ALT CFO receives options and RSUs with 4-year vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Altimmune (ALT) reported a Form 4 for its Chief Financial Officer detailing new equity awards granted on October 1, 2025.
The filing shows stock options for 166,800 shares at an exercise price of $3.87, expiring on October 1, 2035, and 57,900 restricted stock units. The options vest over four years: 25% on October 1, 2026, then in equal monthly installments over the following 36 months. The RSUs vest over four years: 25% on October 1, 2026, then in equal annual installments for the next three years. The awards are reported as held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
WEAVER GREGORY L
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options (option to buy) | 166,800 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 57,900 | $0.00 | -- |
Holdings After Transaction:
Stock Options (option to buy) — 166,800 shares (Direct);
Restricted Stock Units — 57,900 shares (Direct)
Footnotes (1)
- The shares underlying the option become vested and exercisable over four (4) years with 25% of the shares vesting on October 1, 2026, with the remainder vesting in equal monthly installments for the following thirty-six (36) months, subject to the reporting person's continued service on each applicable vesting date. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Common Stock, par value $0.0001, when vested The RSUs become vested over four (4) years with 25% of the shares vesting October 1, 2026, with the remainder vesting in equal annual installments for the following three (3) years, subject to the reporting person's continued service through the applicable vesting date, and have no expiration date.
FAQ
What equity awards did Altimmune (ALT) grant to its CFO?
The CFO received stock options for 166,800 shares and 57,900 RSUs.
What is the exercise price and expiration for the CFO’s stock options at ALT?
The options have a $3.87 exercise price and expire on October 1, 2035.
How do the CFO’s stock options vest at Altimmune (ALT)?
They vest over four years: 25% on October 1, 2026, then in equal monthly installments for 36 months.
What is the vesting schedule for the CFO’s RSUs at ALT?
RSUs vest over four years: 25% on October 1, 2026, then equal annual installments for three years.
When was the transaction date for the reported ALT awards?
The transaction date was October 1, 2025.
How are the reported ALT awards held?
They are reported as held directly by the CFO.