Form 4: Arcellx CEO Transfers 198,000 Shares to Family Trust

Arcellx, Inc. CEO Rami Elghandour transferred 198,000 shares of common stock to a spousal lifetime access non-grantor trust.

Summary

• Rami Elghandour, President, CEO, and Chairman of the Board of Arcellx, Inc., transferred 198,000 shares of common stock.
• The transaction occurred on February 11, 2026, and involved no consideration.
• The shares were transferred to a spousal lifetime access non-grantor trust (SLANT), with his spouse designated as the beneficiary.
• Following this transfer, Elghandour directly holds 365,967 shares and indirectly holds 198,000 shares through the trust.
• Elghandour disclaims beneficial ownership of the transferred shares except to the extent of any pecuniary interest.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, typical for executive estate planning, with no direct positive or negative implications for Arcellx's operational performance or immediate stock valuation.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Management Comments

• The Reporting Person disclaims beneficial ownership except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such shares for Section 16 or any other purpose.

Industry Context

StockSavvy.ai notes that insider transactions, particularly gifts or transfers to trusts, are common for estate planning purposes and typically do not reflect a change in the company's operational performance or outlook. This is a personal financial move by the CEO.

Stakeholder Impact

• Shareholders: This transaction represents a change in the beneficial ownership structure of a portion of the CEO's holdings and does not directly impact the company's operations, strategy, or financial performance.
• Employees, Customers, Suppliers, Creditors: No direct impact on these stakeholders is indicated by this personal transaction.

Key Dates

Keywords

Arcellx, ACLX, Rami Elghandour, Form 4, Insider Transaction, Stock Transfer, Trust, SLANT, Common Stock, CEO, Director