Director at Alta Equipment (ALTG) receives 14,903-share RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ALTA EQUIPMENT GROUP INC. director Andrew P. Studdert received an equity grant tied to his board service. On May 29, 2026, he was granted 14,903 time-based restricted stock units (RSUs), with each RSU representing one share of Common Stock and no cash exercise price.
The RSUs were granted as the annual director grant on the date of the 2026 Annual Meeting of Stockholders and vest in equal monthly installments, 1/12th each month, fully vesting at the next Annual Meeting of Stockholders. Following this award, Studdert directly holds 131,716 shares of the company’s Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
STUDDERT ANDREW P
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 14,903 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 131,716 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 14,903 shares
Transaction price per share: $0.0000
Shares held after grant: 131,716 shares
3 metrics
RSU grant size
14,903 shares
Time-based RSUs granted May 29, 2026
Transaction price per share
$0.0000
Equity compensation grant, no cash price
Shares held after grant
131,716 shares
Common Stock directly owned following transaction
Key Terms
restricted stock units, RSUs, Annual Meeting of Stockholders
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.
RSUs financial
"Each RSU represents the right to receive one share of Common Stock."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
Annual Meeting of Stockholders financial
"for the annual director grant on the date of the 2026 Annual Meeting of Stockholders on May 29, 2026."
FAQ
What insider transaction did ALTG report for Andrew P. Studdert?
ALTA EQUIPMENT GROUP INC. reported that director Andrew P. Studdert received a grant of 14,903 time-based restricted stock units. Each RSU represents one share of Common Stock, issued as part of his annual director equity compensation.
What are the vesting terms of Andrew P. Studdert’s 14,903 ALTG RSUs?
The 14,903 time-based RSUs granted to Andrew P. Studdert vest 1/12th each month. They fully vest on the date of the Annual Meeting of Stockholders in the year following the 2026 meeting where the grant was made.
When were the 14,903 ALTG restricted stock units granted to Andrew P. Studdert?
The 14,903 restricted stock units were granted on May 29, 2026, the date of ALTA EQUIPMENT GROUP INC.’s 2026 Annual Meeting of Stockholders, as that year’s annual director equity grant.
Did Andrew P. Studdert pay a purchase price for the 14,903 ALTG RSUs?
No cash purchase price is shown for the 14,903 restricted stock units granted to Andrew P. Studdert. The Form 4 reports a transaction price per share of 0.0000, consistent with a compensation-related stock award.