Form 4: Alector Director Acquires Shares

Alector, Inc. Director Mark Altmeyer acquired 28,700 shares of common stock through restricted stock units and was granted options for 9,450 shares.

Summary

• Mark Altmeyer, a Director at Alector, Inc., acquired 28,700 shares of common stock on June 17, 2026.
• These shares were acquired through restricted stock units (RSUs) that vest on June 17, 2027, or the next annual meeting.
• Additionally, Altmeyer was granted stock options for 9,450 shares, which vest in monthly installments starting July 17, 2026, or earlier upon the one-year anniversary of the grant or the next annual meeting.
• Following these transactions, Altmeyer beneficially owns 98,650 shares of common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it reports routine insider transactions rather than significant financial or strategic developments.

Positives

• Director Mark Altmeyer has increased his beneficial ownership of Alector, Inc. stock.
• The acquisition of RSUs and stock options indicates continued alignment of management and director interests with shareholders.

Future Outlook

The filing does not contain forward-looking statements or guidance regarding future financial performance. It solely reports on a change in beneficial ownership.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions, providing transparency into the holdings and activities of company directors and officers. This type of filing is common across the biotechnology and pharmaceutical sectors where executive compensation often includes equity-based awards.

Stakeholder Impact

• Shareholders: Increased transparency into director's holdings, potentially signaling confidence in the company's future.

Key Dates

Keywords

Form 4, SEC Filing, Insider Transaction, Alector Inc., ALEC, Stock Options, Restricted Stock Units, Beneficial Ownership, Director