Alta Equipment (ALTG) director receives 14,903 time-based RSUs in 2026 grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Nair Sidhartha reported acquisition or exercise transactions in this Form 4 filing.
ALTA EQUIPMENT GROUP INC. director Sidhartha Nair received an equity grant of 14,903 shares of Common Stock on May 29, 2026. The shares were granted as time-based restricted stock units for the annual director grant, at a grant price of $0.00 per share.
Each restricted stock unit represents the right to receive one share of Common Stock. The units vest in equal monthly installments of 1/12 and are scheduled to be fully vested on the date of the next Annual Meeting of Stockholders, subject to any deferral election. Following this award, Nair directly holds 52,709 shares of Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Nair Sidhartha
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 14,903 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 52,709 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs granted: 14,903 shares
Grant price: $0.00 per share
Shares after transaction: 52,709 shares
+1 more
4 metrics
RSUs granted
14,903 shares
Annual director grant on May 29, 2026
Grant price
$0.00 per share
Restricted stock unit award
Shares after transaction
52,709 shares
Direct holdings following RSU grant
Vesting schedule
1/12 per month
Time-based RSUs vest monthly until next Annual Meeting
Key Terms
restricted stock units, Annual Meeting of Stockholders, time-based
3 terms
restricted stock units financial
"The reporting person was granted such time-based restricted stock units ("RSUs") for the annual director grant"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Annual Meeting of Stockholders financial
"for the annual director grant on the date of the 2026 Annual Meeting of Stockholders on May 29, 2026"
time-based financial
"The reporting person was granted such time-based restricted stock units ("RSUs") for the annual director grant"
FAQ
What insider transaction did ALTA EQUIPMENT (ALTG) disclose for Sidhartha Nair?
ALTA EQUIPMENT reported that director Sidhartha Nair received 14,903 restricted stock units as an annual director equity grant. Each unit represents one share of Common Stock and was granted at $0.00 per share, increasing his direct holdings to 52,709 shares after the award.
How do the 2026 restricted stock units for ALTG’s director vest?
The 14,903 restricted stock units awarded to ALTG director Sidhartha Nair vest 1/12 each month and fully vest on the date of the next Annual Meeting of Stockholders. Vesting is time-based and can be deferred until his termination of service as a director if he elects.
What does each ALTG restricted stock unit granted to Sidhartha Nair represent?
Each restricted stock unit granted to Sidhartha Nair represents the right to receive one share of ALTA EQUIPMENT Common Stock. The award is part of the 2026 annual director grant and is subject to a time-based vesting schedule with potential deferral until service termination.