Arcellx Insider Filing: Trustee Receives 2,621 ACLX Shares From NEA Distribution
Rhea-AI Filing Summary
Arcellx, Inc. (ACLX) Form 4 filed for reporting person Ali Behbahani shows pro rata distributions of common stock from NEA Partners 15, L.P. on August 12, 2025. The reporting person received 1,586 shares directly, recorded as an acquisition at $0.00. The Ali Behbahani Revocable Trust dated June 26, 2015 received 2,621 shares in the same distribution; the trust holds those shares directly while Mr. Behbahani disclaims beneficial ownership for any portion where he lacks a pecuniary interest. Post-transaction holdings are reported as 1,925 shares direct and 2,706 shares indirect.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine pro rata distribution from an investment vehicle increased reported direct and indirect holdings with no purchase price paid.
The Form 4 documents distributions of previously held partnership shares to limited partners, recorded as acquisitions at $0.00, which is standard for in-kind or pro rata distributions. The reporting person is a trustee of the named trust and appropriately disclaims beneficial ownership for portions with no pecuniary interest. There are no option exercises, sales, or cash purchases disclosed.
TL;DR: Disclosure appears complete for trustee relationship; no unusual insider trading patterns or material change indicated.
The filing clarifies the reporting person relationship to the trust and specifies the nature of the distributions. Signatory is attorney-in-fact and the filing includes the required explanatory notes about indemnified ownership. This is a procedural ownership update rather than a material corporate event.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 1,586 | $0.00 | -- |
| Other | Common Stock | 2,621 | $0.00 | -- |
Footnotes (1)
- NEA Partners 15, L.P. ("NEA Partners 15") made a pro rata distribution for no consideration of shares of Common Stock of the Issuer to its limited partners on August 12, 2025. The Reporting Person received 1,586 shares of Common Stock of the Issuer in the distribution by NEA Partners 15 on August 12, 2025. The Ali Behbahani Revocable Trust Dated June 26, 2015 (the "Behbahani Trust") received 2,621 shares of Common Stock of the Issuer in the distribution by NEA Partners 15 on August 12, 2025. The Reporting Person is a trustee of the Behbahani Trust, which is the direct beneficial owner of the securities. The Reporting Person disclaims beneficial ownership within the meaning of Section 16 of the 1934 Act, as amended, or otherwise of such portion of the securities held by the Behbahani Trust in which the Reporting Person has no pecuniary interest.