Altimmune (NASDAQ: ALT) CFO buys 5,000 shares in open market
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Altimmune, Inc. Chief Financial Officer Gregory L. Weaver bought 5,000 shares of the company’s common stock in an open-market purchase at a price of $3.54 per share. After this transaction, he directly owns 28,078 common shares of Altimmune.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 5,000 shares ($17,700)
Net Buy
1 txn
Insider
WEAVER GREGORY L
Role
Chief Financial Officer
Bought
5,000 shs ($18K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, par value $0.0001 | 5,000 | $3.54 | $18K |
Holdings After Transaction:
Common Stock, par value $0.0001 — 28,078 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did Altimmune (ALT) report for its CFO?
Altimmune reported that CFO Gregory L. Weaver bought 5,000 common shares in an open-market purchase. The transaction used code “P,” indicating a purchase, and reflects direct ownership, showing increased personal exposure to Altimmune’s equity.
Was the Altimmune CFO’s Form 4 transaction a buy or a sell of ALT stock?
The transaction was a purchase of Altimmune stock. It is coded “P” for a buy and described as an open-market purchase, meaning the CFO increased his direct holdings rather than disposing of existing shares.
What does “open-market purchase” mean in Altimmune’s Form 4 for the CFO?
An open-market purchase means the CFO bought shares on the public market at prevailing prices. In this case, he acquired 5,000 Altimmune common shares at $3.54, reflecting a voluntary increase in his direct investment in the company.