Nair Sidhartha 4
4 · ALTA EQUIPMENT GROUP INC. · Filed Jun 1, 2026
Research Summary
AI-generated summary of this filing
Alta Equipment (ALTG) Director Nair Sidhartha Receives 14,903 RSU Award
What Happened
- Nair Sidhartha, a director of Alta Equipment Group Inc. (ALTG), received a grant of 14,903 restricted stock units (RSUs) on May 29, 2026.
- Each RSU represents the right to receive one share of common stock; no purchase price was reported (transaction code A — award/grant).
- This is a standard director compensation award rather than an open‑market purchase or sale.
Key Details
- Transaction date: May 29, 2026; Form 4 filed June 1, 2026 (typically within the two business‑day Form 4 deadline).
- Shares/units granted: 14,903 RSUs; price: N/A (award).
- Shares owned after transaction: not specified in the filing.
- Footnote: RSUs are time‑based annual director grants. They vest 1/12th each month and fully vest on the date of the 2027 Annual Meeting of Stockholders, unless the reporting person elects to defer receipt until termination of service. (See footnote F1.)
- Transaction code: A = Award/Grant.
Context
- RSU grants are a form of compensation for directors and do not represent an open‑market purchase or sale; they do not by themselves indicate the insider’s view on near‑term stock performance.
- For retail investors, director RSU grants are routine corporate governance/compensation actions and are useful to track for dilution and insider alignment but are not the same signal as insider purchases.
Insider Transaction Report
Form 4
Nair Sidhartha
Director
Transactions
- Award
Common Stock
[F1]2026-05-29+14,903→ 52,709 total
Footnotes (1)
- [F1]The reporting person was granted such time-based restricted stock units ("RSUs") for the annual director grant on the date of the 2026 Annual Meeting of Stockholders on May 29, 2026. Each RSU represents the right to receive one share of Common Stock. Subject to the reporting person's election to defer the receipt of the RSUs to the reporting person's termination of service as a director, the RSUs vest 1/12th each month and fully vest on the date of the Annual Meeting of Stockholders the following year.
Signature
Jason Dammeyer, Attorney-in-Fact|2026-06-01