Form 4: Allakos Inc. Director Amy L. Ladd Acquires 41,000 Stock Options

Director Amy L. Ladd acquired 41,000 stock options in Allakos Inc. on May 24, 2024, at an exercise price of $1.42.

Summary

• On May 24, 2024, Amy L. Ladd, a director of Allakos Inc., acquired 41,000 stock options.
• The exercise price for these options is $1.42.
• The options vest 100% on the earlier of the one-year anniversary of the grant date or the date of the Issuer's next Annual Meeting of stockholders following the grant, contingent on continued service.
• The expiration date for the options is May 24, 2034.

Sentiment

Score: 5

Explanation: This is a neutral event, reflecting a standard stock option grant to a company director. It doesn't inherently indicate positive or negative sentiment.

Industry Context

This is a standard SEC Form 4 filing, indicating a change in beneficial ownership of securities by a company insider. It's a routine part of corporate governance and transparency.

Stakeholder Impact

• The acquisition of stock options by a director can align their interests with those of shareholders, potentially incentivizing them to work towards increasing the company's value.

Key Dates