Form 4: Alto Ingredients Director Gilbert Nathan Boosts Stake with Significant Stock Grant

Alto Ingredients, Inc. Director Gilbert E. Nathan acquired 49,166 shares of common stock at no cost, increasing his direct beneficial ownership to 749,741 shares.

Summary

• Gilbert E. Nathan, a Director of Alto Ingredients, Inc. (ALTO), acquired 49,166 shares of common stock.
• The acquisition occurred on July 9, 2025, and was made at a price of $0 per share, indicating a stock grant or award.
• Following this transaction, Mr. Nathan directly beneficially owns 749,741 shares of Alto Ingredients common stock.
• Additionally, Mr. Nathan indirectly beneficially owns 31,200 shares through his spouse.
• The transaction was made pursuant to a Rule 10b5-1(c) plan, a pre-arranged contract for the purchase or sale of equity securities.

Sentiment

Score: 7

Explanation: The acquisition of shares by a director, even if a grant, increases insider ownership and aligns interests, which is generally positive for shareholder confidence.

Positives

• Increased insider ownership by a director, aligning management interests with shareholders.
• The transaction was pre-planned under a Rule 10b5-1(c) plan, indicating a structured approach to equity compensation or ownership.

Negatives

• The acquisition was a stock grant ($0 price) rather than an open market purchase, which typically carries a stronger signal of confidence as it involves personal capital at risk.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• Acquisition of 49,166 shares of common stock by Director Gilbert E. Nathan from Alto Ingredients, Inc. at a $0 price, likely as part of compensation or a grant.

Stakeholder Impact

• Shareholders: Increased alignment of director's interests with shareholders due to higher equity ownership.

Key Dates

Recommendation

Keywords

Alto Ingredients, ALTO, Form 4, insider trading, beneficial ownership, stock grant, director compensation, Gilbert E. Nathan, SEC filing, equity ownership