4/A: Altus Power Cofounder Anthony Savino Sells Shares to Cover Tax Obligations, Amends Filing to Correct Share Count

Anthony Savino, cofounder and Chief Construction Officer of Altus Power, sold shares to cover tax obligations and amended a previous filing to correct the number of shares beneficially held.

Summary

• Anthony Savino, cofounder and Chief Construction Officer of Altus Power, Inc. [AMPS], sold 28,024 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.
• Savino directly owns 4,375,190 shares following the transaction.
• An amended Form 4/A was filed on April 11, 2025, to correct an administrative error in the number of shares beneficially held by the Reporting Person.

Sentiment

Score: 6

Explanation: The sentiment is neutral. The sale is for tax purposes and the amended filing corrects an administrative error. There is no indication of a change in the company's outlook.

Industry Context

Sales to cover tax obligations are a routine part of equity compensation and are not necessarily indicative of a negative outlook on the company.

Key Dates

Keywords

Altus Power, AMPS, Anthony Savino, Form 4/A, Share Sale, Tax Withholding, Beneficial Ownership, Cofounder, Chief Construction Officer