STUDDERT ANDREW P 4
4 · ALTA EQUIPMENT GROUP INC. · Filed Jun 1, 2026
Research Summary
AI-generated summary of this filing
ALTA (ALTG) Director Andrew Studdert Receives 14,903 RSUs
What Happened
Andrew P. Studdert, a director of ALTA Equipment Group, Inc. (ALTG), was granted 14,903 restricted stock units (RSUs) on May 29, 2026. The award is reported as an "A" (award/grant) transaction; no purchase price is reported because these are compensatory RSUs. Each RSU represents the right to receive one share of common stock upon vesting.
Key Details
- Transaction date: 2026-05-29; Form 4 filed with the SEC on 2026-06-01 (Accession: 0001193125-26-251928).
- Shares/units granted: 14,903 RSUs. Price: N/A (compensatory award).
- Vesting: 1/12th vests each month; fully vests on the date of the 2027 Annual Meeting of Stockholders (approximately one year).
- Shares owned after the transaction: not specified in the filing.
- Footnote: Each RSU equals one share of common stock when vested. No 10b5-1 plan, tax-withholding, or sale noted in the filing.
Context
This is a standard director compensation award (not a market purchase or sale). RSUs are not immediately tradable shares; they convert to common stock as they vest and therefore are dilutive only upon issuance. Such grants are routine and do not, by themselves, indicate an insider buying or selling the stock.
Insider Transaction Report
- Award
Common Stock
[F1]2026-05-29+14,903→ 131,716 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. The RSUs vest 1/12th each month and fully vest on the date of the Annual Meeting of Stockholders the following year.