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

Dustin Weber, CFO of Altus Power, Inc., sold 20,923 shares of Class A Common Stock on March 31, 2025, to satisfy tax withholding obligations.

Summary

• Dustin Weber, the Chief Financial Officer of Altus Power, Inc. (AMPS), reported a transaction involving the sale of company stock.
• On March 31, 2025, Weber sold 20,923 shares of Class A Common Stock at a price of $4.95 per share.
• The sale was executed to cover tax withholding obligations related to stock ownership.
• Following the transaction, Weber directly owns 1,981,688 shares of Altus Power's Class A Common Stock.

Sentiment

Score: 5

Explanation: Neutral sentiment as the document reports a routine stock sale for tax purposes, with no indication of positive or negative implications for the company's performance.

Industry Context

This is a routine Form 4 filing, indicating a transaction by a company insider. Such filings are common and provide transparency into the trading activities of company executives.

Stakeholder Impact

• The sale of shares by a company executive could have a minor impact on shareholder sentiment, but is unlikely to be significant given the stated reason for the sale.

Key Dates

Keywords

Altus Power, AMPS, Dustin Weber, CFO, stock sale, Form 4, tax withholding, Class A Common Stock, insider trading