[Form 4] AlTi Global, Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AlTi Global, Inc. insider Allianz SE, through its subsidiary Allianz Strategic Investments S.a.r.l. (ASI), reported additional non-cash changes in its indirect stake. ASI received 1,272,328.52 shares of Class A Common Stock on July 2, 2026 as payment-in-kind dividends on its Series A preferred position, bringing its indirect Class A holdings to 22,979,542.48 shares.
ASI also received 4,117.76 shares of Series A Preferred Stock as payment-in-kind dividends, increasing its Series A balance to 173,051.67 shares9.75% annual cumulative dividend and is convertible into Class A Common Stock at $8.70 per share, subject to a 24.9% ownership cap, with any excess issued as Class C Non-Voting Common Stock. ASI additionally holds a warrant immediately exercisable for up to 5,000,000 Class A shares at $7.40 per share, expiring on July 31, 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
ALLIANZ SE
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Series A Preferred Stock | 4,117.76 | $0.00 | -- |
| Other | Class A Common Stock | 1,272,328.52 | $0.00 | -- |
| holding | Warrant to Purchase Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Series A Preferred Stock — 173,051.67 shares (Indirect, By Allianz Strategic Investments S.a.r.l.);
Class A Common Stock — 22,979,542.48 shares (Indirect, By Allianz Strategic Investments S.a.r.l.);
Warrant to Purchase Class A Common Stock — 5,000,000 shares (Indirect, By Allianz Strategic Investments S.a.r.l.)
Footnotes (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. ASI received shares of Class A Common Stock as payment-in-kind dividends with respect to shares of Series A Cumulative Convertible Preferred Stock (the "Series A Preferred Stock") of the Issuer held by ASI as follows: 1,523,289 shares on June 30, 2025, 865,344 shares on January 5, 2026 and 1,272,328.52 shares on July 2, 2026. 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. (Continued from footnote 1) 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. 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 if 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. 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. ASI acquired 140,000 and 18,471 shares of the Series A Preferred Stock in private placements on July 31, 2024 and May 13, 2025, respectively, and ASI received shares of the Series A Preferred Stock as payment-in-kind dividends with respect to shares of Series A Preferred Stock held by ASI as follows: 6,443.13 shares on June 30, 2025, 4,019.78 shares on January 5, 2026 and 4,117.76 shares on July 2, 2026. 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. 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 an exercise price of $7.40, subject to customary adjustments. The Warrant was acquired in a private placement on July 31, 2024 and is held directly by ASI.
Key Figures
Class A PIK dividend shares: 1,272,328.52 shares
Class A shares after transactions: 22,979,542.48 shares
Series A PIK dividend shares: 4,117.76 shares
+5 more
8 metrics
Class A PIK dividend shares
1,272,328.52 shares
Class A Common Stock received as payment-in-kind on July 2, 2026
Class A shares after transactions
22,979,542.48 shares
Indirect Class A Common Stock holdings following July 2, 2026 changes
Series A PIK dividend shares
4,117.76 shares
Series A Preferred Stock received as payment-in-kind on July 2, 2026
Series A Preferred after transactions
173,051.67 shares
Total Series A Preferred Stock held indirectly after July 2, 2026
Series A dividend rate
9.75% per annum
Cumulative dividend rate on Series A Preferred Stock
Series A conversion price
$8.70 per share
Conversion price from Series A Preferred to Class A Common Stock
Warrant underlying shares
5,000,000 shares
Class A Common Stock underlying warrant held indirectly
Warrant exercise price
$7.40 per share
Exercise price of warrant to purchase Class A Common Stock
Key Terms
payment-in-kind dividends, Series A Cumulative Convertible Preferred Stock, Ownership Cap, Class C Non-Voting Common Stock, +2 more
6 terms
payment-in-kind dividends financial
"ASI received shares of Class A Common Stock as payment-in-kind dividends with respect to shares of Series A..."
Series A Cumulative Convertible Preferred Stock financial
"shares of Series A Cumulative Convertible Preferred Stock (the "Series A Preferred Stock") of the Issuer held by ASI..."
A Series A cumulative convertible preferred stock is a special class of company shares that pays dividends that accumulate if not paid and can be converted into common shares at set terms. Think of it as a VIP ticket that guarantees backpay for missed perks and also gives the holder the option to swap into regular tickets later. For investors it matters because it offers higher priority for dividend and liquidation payments while also creating potential dilution of common shareholders if converted.
Ownership Cap financial
"subject to a beneficial ownership cap that prohibits the conversion...to exceed 24.9% (the "Ownership Cap");"
Class C Non-Voting Common Stock financial
"the Issuer shall issue to ASI shares of the Issuer's Class C Non-Voting Common Stock, in lieu of shares of Class A..."
cumulative dividend financial
"Holders of the Series A Preferred Stock are entitled to a cumulative dividend at the rate of 9.75% per annum..."
A cumulative dividend is a feature on certain dividend-paying securities—most often preferred shares—where any missed or unpaid dividend payments build up like an IOU and must be paid to those shareholders before common shareholders receive dividends. For investors this matters because it makes expected income more reliable and gives holders priority on future payouts, which affects yield, perceived safety, and the security’s value compared with noncumulative alternatives.
Warrant to purchase Class A Common Stock financial
"the Warrant to purchase Class A Common Stock (the "Warrant") is immediately exercisable for up to 5,000,000 shares..."
