Altimmune (ALT) director Vipin Garg logs RSU vesting and tax share surrender
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Altimmune, Inc. director Vipin K. Garg reported RSU vesting and related share movements. On January 27, 2026, 41,200 Restricted Stock Units converted into the same number of Altimmune common shares at a stated price of $0 per share.
To cover taxes on the RSU vesting, 17,898 common shares were surrendered to the issuer at a price of $6.18 per share. After these transactions, Garg directly held 402,450 Altimmune common shares and 123,600 RSUs, which vest in substantially equal annual installments over four years following January 27, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
41,200 shares exercised/converted
Mixed
3 txns
Insider
Garg Vipin K
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 41,200 | $0.00 | -- |
| Exercise | Common Stock, par value $0.0001 | 41,200 | $0.00 | -- |
| Tax Withholding | Common Stock, par value $0.0001 | 17,898 | $6.18 | $111K |
Holdings After Transaction:
Restricted Stock Units — 123,600 shares (Direct);
Common Stock, par value $0.0001 — 420,348 shares (Direct)
Footnotes (1)
- Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Common Stock, par value $0.0001, when vested. Vesting transaction: Shares surrendered to the Issuer solely to cover taxes associated with vesting of RSUs. The RSUs vest in substantially equal annual installments over the 4 years following January 27, 2025, subject to the reporting person's continued service through the applicable vesting date, and have no expiration date.
FAQ
What insider transaction did Altimmune (ALT) director Vipin K. Garg report?
Altimmune (ALT) director Vipin K. Garg reported the vesting of 41,200 Restricted Stock Units into common shares on January 27, 2026. The filing also shows related share withholding to cover taxes and updated common share and RSU holdings afterward.
How many Altimmune (ALT) RSUs vested and converted to stock in this Form 4?
The Form 4 shows that 41,200 Altimmune (ALT) Restricted Stock Units vested and converted into 41,200 common shares at a stated price of $0 per share. Each RSU represents a contingent right to receive one share of common stock when vested.
What is the vesting schedule for Vipin K. Garg’s Altimmune (ALT) RSUs?
The RSUs reported in the Altimmune (ALT) filing vest in substantially equal annual installments over four years following January 27, 2025. Vesting is subject to the reporting person’s continued service through each applicable vesting date and the RSUs have no expiration date.
What do the transaction codes M and F mean in this Altimmune (ALT) Form 4?
In this Altimmune (ALT) Form 4, code M reflects the conversion of 41,200 RSUs into common shares at a stated price of $0. Code F reflects a vesting-related tax transaction where 17,898 shares were surrendered to the issuer to cover withholding taxes.