Director Daniel Shribman granted 14,903 RSUs at Alta Equipment (ALTG)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Shribman Daniel reported acquisition or exercise transactions in this Form 4 filing.
ALTA EQUIPMENT GROUP INC. director Daniel Shribman reported an equity award of 14,903 shares of Common Stock in the form of time-based restricted stock units for his 2026 annual director grant. Each RSU represents one share and vests monthly in 12 installments, fully vesting at the next annual stockholders meeting, subject to any deferral election.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Shribman Daniel
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 14,903 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 361,796 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 14,903 shares
Price per RSU: $0.0000 per share
Post-transaction holdings: 361,796 shares
+1 more
4 metrics
RSU grant size
14,903 shares
Time-based restricted stock units granted May 29, 2026
Price per RSU
$0.0000 per share
Compensation grant, not open-market purchase
Post-transaction holdings
361,796 shares
Common Stock held directly after RSU award
Vesting schedule
1/12 monthly
RSUs fully vest at next Annual Meeting of Stockholders
Key Terms
restricted stock units, Annual Meeting of Stockholders, vest
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"
vest financial
"the RSUs vest 1/12th each month and fully vest on the date of the Annual Meeting of Stockholders the following year"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What insider transaction did ALTG director Daniel Shribman report on this Form 4?
Daniel Shribman reported receiving an equity award of 14,903 time-based restricted stock units, each representing one share of ALTA EQUIPMENT GROUP INC. Common Stock. This is a compensation-related grant, not an open-market purchase or sale of shares.
What is the vesting schedule for Daniel Shribman’s 14,903 ALTG restricted stock units?
The 14,903 restricted stock units vest in 12 equal monthly installments, with 1/12th vesting each month. They fully vest on the date of the next Annual Meeting of Stockholders, subject to any election to defer receipt until service as director ends.