Form 4: ALX Oncology Director Granted 40,400 Stock Options
Insider Stock Option Grant
ALX Oncology Holdings Inc. Director and 10% Owner Corey S. Goodman was granted 40,400 stock options with an exercise price of $1.32, vesting monthly starting February 20, 2026.
Summary
- Corey S. Goodman, a Director and 10% Owner of ALX Oncology Holdings Inc. (ALXO), was granted 40,400 stock options.
- The options have an exercise price of $1.32 per share.
- The grant date for these options was January 20, 2026.
- The options will vest in 12 equal monthly installments, commencing on February 20, 2026.
- The expiration date for these stock options is January 19, 2036.
- Following this transaction, Corey S. Goodman beneficially owns 40,400 derivative securities directly.
Sentiment
Score: 7
Explanation: The grant of stock options to a director and 10% owner is generally viewed as a positive signal, indicating continued commitment and alignment of interests with shareholders. It incentivizes long-term performance.
Positives
- The grant of stock options to a Director and 10% Owner, Corey S. Goodman, aligns his interests with those of shareholders, incentivizing long-term company performance.
- The exercise price of $1.32 provides a clear benchmark for future stock performance required for the options to be in-the-money.
Future Outlook
The vesting schedule of the stock options over 12 equal monthly installments, beginning February 20, 2026, indicates a future alignment of the director's compensation with the company's long-term performance and shareholder value creation.
Industry Context
The grant of stock options to directors and key personnel is a common practice in the biotechnology and pharmaceutical industry, particularly for growth-oriented companies like ALX Oncology. This compensation structure is designed to attract and retain talent, and to align the interests of leadership with long-term shareholder value.
Stakeholder Impact
- Shareholders: Potential positive impact due to increased alignment of director's interests with shareholder value creation.
- Management/Employees: Reinforces the company's compensation strategy to incentivize long-term performance.
Next Steps
- The stock options will begin vesting in 12 equal monthly installments starting February 20, 2026.
Key Dates
| Date | Description |
|---|---|
| 01/20/2026 | Date of earliest transaction (grant date of stock options) |
| 02/20/2026 | Start date for monthly vesting of stock options |
| 01/19/2036 | Expiration date of the stock options |
Keywords
ALX Oncology, ALXO, Stock Option Grant, Insider Transaction, Corey S. Goodman, Director Compensation, Equity Incentive, Form 4
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