Shribman Daniel 4
Research Summary
AI-generated summary
Alta Equipment (ALTG) Director Daniel Shribman Receives 14,903 RSUs
What Happened Daniel Shribman, a director of Alta Equipment Group, was granted 14,903 time‑based restricted stock units (RSUs) on May 29, 2026 as part of the company’s annual director compensation. Each RSU represents the right to one share of common stock; the grant is reported as an award/acquisition (code A). No per‑share price or total dollar value is provided in the filing.
Key Details
- Transaction date: 2026-05-29; Form 4 filed 2026-06-01 (timely within required reporting window).
- Security: RSUs (each RSU = 1 share of common stock).
- Amount granted: 14,903 RSUs. Price/consideration: N/A (award).
- Shares owned after transaction: Not specified in the excerpted filing.
- Footnote: RSUs vest 1/12th each month and fully vest at the 2027 Annual Meeting of Stockholders (the next year) unless Shribman elects to defer receipt until termination of service.
- Transaction code: A (award/grant).
Context This is a routine director compensation grant (unvested RSUs) rather than an open‑market purchase or sale; such awards are compensation for service and do not by themselves indicate the insider’s view of the stock. The RSUs convert to shares as they vest per the schedule above or upon the director’s deferred receipt election.