Form 4: Altus Power Director Lars Norell Reports Stock Sale

Sentiment:

SEC Form 4 Filing


Director Lars Norell reports selling 12,482 shares of Altus Power, Inc. at $4.9 per share on February 6, 2025.

Summary

  • On February 6, 2025, Lars Norell, a director of Altus Power, Inc., sold 12,482 shares of Class A Common Stock.
  • The sale price was $4.9 per share.
  • Following the transaction, Norell directly owns 122,648 shares and indirectly owns 17,558,183 shares through Start Capital LLC.
  • Norell disclaims beneficial ownership of shares held by Start Capital LLC except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of a stock sale by a company director. It doesn't inherently indicate positive or negative sentiment, but rather provides factual information.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It's a common practice and doesn't necessarily indicate a broader trend or issue within the company or industry.

Key Dates

DateDescription
02/06/2025Date of stock sale transaction
02/10/2025Date of signature on the Form 4 filing

Keywords

Form 4, Altus Power, AMPS, Lars Norell, Stock Sale, Director, Beneficial Ownership, Start Capital LLC, Class A Common Stock

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