Form 4: Altus Power CFO Dustin Weber Sells Shares to Cover Tax Obligations

Dustin Weber, CFO of Altus Power, Inc., sold 9,162 shares of Class A Common Stock to satisfy tax withholding obligations on February 20, 2025.

Summary

• Dustin Weber, the Chief Financial Officer of Altus Power, Inc. (AMPS), reported a transaction involving the sale of Class A Common Stock.
• On February 20, 2025, Weber sold 9,162 shares at a price of $4.91 per share.
• The sale was executed to cover tax withholding obligations, and Weber still beneficially owns 2,002,611 shares of Class A Common Stock directly.

Sentiment

Score: 5

Explanation: The document describes a routine transaction (sell to cover taxes) by a company executive. It doesn't inherently convey positive or negative sentiment about the company's prospects.

Industry Context

Sales of shares to cover tax obligations are a routine part of executive compensation and are not necessarily indicative of the executive's sentiment about the company's future prospects.

Stakeholder Impact

• The sale of shares by the CFO could have a minor impact on shareholders due to the small volume of shares sold relative to the total outstanding shares.

Key Dates

Keywords

Altus Power, AMPS, Dustin Weber, CFO, Form 4, Share Sale, Tax Withholding, Class A Common Stock, Beneficial Ownership, SEC