Form 4: Arcellx CFO Michelle Gilson Reports Stock Transactions
SEC Form 4 Filing
Michelle Gilson, CFO of Arcellx, Inc., reports the acquisition and disposition of company stock related to restricted stock units.
Summary
- On May 23, 2024, Michelle Gilson, CFO of Arcellx, Inc., acquired 22,428 shares of common stock through the vesting of restricted stock units (RSUs).
- The acquisition price was $0 per share.
- On May 24, 2024, Ms. Gilson sold 12,121 shares of common stock at a price of $50.71 per share.
- The sale was to cover tax withholding obligations related to the vesting of the RSUs.
- Following these transactions, Ms. Gilson directly owns 19,792 shares of Arcellx common stock and 22,429 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by a company insider. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for reporting insider transactions and provide transparency to investors.
Stakeholder Impact
- The transactions provide transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| May 23, 2022 | Vesting Commencement Date for Restricted Stock Units |
| May 23, 2024 | Acquisition of 22,428 shares through RSU vesting |
| May 24, 2024 | Sale of 12,121 shares to cover tax obligations; Power of Attorney executed |
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