AlTi Global, Inc.·4

Feb 18, 9:08 PM ET

Harrington Michael W 4

Research Summary

AI-generated summary

Updated

AlTi (ALTI) CFO Harrington Exercises RSUs, Surrenders 27,088.83 Shares

What Happened Michael W. Harrington, Chief Financial Officer of AlTi Global, converted 27,088.83 restricted stock units (RSUs) into the same number of shares on February 15, 2026 (reported as an "exercise or conversion of derivative" (M)). Immediately thereafter those 27,088.83 shares were disposed to the issuer (transaction code D) at $0.00, resulting in $0 cash proceeds reported. This pattern typically reflects conversion of vested RSUs followed by surrender of shares to the company (commonly to satisfy tax withholding obligations).

Key Details

  • Transaction date: February 15, 2026.
  • Conversion: 27,088.83 RSUs converted to 27,088.83 shares (code M) at $0.00 per share (total $0).
  • Disposition: 27,088.83 shares disposed to the issuer (code D) at $0.00 per share (total $0).
  • Footnotes: F1 — each RSU = contingent right to one Class A common share; F2 — RSUs vest in three equal annual installments beginning Feb 15, 2026.
  • Shares owned after transaction: not reported in the provided filing.
  • Filing timing: Form 4 was filed Feb 18, 2026 for a Feb 15, 2026 transaction; this appears to be one business day past the typical two-business-day SEC filing window.

Context This was not a cash sale to outside buyers. Converting RSUs and immediately surrendering shares to the issuer is commonly a tax-withholding mechanism (the company retains shares instead of issuing cash). Such routine withholding transactions do not necessarily indicate a change in the insider’s view of the company.