ALEC (NASDAQ: ALEC) Form 144 lists 3,475 restricted common shares

Rhea-AI Filing Summary

Alec Rarely, Inc. (ALEC) submitted a Form 144 notice reporting an intended sale of 3,475 shares of Common stock described as Restricted Stock with an issuance/offer date of 06/01/2026. The filing also lists three prior sales by Grace Wong-Sarad of 5,709, 1,820, and 1,000 common shares on 06/02/2026, 04/16/2026, and 03/10/2026, respectively.

Key Figures

Registered/To-be-sold shares: 3,475 shares Recent sale — 06/02/2026: 5,709 shares Recent sale — 04/16/2026: 1,820 shares +2 more

5 metrics

Registered/To-be-sold shares 3,475 shares Restricted Stock, issuance/offer date 06/01/2026

Recent sale — 06/02/2026 5,709 shares Sale by Grace Wong-Sarad on 06/02/2026 (listed with 11271.15)

Recent sale — 04/16/2026 1,820 shares Sale by Grace Wong-Sarad on 04/16/2026 (listed with 4823.00)

Recent sale — 03/10/2026 1,000 shares Sale by Grace Wong-Sarad on 03/10/2026 (listed with 2650.00)

Broker/Agent listed Morgan Stanley Smith Barney LLC Agent address: 1 New York Plaza 8th Floor New York NY 10004

Key Terms

Restricted Stock, Form 144, Issuer

3 terms

Restricted Stock financial

"Securities To Be Sold | Common | 06/01/2026 | Restricted Stock"

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

Form 144 regulatory

"CONTENT TO ANALYZE: Filer Information ... 144: Securities To Be Sold"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

Issuer financial

"Securities To Be Sold ... ISSUER"

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Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	3475	6542.73	111025187	06/03/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	06/01/2026	Restricted Stock	ISSUER			3475	06/01/2026	Not Applicable

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
GRACE WONG-SARAD 131 Oyster Point Blvd., Suite 600 South San Francisco CA 94080	Common	06/02/2026	5709	11271.15
GRACE WONG-SARAD 131 Oyster Point Blvd., Suite 600 South San Francisco CA 94080	Common	04/16/2026	1820	4823.00
GRACE WONG-SARAD 131 Oyster Point Blvd., Suite 600 South San Francisco CA 94080	Common	03/10/2026	1000	2650.00

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does Alec Rarely's (ALEC) Form 144 report?

Form 144 reports an intended resale of restricted shares. It lists 3,475 restricted common shares with an issuance/offer date of 06/01/2026. The form also records recent sales by Grace Wong-Sarad on three dates in 2026.

Who is the reported seller on the ALEC Form 144?

The filing identifies Grace Wong-Sarad as the reporting party. The entry shows her address and three recent sale entries of common shares dated 06/02/2026, 04/16/2026, and 03/10/2026, with corresponding share counts.

How many shares were listed as sold in the past three months on the filing?

The filing lists three recent sales totaling listed rows of 5,709, 1,820, and 1,000 common shares on the respective dates. The filing shows associated numeric dollar figures next to each row as provided in the excerpt.

What type of shares does the Form 144 reference for ALEC?

The Form 144 references Restricted Stock of Common stock. The securities-to-be-sold line shows Restricted Stock with an issuer designation and an issuance/offer date of 06/01/2026 for 3,475 shares.