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AlTi Global, Inc.·4

Feb 18, 9:05 PM ET

Tiedemann Michael 4

Research Summary

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Updated

AlTi Global (ALTI) CEO Michael Tiedemann Converts RSUs, No Net Change

What Happened

  • Michael Tiedemann, CEO of AlTi Global (ALTI), exercised/converted derivative awards (reported under code M) on February 15, 2026. He recorded acquisitions of 25,546.28, 57,909.61 and 85,751.98 shares (total 169,207.87) at an exercise/ conversion price of $0.00, and the same amounts were recorded as disposals the same day. The transactions appear to reflect settlement/ conversion of restricted stock units (RSUs) rather than a paid purchase; there was no cash paid or received shown in the filing and no net change in beneficial ownership.

Key Details

  • Transaction date: February 15, 2026; Filing date: February 18, 2026 (3 days after the transaction).
  • Price: $0.00 per share for the conversions (code M).
  • Shares acquired and disposed (same day): 25,546.28; 57,909.61; 85,751.98 — total 169,207.87 shares.
  • Shares owned after transaction: Reporting person’s indirect beneficial ownership reported as 137,198 Class A shares (63,326 + 42,918 + 30,954 per footnote F2); the filing shows no net increase in holdings from these conversions/disposals.
  • Important footnotes:
    • F1: Each restricted stock unit (RSU) represents a contingent right to receive one share of ALTI Class A common stock.
    • F2: Indirect holdings include shares held by trusts/LLC (disclaimed except for any pecuniary interest).
    • F3–F5: Multiple RSU grants with vesting in three equal annual installments beginning Feb 15, 2024; Feb 15, 2025; and Feb 15, 2026, respectively.
  • Timeliness: Filed Feb 18, 2026. Check the filed Form 4 for the timeliness code if you need confirmation about regulatory on-time reporting.

Context

  • These were derivative/RSU conversions (code M). Because the exercise/conversion price is $0 and the acquisitions and disposals occurred the same day, the filing likely documents settlement of vested RSUs and a corresponding disposition of the derivative position (e.g., transfer, settlement or withholding). The filing does not show an open-market sale or cash proceeds, so it does not signal a typical “sell” or “buy” trade.