Cetin Nazim 4

What Happened
Cetin Nazim, a director of AlTi Global, reported exercising/converting 30,732.266 derivative units on June 16, 2026 (transaction code M) and being granted 34,736.476 restricted stock units (RSUs) on June 17, 2026 (transaction code A). Both the exercise/conversion and the RSU grant were reported at a $0.00 price. The exercise/conversion is recorded as derivative activity; the RSUs are contingent rights to receive Class A common stock if and when they vest.

Key Details

• Transaction dates: June 16, 2026 (exercise/conversion of 30,732.266 units), June 17, 2026 (grant of 34,736.476 RSUs). Filing date: June 18, 2026.
• Prices/values: Both the derivative exercise/conversion and the RSU grant are reported at $0.00 per share.
• Transaction codes: M = exercise/conversion of derivative; A = grant/award (RSUs).
• Shares owned after transaction: Not disclosed in the provided excerpt.
• Footnotes:
  • F1: Each RSU represents a contingent right to one share of AlTi Global Class A common stock.
  • F2: Some RSUs vest in whole on the earlier of the business day immediately prior to the 2026 annual meeting or June 30, 2026.
  • F3: Some RSUs vest in whole on the earlier of the business day immediately prior to the 2027 annual meeting or June 30, 2027.
• Timeliness: Form 4 was filed June 18 covering activity on June 16–17 (appears timely under Form 4 reporting rules).

Context

• The June 16 entries reflect exercise/conversion of derivatives (M). The $0.00 price suggests conversion/settlement terms rather than an open-market cash purchase; RSUs awarded the next day are subject to vesting conditions and are not immediate market purchases.
• Awards and internal conversions are common compensation actions and do not necessarily indicate insider sentiment about the stock price. They differ from open-market purchases (more indicative of a bullish bet) or sales (liquidity-taking).