Weeber Robert 4
Research Summary
AI-generated summary
AlTi Global (ALTI) President Weeber Converts and Disposes 67,772 RSUs
What Happened
- Robert Weeber, President, International Wealth Management of AlTi Global (ALTI), reported conversion/exercise of restricted stock units (derivative code M) on 2026-02-15. The filing shows three conversions/acquisitions: 35,796.45, 8,954.80 and 23,021.11 shares (total 67,772.36 shares) at $0.00 per share, immediately followed by dispositions of the same amounts (also reported at $0.00). No cash proceeds or sale prices are reported in the Form 4.
Key Details
- Transaction date: February 15, 2026
- Report filed: February 18, 2026 (filing appears timely)
- Reported transactions:
- Acquired 35,796.45 shares @ $0.00; disposed 35,796.45 shares @ $0.00
- Acquired 8,954.80 shares @ $0.00; disposed 8,954.80 shares @ $0.00
- Acquired 23,021.11 shares @ $0.00; disposed 23,021.11 shares @ $0.00
- Total converted/disposed: 67,772.36 shares
- Shares owned after transaction: not specified in the filing
- Footnotes from the filing:
- F1: Each restricted stock unit (RSU) represents a contingent right to one share of ALTI Class A Common Stock.
- F2: RSUs vest in three equal annual installments beginning Feb 15, 2024.
- F3: RSUs vest in three equal annual installments beginning Feb 15, 2025.
- F4: RSUs vest in three equal annual installments beginning Feb 15, 2026
- Transaction code M indicates exercise/conversion of a derivative (here, RSUs). The filing does not state the reason for the same‑day disposition (e.g., sale, net settlement, or tax withholding) and reports $0.00 prices.
Context
- Converting RSUs into shares is not a purchase; it reflects vested awards being settled. Because the converted shares were disposed the same day, this behavior is not a straightforward buy signal for investors. The Form 4 shows the mechanics (conversion and disposition) but does not provide cash values or the disposition method.