Form 4: Alector CFO Sells Shares for Tax Obligations

Alector CFO Neil Lindsay Berkley sold 19,360 shares of common stock to cover tax liabilities related to RSU vesting.

Summary

• CFO and Chief Business Officer Neil Lindsay Berkley sold 19,360 shares of Alector, Inc. (ALEC) common stock.
• The transaction occurred on June 2, 2026.
• The shares were sold at a weighted average price of $1.9742 per share.
• The sale was executed to satisfy tax withholding obligations associated with the vesting of restricted stock units (RSUs).
• Following the transaction, the reporting person retains beneficial ownership of 379,900 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as the sale was purely for tax compliance purposes rather than a discretionary divestment.

Positives

• The sale was non-discretionary, specifically executed to cover tax obligations upon the vesting of equity awards.

Negatives

• The sale represents a reduction in the executive's direct equity stake in the company.

Risks

• The stock price volatility is highlighted by the range of sale prices between $1.92 and $2.08.

Future Outlook

No forward-looking guidance or strategic outlook was provided in this filing.

Industry Context

StockSavvy.ai notes that routine insider selling to cover tax obligations upon RSU vesting is a standard corporate practice and typically does not signal a change in management's outlook on the company's long-term prospects.

Comparison to Industry Standards

• The transaction is consistent with standard executive compensation and tax compliance practices observed in the biotechnology sector.

Stakeholder Impact

• Minimal impact on shareholders as the sale was a pre-planned tax obligation settlement.

Key Dates

Keywords

Alector, ALEC, Insider Trading, Form 4, CFO, Equity Vesting