Form 4: ALUMIS Chief Legal Officer Receives Stock Option Grant

ALUMIS Inc. Chief Legal Officer Sanam Pangali was granted 186,200 stock options with an exercise price of $26.31, vesting over four years.

Summary

• Sanam Pangali, Chief Legal Officer of ALUMIS Inc. (ALMS), was granted 186,200 stock options.
• The transaction date for this grant was January 26, 2026.
• The exercise price for these stock options is $26.31 per share.
• The options have a vesting schedule where 25% of the shares vest on January 26, 2027, with the remaining shares vesting in equal monthly installments over the subsequent 36 months.
• Vesting is contingent upon the Reporting Person's Continuous Service to the Issuer, as defined in the company's 2024 Equity Incentive Plan.
• The options are exercisable until January 25, 2036.

Sentiment

Score: 6

Explanation: The grant of stock options to a key executive is generally a positive event as it aligns management's interests with shareholders, but it is a routine compensation disclosure rather than a significant operational or financial announcement.

Positives

• The grant of stock options aligns the Chief Legal Officer's financial interests with those of the shareholders, incentivizing long-term company performance.
• The significant number of options (186,200) indicates a substantial commitment to the executive's role and future contributions to ALUMIS Inc.

Future Outlook

The vesting schedule for the stock options extends over four years, with the first 25% vesting in January 2027 and the remainder vesting monthly thereafter, indicating a long-term incentive structure tied to the executive's continuous service.

Industry Context

The grant of stock options to a Chief Legal Officer is a standard practice in executive compensation across various industries, aiming to attract, retain, and motivate key personnel by linking their compensation to the company's long-term stock performance.

Corporate Governance

Stakeholder Impact

• Shareholders: The option grant aims to align the Chief Legal Officer's long-term interests with shareholder value creation, potentially leading to improved company performance.
• Employees: This grant is specific to a key executive and does not directly impact the broader employee base, though it reflects the company's executive compensation strategy.

Next Steps

• The stock options will begin vesting on January 26, 2027, with subsequent monthly vesting installments over the following 36 months.
• The Chief Legal Officer will continue to provide Continuous Service to ALUMIS Inc. to ensure vesting of the options.

Key Dates

Keywords

ALUMIS, ALMS, Stock Options, Executive Compensation, Insider Transaction, Form 4, Sanam Pangali, Chief Legal Officer