Form 4: Alector CFO Marc Grasso Sells Shares to Cover Tax Obligations

Alector's Chief Financial Officer, Marc Grasso, sold shares of common stock on March 3, 2025, to satisfy tax obligations related to vesting restricted stock units.

Summary

• On March 3, 2025, Marc Grasso, the Chief Financial Officer of Alector, Inc., sold 18,091 shares of the company's common stock.
• The sale was executed to cover tax obligations arising from the vesting of restricted stock units (RSUs).
• The shares were sold at a weighted average price of $1.4674, with individual transactions ranging from $1.4673 to $1.4678.
• Following the transaction, Grasso directly owns 312,560 shares of Alector common stock.

Sentiment

Score: 5

Explanation: The document describes a routine transaction (sale of shares to cover tax obligations) and does not contain any information that would significantly impact investor sentiment positively or negatively.

Industry Context

Sales of shares to cover tax obligations after RSU vesting are a common practice among corporate executives and do not necessarily indicate a negative outlook on the company's future.

Stakeholder Impact

• The sale of shares by a company executive could have a minor impact on shareholder sentiment, but is unlikely to have a significant impact on other stakeholders.

Key Dates