SEC FILLINGS DISCLOSED/ Sep 30, $Altair Engineering (ALTR.US)$ Director James Ralph Scapa intends to sell 39,000 shares of its common stock on Sep 30, with a total market value of approximately $3.7 million.
James Ralph Scapa has reduced shareholding in $Altair Engineering (ALTR.US)$ by 26,000 shares since Jul 29, 2024, with a total value of approximately $2.3 million.
What is Form 144?
Form 144: Notice of Proposed Sale of Securities is a document issued by the Securities and Exchange Commission (SEC). Individuals such as executive officers and affiliates of a US-listed company must submit this form to the SEC when they intend to sell more than 5,000 shares or units of that company's stock, or if the sale price adds up to more than $50,000 in any three-month period. This regulation is known as Rule 144, under the Securities Act of 1933.
