4/A: Altus Power CFO Dustin Weber Sells Shares to Cover Tax Obligations, Corrects Filing Error

Dustin Weber, CFO of Altus Power, sold shares to cover tax obligations and amended a previous filing to correct an administrative error regarding the number of shares beneficially held.

Summary

• Dustin Weber, the CFO of Altus Power, sold 20,923 shares of Class A Common Stock on March 31, 2025, at a price of $4.95 per share.
• The sale was executed to satisfy tax withholding obligations through a 'sell to cover' transaction.
• Weber also filed an amendment (Form 4/A) to correct an administrative error in the previously reported number of shares beneficially held.
• Following the transaction, Weber beneficially owns 2,302,271 shares of Altus Power.

Sentiment

Score: 6

Explanation: The document primarily reports a routine transaction (tax-related share sale) and a correction of an administrative error. It doesn't contain information that would significantly sway investor sentiment positively or negatively.

Industry Context

Sales 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 share sale has a minimal impact on shareholders as it's a small percentage of the total outstanding shares.
• The correction of the filing ensures transparency and accurate information for investors.

Key Dates

Keywords

Altus Power, Dustin Weber, CFO, Form 4/A, Share Sale, Tax Withholding, Beneficial Ownership, AMPS