Altimmune (NASDAQ: ALT) CEO buys 20,000 shares in open market
Filing Impact
Filing Sentiment
Form Type
4
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 ($70,790)
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)
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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.