Form 4: Allakos Inc. Director Acquires 41,000 Stock Options
SEC Form 4 Filing
Director Neil Murray Hamilton Graham acquired 41,000 stock options in Allakos Inc. on May 24, 2024.
Summary
- On May 24, 2024, Neil Murray Hamilton Graham, a director of Allakos Inc., acquired 41,000 stock options.
- The exercise price of these options is $1.42.
- The options vest 100% on the earlier of (i) the one-year anniversary of the grant date or (ii) the date of the Issuer's next Annual Meeting of stockholders that occurs following the grant, subject to continued service.
- The expiration date for these options is May 24, 2034.
- Following the transaction, Graham directly owns 41,000 derivative securities.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral.
Positives
- The acquisition of stock options by a director could be seen as a positive sign, indicating confidence in the company's future performance.
Industry Context
This is a standard SEC Form 4 filing, reflecting a change in beneficial ownership of securities. It is common for directors and officers of publicly traded companies to receive stock options as part of their compensation.
Stakeholder Impact
- The acquisition of stock options by a director may have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 05/24/2024 | Date of the transaction: acquisition of 41,000 stock options. |
| 05/24/2034 | Expiration date of the stock options. |
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