4/A: Altus Power CFO 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, Inc. [AMPS], sold 15,480 shares of Class A Common Stock on April 7, 2025, at a price of $4.96 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 2,286,791 shares.

Sentiment

Score: 6

Explanation: The document primarily reports a routine transaction (tax obligation 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 do not necessarily reflect a change in the executive's confidence in the company.

Stakeholder Impact

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

Key Dates

Keywords

Altus Power, AMPS, Dustin Weber, CFO, Form 4, SEC Filing, Share Sale, Tax Withholding, Beneficial Ownership, Amendment