George J. Christ - 26 Mar 2025 Form 4 Insider Report for Altair Engineering Inc. (ALTR)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
26 Mar 2025, 16:29:19 UTC
Prior SEC filing
25 Oct 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Raoul Maitra, attorney-in-fact for George J. Christ

Key filing fact

George J. Christ filed Form 4 for Altair Engineering Inc. (ALTR) on 26 Mar 2025.

Key facts

  • This page summarizes George J. Christ's Form 4 filing for Altair Engineering Inc. (ALTR).
  • 5 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 26 Mar 2025, 16:29.

Change

  • Previous filing in this sequence was filed on 25 Oct 2024.
  • Current net transaction value: -$1,039,682,716.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ALTR transaction

Class A Common Stock

Disposed to Issuer

Transaction value
$21,184,675
Shares
-187,475
Change %
-100%
Price
$113.00
Shares after
0
Date
26 Mar 2025
Ownership
By The Dana Christ Irrevocable Trust Dated May 8, 2015
Footnotes
F1, F2, F3
ALTR transaction

Class A Common Stock

Disposed to Issuer

Transaction value
$21,184,675
Shares
-187,475
Change %
-100%
Price
$113.00
Shares after
0
Date
26 Mar 2025
Ownership
By The Lauren Christ Irrevocable Trust Dated May 8, 2015
Footnotes
F1, F2, F3
ALTR transaction

Class A Common Stock

Disposed to Issuer

Transaction value
$33,900,000
Shares
-300,000
Change %
-100%
Price
$113.00
Shares after
0
Date
26 Mar 2025
Ownership
By GC Investments
Footnotes
F1, F2, F4

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

ALTR transaction Derivative

Class B Common Stock

Disposed to Issuer

Transaction value
$456,972,452
Shares
-4,044,004
Change %
-100%
Price
$113.00
Shares after
0
Date
26 Mar 2025
Ownership
By GC Investments
Underlying class
Class A Common Stock
Underlying amount
4,044,004
Exercise price
$0.000000
Footnotes
F1, F4, F5, F6
ALTR transaction Derivative

Class B Common Stock

Disposed to Issuer

Transaction value
$506,440,914
Shares
-4,481,778
Change %
-100%
Price
$113.00
Shares after
0
Date
26 Mar 2025
Ownership
By Christ Revocable Trust
Underlying class
Class A Common Stock
Underlying amount
4,481,778
Exercise price
$0.000000
Footnotes
F1, F5, F6, F7
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

George J. Christ is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 7 footnotes

Footnote F1

On March 26, 2025, the Company was acquired by Siemens Industry Software Inc. ("Siemens") pursuant to the merger agreement entered into among the Company, Siemens, and Astra Merger Sub Inc., dated as of October 30, 2024.

Footnote F2

Upon the consummation of the merger, each issued and outstanding share of the Company's Class A Common Stock was canceled and converted into the right receive $113.00 in cash without interest.

Footnote F3

Reporting person serves as co-Trustee. Reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.

Footnote F4

Reporting person serves as Manager. Reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.

Footnote F5

Upon the consummation of the merger, each issued and outstanding share of the Company's Class B Common Stock was canceled and converted into the right receive $113.00 in cash without interest.

Footnote F6

Each share of the Company's Class B Common Stock was immediately convertible, at the option of the shareholder, into one share of Class A Common Stock and automatically convertible into Class A Common Stock upon the occurrence of certain events.

Footnote F7

Reporting person serves as Trustee. Reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.

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