Form 4: Alto Ingredients CEO McGregor Reports Stock Award and Tax Withholding
Ownership Disclosure
Alto Ingredients CEO Bryon T. McGregor reports acquisition of shares through a stock award and subsequent disposal to cover tax obligations.
Summary
- On March 31, 2025, Bryon T. McGregor, President & CEO and Director of Alto Ingredients, Inc., acquired 155,500 shares of common stock due to a stock award.
- The acquisition price was $0.00 per share.
- Following this transaction, McGregor directly owned 989,765 shares of Alto Ingredients.
- On April 1, 2025, McGregor disposed of 58,929 shares at $1.12 per share to cover withholding taxes related to the vesting of restricted stock.
- After this disposal, McGregor directly owned 930,836 shares.
Sentiment
Score: 6
Explanation: Neutral sentiment as the document primarily reflects routine transactions related to executive compensation. The stock award is a positive sign, but the subsequent sale for tax purposes is a neutral event.
Positives
- The acquisition of shares through a stock award indicates confidence in the company's future.
Negatives
- The disposal of shares to cover tax obligations, while common, slightly reduces the executive's holdings.
Industry Context
This filing is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies. It provides transparency into the holdings of key company personnel.
Stakeholder Impact
- Shareholders are informed about changes in the beneficial ownership of a key executive.
- Employees may view the stock award as a positive signal about the company's performance.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Bryon T. McGregor acquired 155,500 shares of common stock through a stock award. |
| 04/01/2025 | Bryon T. McGregor disposed of 58,929 shares to cover withholding taxes. |
| 04/02/2025 | Date of signature for the Form 4 filing. |
Keywords
Alto Ingredients, McGregor, Stock Award, Form 4, Beneficial Ownership, Insider Trading, Tax Withholding, ALTO
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