Form 4: Acelyrin Director Daniel J. Becker Sells One Share to AI Acel LLC

Director Daniel J. Becker sold one share of Acelyrin, Inc. to AI Acel LLC, an affiliate of Access Industries, Inc., in an off-market transaction to comply with Hart-Scott-Rodino Act requirements.

Summary

• On July 17, 2024, Daniel J. Becker, a director of Acelyrin, Inc., sold one share of common stock.
• The share was sold to AI Acel LLC, an affiliate of Access Industries, Inc.
• The transaction was an off-market sale at a price of $6.86 per share, matching the market closing price on that day.
• This sale was related to AI's July 2023 filing for clearance under the Hart-Scott-Rodino Act, which necessitates AI to purchase additional shares before reaching the second filing threshold.
• Following the transaction, Becker directly owns 2,999 shares of Acelyrin, Inc.

Sentiment

Score: 5

Explanation: The document describes a routine transaction related to regulatory compliance, with no inherent positive or negative implications for the company's overall prospects.

Industry Context

This transaction appears to be related to regulatory compliance (Hart-Scott-Rodino Act) rather than a strategic decision based on the company's performance or outlook. It reflects the investment activity of Access Industries, a major shareholder, and its affiliates.

Related Party Transactions

• The sale of one share from Daniel J. Becker to AI Acel LLC, an affiliate of Access Industries, Inc., constitutes a related party transaction.

Stakeholder Impact

• The impact on stakeholders is minimal, as the transaction involves a single share and is related to regulatory compliance.

Key Dates