Nair Sidhartha 4

What Happened
Nair Sidhartha, a director of ALTA Equipment Group Inc. (ALTG), made four open-market purchases (transaction code P) between March 3 and March 11, 2026, acquiring a total of 4,000 shares. The purchases were at $7.13, $7.00, $6.75 and $6.37 per share, totaling $27,250. Purchases (vs. sales) are often viewed by investors as a more informative sign of insider buying interest, though they do not guarantee future performance.

Key Details

• Transaction dates and prices:
  • 2026-03-03: 1,000 shares @ $7.13 = $7,130
  • 2026-03-05: 1,000 shares @ $7.00 = $7,000
  • 2026-03-09: 1,000 shares @ $6.75 = $6,750
  • 2026-03-11: 1,000 shares @ $6.37 = $6,370
• Total purchased: 4,000 shares for $27,250.
• Ownership after the transactions: Not disclosed in the provided report.
• Footnote F1: "These shares were purchased in one transaction at the disclosed price."
• Filing: Form 4 filed on 2026-03-16 (accession 0001193125-26-108737) reporting trades through 2026-03-11 — this appears to be later than the SEC’s usual 2-business-day filing window.

Context

• Code P = Purchase (open-market acquisition). Director purchases can draw attention from retail investors as a sign of insider buying, but they should be considered alongside other information and not as a sole basis for investment decisions.