Form 4: Alumis Director Akkaraju Buys $1.8M in Shares

Alumis Inc. Director Srinivas Akkaraju, through affiliated funds, acquired 186,377 shares of common stock for approximately $1.83 million, signaling strong insider confidence.

Summary

• Srinivas Akkaraju, a Director of Alumis Inc., reported the acquisition of 186,377 shares of common stock through Samsara Opportunity Fund, L.P.
• The purchases occurred on December 5, 2025, across three separate transactions.
• The first transaction involved 64,969 shares at a weighted average price of $8.95 per share, with prices ranging from $8.48 to $9.4793.
• The second transaction involved 70,028 shares at a weighted average price of $10.01 per share, with prices ranging from $9.48 to $10.47.
• The third transaction involved 51,380 shares at a weighted average price of $10.73 per share, with prices ranging from $10.48 to $11.005.
• Following these transactions, Samsara Opportunity Fund, L.P. beneficially owns 1,265,253 shares.
• Srinivas Akkaraju also has indirect beneficial ownership of 4,491,731 shares through Samsara BioCapital, L.P., bringing his total indirect beneficial ownership to 5,756,984 shares.

Sentiment

Score: 8

Explanation: The significant insider buying by a director, totaling approximately $1.83 million, indicates strong confidence in the company's prospects, which is a positive signal for investors.

Positives

• A Director, Srinivas Akkaraju, increased his indirect stake in Alumis Inc. by purchasing 186,377 shares of common stock.
• The total value of the shares purchased was approximately $1.83 million, indicating a significant investment by an insider.
• Insider buying can signal management's confidence in the company's future prospects and valuation.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• Srinivas Akkaraju, a director of Alumis Inc., indirectly acquired shares through Samsara Opportunity Fund, L.P. and has beneficial ownership through Samsara BioCapital, L.P. He has voting and investment power over the Samsara Opportunity Fund shares and is a managing member of the general partner of Samsara BioCapital, L.P. These transactions are considered related party dealings due to his control and influence over these funds.

Stakeholder Impact

• Shareholders: The insider buying by a director could be interpreted as a positive signal, potentially increasing investor confidence and demand for the stock.
• Management/Employees: May boost morale and reinforce belief in the company's strategic direction.

Key Dates

Recommendation

The substantial insider buying by a director, Srinivas Akkaraju, through affiliated funds, signals strong confidence in Alumis Inc.'s future prospects and current valuation. Such a significant investment by an insider, totaling approximately $1.83 million, often precedes positive company developments or reflects a belief that the stock is undervalued. This action suggests a 'buy' recommendation for investors looking for companies with strong insider conviction.

Keywords

Alumis Inc., ALMS, Srinivas Akkaraju, Insider Buying, Form 4, Beneficial Ownership, Director Stock Purchase, Samsara Opportunity Fund, Samsara BioCapital, Equity Acquisition