Form 4: Altair International Corp. Director Acquires 160,000 Shares
SEC Form 4 Filing
Leonard Lovallo, President and Director of Altair International Corp., purchased 160,000 shares of common stock at $0.025 per share on May 16, 2024.
Summary
- On May 16, 2024, Leonard Lovallo, President and Director of Altair International Corp., acquired 160,000 shares of common stock.
- The purchase price was $0.025 per share.
- Following the transaction, Lovallo directly owns 3,665,200 shares of Altair International Corp.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. Insider buying can be a positive signal, but the amount is not significantly large relative to the total outstanding shares.
Positives
- A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their trading activities. This particular filing indicates a direct purchase of shares by a key executive.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 05/16/2024 | Date of transaction: Leonard Lovallo acquired 160,000 shares of common stock. |
Keywords
Form 4, Insider Trading, Stock Acquisition, Leonard Lovallo, Altair International Corp., ATAO, Director, President
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.