Altimmune (NASDAQ: ALT) CEO buys 20,000 shares in open market
Rhea-AI Filing Summary
Altimmune, Inc. director, President and CEO Jerome Benedict Durso reported an open-market purchase of 20,000 shares of common stock. The shares were bought at a weighted average price of $3.5395 per share in multiple trades between $3.53 and $3.55.
Following this transaction, Durso now directly owns 32,500 shares of Altimmune common stock. The purchase reflects an increase in his direct equity stake through open-market buying.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 20,000 shares
Net Buy
1 txn
Insider
Durso Jerome Benedict
Role
President and CEO
Bought
20,000 shs ($71K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, par value $0.0001 | 20,000 | $3.5395 | $71K |
Holdings After Transaction:
Common Stock, par value $0.0001 — 32,500 shares (Direct)
Footnotes (1)
- F1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.5300 to $3.5500, inclusive. The reporting person undertakes to provide to Altimmune, Inc., any security holder of Altimmune, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.
FAQ
What insider transaction did Altimmune (ALT) report for Jerome Durso?
Altimmune reported that CEO and director Jerome Benedict Durso bought 20,000 shares of common stock in an open-market purchase. The transaction was reported on a Form 4 insider filing and involved non-derivative common stock with a par value of $0.0001 per share.
Was the Altimmune (ALT) CEO’s Form 4 trade a buy or a sell?
The Form 4 shows that Altimmune CEO Jerome Durso executed a buy transaction. It is coded as “P” for purchase and described as an open-market purchase, with no shares reported as sold or otherwise disposed of in this filing.
What does the Form 4 footnote say about the Altimmune CEO’s purchase price range?
The footnote explains that the reported $3.5395 price is a weighted average. The 20,000 shares were purchased in multiple transactions at prices ranging from $3.53 to $3.55, and full trade-by-trade details are available upon request to Altimmune or regulators.
AI-generated analysis. How Rhea-AI works. Not financial advice.