,787 shares of Altimmune common stock to the Matthew Scott Harris Trust.
- The transfer was made for no consideration.
- Harris is the trustee of the trust, and he and his immediate family are the sole beneficiaries.
- Despite the transfer, Harris remains the beneficial owner of the shares held by the trust.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing regarding a share transfer to a trust, which is neutral in sentiment.
Industry Context
This is a routine disclosure related to insider transactions and doesn't necessarily reflect a strategic shift for Altimmune.
Related Party Transactions
- The transfer of shares to the Matthew Scott Harris Trust, of which Matthew Scott Harris is the trustee and beneficiary, constitutes a related party transaction.
Stakeholder Impact
- The transfer of shares to a trust by a key executive could be perceived as a neutral event by shareholders, as the executive retains beneficial ownership.
Key Dates
| Date | Description |
|---|---|
| 03/07/2025 | Date of the share transfer to the Matthew Scott Harris Trust. |
| 03/11/2025 | Date of signature on the Form 4 filing. |
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