Altimmune medical chief receives 37,500 vested shares
Each restricted stock unit represents a contingent right to receive one common share when vested.
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Rhea-AI Filing Summary
Altimmune, Inc. Chief Medical Officer Christophe Arbet-Engels had 37,500 restricted stock units vest on October 1, 2026, acquiring 37,500 common shares. He surrendered 12,679 common shares to the issuer solely to cover taxes associated with vesting, at a reported $2.76 per share. The reported position following the RSU transaction was 112,500 RSUs.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F3 | 37,500 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.0001 F1 | 37,500 | $0.00 | $0.00 |
| Tax Withholding | Common Stock, par value $0.0001 F2 | 12,679 | $2.76 | $35K |
Footnotes (3)
- F1. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Common Stock, par value $0.0001, when vested.
- F2. Vesting transaction: Shares surrendered to the Issuer solely to cover taxes associated with vesting of RSUs.
- F3. The RSUs become vested over four (4) years with 25% of the shares vesting on 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.
Key Figures
Key Terms
Restricted Stock Units financial
Vesting transaction financial
contingent right financial
FAQ
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What are the vesting terms for Christophe Arbet-Engels’s Altimmune RSUs?
AI-generated analysis. How Rhea-AI works. Not financial advice.