Form 4: ALX Oncology Executive Granted Stock Options
SEC Form 4 Filing
Shelly Pinto, SVP of Finance and CAO at ALX Oncology Holdings Inc., was granted 112,000 stock options on January 21, 2025, which vest over 48 months.
Summary
- Shelly Pinto, the SVP of Finance and CAO at ALX Oncology Holdings Inc., received 112,000 employee stock options on January 21, 2025.
- The options have an exercise price of $1.65 per share.
- These options vest in 48 equal monthly installments starting on February 21, 2025.
- The options expire on January 20, 2035.
Sentiment
Score: 7
Explanation: The document reflects a standard executive compensation practice, which is generally viewed positively as it aligns management with shareholder interests. There are no indications of negative sentiment.
Positives
- The grant of stock options aligns the executive's interests with those of the shareholders.
- The vesting schedule encourages long-term commitment from the executive.
Industry Context
Stock option grants are a common practice in the biotechnology industry to incentivize executives and align their interests with the company's long-term performance.
Comparison to Industry Standards
- Stock option grants are a standard form of compensation for executives in publicly traded companies, particularly in the biotech sector.
- The vesting schedule of 48 months is typical for such grants, designed to retain talent and incentivize long-term value creation.
- The exercise price of $1.65 is specific to ALX Oncology's stock and market conditions at the time of the grant.
Stakeholder Impact
- The stock option grant may have a minor positive impact on shareholder sentiment as it aligns executive interests with company performance.
Key Dates
| Date | Description |
|---|---|
| 01/21/2025 | Date of the stock option grant. |
| 01/22/2025 | Date of the Power of Attorney execution. |
| 01/23/2025 | Date of the Form 4 filing. |
| 02/21/2025 | Start date for monthly vesting of the stock options. |
| 01/20/2035 | Expiration date of the stock options. |
Keywords
stock options, executive compensation, insider trading, ALX Oncology, equity, vesting
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