Arcellx (ACLX) CEO shifts 218,500 shares to spousal trust in Form 4 filing
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Arcellx, Inc. insider Rami Elghandour reported a large family estate-planning transfer of company stock. On February 11, 2026, the reporting person’s spouse made a bona fide gift of 218,500 shares of Arcellx common stock, transferring them for no consideration to a spousal lifetime access non-grantor trust in which he is a beneficiary.
Following this transaction, the filing shows 563,967 shares of Arcellx common stock held directly and 218,500 shares held indirectly through the trust. The footnote states he may be deemed to continue to have Section 16 beneficial ownership of the transferred shares, while disclaiming beneficial ownership except to the extent of any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
218,500 shares gifted
Mixed
2 txns
Insider
Elghandour Rami
Role
SEE REMARKS
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 218,500 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 563,967 shares (Direct);
Common Stock — 218,500 shares (Indirect, By trust)
Footnotes (1)
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FAQ
What insider transaction did Arcellx (ACLX) report in this Form 4?
Arcellx (ACLX) reported a bona fide gift involving 218,500 common shares. The reporting person’s spouse transferred the shares for no consideration into a spousal lifetime access non-grantor trust in which the insider is a beneficiary, reflecting a family estate-planning move rather than a market trade.
Was the Arcellx (ACLX) insider transaction a sale or a gift?
The transaction was reported as a bona fide gift, not a sale. The reporting person’s spouse transferred 218,500 Arcellx shares for no consideration into a spousal lifetime access non-grantor trust, indicating a personal wealth and estate-planning adjustment rather than an open-market disposal.
What roles does the reporting person hold at Arcellx (ACLX)?
The Form 4 lists the reporting person as President, CEO, and Chairman of the Board of Arcellx. These positions indicate he is both a senior executive officer and a director, making his equity holdings and any reported changes particularly relevant for corporate governance disclosures.