Alta Equipment (ALTG) CFO awarded 11,654 performance stock units
Rhea-AI Filing Summary
Colucci Anthony reported acquisition or exercise transactions in this Form 4 filing.
Alta Equipment Group Inc. Chief Financial Officer Anthony Colucci received a grant of 11,654 performance stock units (PSUs) tied to common stock. Each PSU represents the right to receive one share, earned on February 27, 2026. The PSUs will vest annually over two years starting on February 14, 2027, conditioned on his continued employment. Following this award, Colucci directly holds 241,809 shares of common stock. This is a compensation-related equity grant rather than an open-market share purchase or sale.
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Insights
CFO received time-vested performance stock units as equity compensation.
Anthony Colucci, CFO of Alta Equipment Group Inc., was granted 11,654 performance stock units, each convertible into one common share. The award stems from performance earned on February 27, 2026 under the company’s 2020 Omnibus Incentive Plan.
The PSUs vest in equal annual installments over two years starting February 14, 2027, subject to his continued employment. This structure encourages retention and aligns a portion of his compensation with future company performance and share value, without involving any open-market buying or selling.
After this grant, Colucci directly holds 241,809 common shares. There are no derivative holdings listed in this filing, so the visible equity exposure consists of common stock plus the unvested PSUs that will settle over the stated vesting schedule.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 11,654 | $0.00 | -- |
Footnotes (1)
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FAQ
What insider transaction did ALTA EQUIPMENT GROUP INC. (ALTG) report for CFO Anthony Colucci?
Are the ALTG CFO’s 11,654 performance stock units an open-market stock purchase?
How and when will Anthony Colucci’s ALTG performance stock units vest?
What does each performance stock unit granted by ALTG to the CFO represent?
What plan governs the ALTG CFO’s performance stock unit award?