Altimmune (ALT) grants CFO 259,000 options and 111,000 RSUs
Rhea-AI Filing Summary
WEAVER GREGORY L reported acquisition or exercise transactions in this Form 4 filing.
Altimmune, Inc. reported that its Chief Financial Officer, Gregory L. Weaver, was granted stock-based awards on February 26, 2026. He received stock options covering 259,000 shares of common stock and 111,000 Restricted Stock Units (RSUs), both held as direct ownership.
The option grant vests over four years, with 25% of the shares vesting on February 26, 2027 and the remaining shares vesting in equal monthly installments over the following 36 months, subject to his continued service. Each RSU represents a contingent right to receive one share of common stock and vests over four years, with 25% of the RSUs vesting on February 26, 2027 and the remainder in equal annual installments over the next three years, also subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options (option to buy) | 259,000 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 111,000 | $0.00 | -- |
Footnotes (1)
- The shares underlying the option become vested and exercisable over four (4) years with 25% of the shares vesting on February 26, 2027, 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 February 26, 2027, 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.