Alta Equipment director granted 14,903 RSUs
Nair Sidhartha reported acquisition or exercise transactions in this Form 4 filing.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 14,903 | $0.00 | $0.00 |
Footnotes (1)
- F1. The reporting person was granted such time-based restricted stock units ("RSUs") for the annual director grant on the date of the 2026 Annual Meeting of Stockholders on May 29, 2026. Each RSU represents the right to receive one share of Common Stock. Subject to the reporting person's election to defer the receipt of the RSUs to the reporting person's termination of service as a director, the RSUs vest 1/12th each month and fully vest on the date of the Annual Meeting of Stockholders the following year.
Key Figures
Key Terms
restricted stock units financial
Annual Meeting of Stockholders financial
time-based financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did ALTA EQUIPMENT (ALTG) disclose for Sidhartha Nair?
How do the 2026 restricted stock units for ALTG’s director vest?
What does each ALTG restricted stock unit granted to Sidhartha Nair represent?
AI-generated analysis. How Rhea-AI works. Not financial advice.