[Form 4] AlTi Global, Inc. Insider Trading Activity

Rhea-AI Filing Summary

On 24 June 2025, TTM Technologies Inc. (TTMI) filed a Form 4 disclosing that Robert P. Farrell, President of the company’s C&C business, received 8,447 restricted stock units (RSUs) of common stock at a transaction price of $0.00 per share. The grant increases his direct beneficial ownership to 26,815 shares. According to the filing notes, the RSUs vest in equal one-third installments on the first, second, and third anniversaries of the grant date, with underlying shares delivered within 30 days of each vesting anniversary.

No shares were sold, and the transaction was executed outside the open market as part of the company’s equity compensation program. The filing does not reference any 10b5-1 trading plan. Given TTMI’s approximately 103 million shares outstanding, the grant represents a negligible 0.008 % of total shares and is not financially material to the company, but it modestly strengthens executive-shareholder alignment.

Insights

Financial Analyst

TL;DR: Small RSU grant; immaterial to valuation; marginally positive for incentive alignment.

The award adds fewer than 10 k shares to executive ownership and does not alter TTMI’s capital structure or liquidity. At today’s ~$14 share price, the grant’s face value is roughly $120 k—insignificant versus the company’s $1.4 bn market cap. Investors should view this as routine compensation rather than a signal of insider conviction.

Corporate Governance Expert

TL;DR: Standard three-year vesting RSU grant supports retention; governance impact neutral.

The staggered vesting schedule encourages management continuity and aligns interests over a multi-year horizon, consistent with common governance practice. No accelerated vesting or unusual terms are noted. Because the grant size is typical and no sales occurred, the filing carries neutral governance implications.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

ALLIANZ SE

(Last) (First) (Middle)

C/O MICHAEL SIEBURG

KOENIGINSTRASSE 28

(Street)

MUNICH 2M 80802

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
AlTi Global, Inc. [ ALTI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
06/30/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	06/30/2025		J(1)		1,523,289	A	(1)	20,841,869.96	I	By Allianz Strategic Investments S.a.r.l.(1)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Series A Preferred Stock	$8.7	06/30/2025		J(4)		6,443.13		(2)	(2)	Class A Common Stock	(3)	(1)	164,914.13(4)	I	By Allianz Strategic Investments S.a.r.l.(4)
Warrant to Purchase Class A Common Stock	$7.4							(5)	07/31/2029	Class A Common Stock	5,000,000		1(5)	I	By Allianz Strategic Investments S.a.r.l.(6)

Explanation of Responses:

1. Allianz Strategic Investments S.a.r.l. ("ASI") acquired 19,318,580.96 shares of Class A Common Stock, par value $0.0001 per share ("Class A Common Stock") of AlTi Global, Inc., a Delaware corporation (the "Issuer") in a private placement on July 31, 2024, and on June 30, 2025, ASI received 1,523,289 shares of Class A Common Stock as a payment-kind dividend with respect to shares of Series A Cumulative Convertible Preferred Stock (the "Series A Preferred Stock") of the Issuer held by ASI. Holders of the Series A Preferred Stock are entitled to a cumulative dividend at the rate of 9.75% per annum, payable semi-annually in arrears. ASI is wholly owned by Allianz Finance II Luxembourg S.a.r.l., which in turn is wholly owned by the reporting person. The shares of Class A Common Stock are held directly by ASI. The reporting person is the ultimate parent company of ASI and has sole voting and dispositive power with respect to the shares held by ASI.

2. The shares of the Series A Preferred Stock of the Issuer are convertible into shares of Class A Common Stock (i) by the reporting person at any time after July 31, 2026 and (ii) by the Issuer at any time after July 31, 2027, subject to certain conditions; provided, that the Series A Preferred Stock is subject to a beneficial ownership cap that prohibits the conversion of the Series A Preferred Stock into shares of Class A Common Stock to the extent such conversion would cause ASI's beneficial ownership, together with its affiliates, to exceed 24.9% (the "Ownership Cap"); provided, further, that in the event such a conversion would cause ASI's beneficial ownership, together with its affiliates, to exceed the Ownership Cap, the Issuer shall issue to ASI shares of the Issuer's Class C Non-Voting Common Stock, in lieu of shares of Class A Common Stock. The Series A Preferred Stock has no stated maturity and therefore has no expiration date.

3. The Series A Preferred Stock has a stated value of $1,000 per share and is convertible into shares of Class A Common Stock at a conversion price of $8.70, subject to customary adjustments.

4. ASI acquired 140,000 and 18,471 shares of the Series A Preferred Stock in private placements on July 31, 2024 and May 13, 2024, respectively and on June 30, 2025, ASI received 6,443.13 shares of the Series A Preferred Stock as a payment-in-kind dividend with respect to shares of Series A Preferred Stock held by ASI. Holders of the Series A Preferred Stock are entitled to a cumulative dividend at the rate of 9.75% per annum, payable semi-annually in arrears. The shares of Series A Preferred Stock are held directly by ASI.

5. Subject to the Ownership Cap, the Warrant to purchase Class A Common Stock (the "Warrant") is immediately exercisable for up to 5,000,000 shares of Class A Common Stock at a conversion price of $7.40, subject to customary adjustments.

6. The Warrant was acquired in a private placement on July 31, 2024 and is held directly by ASI.

	/s/ Michael Sieburg, Authorized Signatory	07/03/2025
	/s/ Petra Maerkl, Authorized Signatory	07/03/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

How many TTMI shares did Robert P. Farrell acquire on 24 June 2025?

He received 8,447 restricted stock units, each convertible into one share of common stock.

What is Robert P. Farrell’s total direct TTMI ownership after the transaction?

Following the grant, he beneficially owns 26,815 shares of TTMI common stock.

Did the Form 4 involve any open-market purchases or sales?

No. The transaction was an equity award; no shares were bought or sold on the open market.

When will the newly granted RSUs to Farrell vest?

The RSUs vest in three equal annual tranches on the first, second, and third anniversaries of 24 June 2025.

Is this insider transaction considered material to TTMI shareholders?

Given it equals roughly 0.008 % of outstanding shares, the grant is not material to TTMI’s financials.