Benton Todd E 4
Research Summary
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Alto Ingredients (ALTO) COO Todd Benton Withholds 25,359 Shares
What Happened Todd Benton, Chief Operating Officer of Alto Ingredients, had 25,359 shares withheld to cover withholding taxes related to the vesting of restricted stock. The withholding is reported as a disposition at $4.79 per share, for a total value of approximately $121,470. This was a tax-withholding action on vested shares, not an open-market sale.
Key Details
- Transaction date and price: April 1, 2026 — 25,359 shares at $4.79 each (total ~$121,470).
- Shares owned after transaction: Not disclosed in this Form 4.
- Footnote: F1 — Shares were withheld upon vesting of restricted stock to cover withholding taxes (transaction code F).
- Filing timeliness: Form filed April 3, 2026 reporting the April 1 transaction; appears timely (within the typical 2-business-day Form 4 window).
Context This was a routine tax-withholding disposition tied to restricted stock vesting (company retained shares to pay taxes). Such transactions are administrative and do not necessarily indicate the insider's market view, since shares were not sold on the open market.