Altimmune (NASDAQ: ALT) CBO vests 14,600 RSUs, surrenders shares for tax
Rhea-AI Filing Summary
Altimmune, Inc. Chief Business Officer Raymond M. Jordt reported an RSU vesting and related tax withholding transaction. On January 25, 2026, 14,600 Restricted Stock Units were converted into an equal number of Altimmune common shares at an exercise price of $0.
On the same date, 3,855 common shares were surrendered to Altimmune at $5.5 per share to cover taxes due on the RSU vesting. After these transactions, Jordt directly held 53,915 shares of common stock and 29,200 RSUs. The RSUs vest in substantially equal annual installments over four years following January 25, 2024, contingent on continued service.
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FAQ
What insider activity did Altimmune (ALT) report for Raymond M. Jordt?
Altimmune reported that Chief Business Officer Raymond M. Jordt had 14,600 Restricted Stock Units convert into the same number of common shares on January 25, 2026, followed by a tax withholding share surrender.
How many Altimmune RSUs vested for the Chief Business Officer on January 25, 2026?
On January 25, 2026, 14,600 RSUs held by the Chief Business Officer vested and were settled into 14,600 shares of Altimmune common stock at an exercise price of $0.
How many Altimmune shares were surrendered to cover taxes on the RSU vesting?
The filing states that 3,855 shares of Altimmune common stock were surrendered to the issuer at $5.5 per share solely to satisfy tax obligations related to the RSU vesting.
What are Raymond M. Jordt’s Altimmune share and RSU holdings after this Form 4 transaction?
Following the reported transactions, the Chief Business Officer directly held 53,915 shares of Altimmune common stock and 29,200 Restricted Stock Units, as disclosed.
How do the Altimmune RSUs for the Chief Business Officer vest over time?
The RSUs vest in substantially equal annual installments over four years following January 25, 2024, subject to the reporting person’s continued service, and they have no expiration date.
Were the Altimmune shares sold on the open market in this Form 4?
No. The filing explains that the 3,855 shares were surrendered to the issuer solely to cover taxes associated with the vesting of RSUs, rather than sold in an open-market transaction.