Grace Wong-Sarad reports multiple ALEC share sales (NASDAQ: ALEC)

Rhea-AI Filing Summary

ALEC: Form 144 notice of proposed sale by Grace Wong-Sarad. The filing lists recent open-market dispositions: 3,367 Common shares sold on 03/03/2026 for $7,012.11; 8,071 Common shares sold on 03/02/2026 for $17,137.75; and 4,079 Common shares sold on 02/26/2026 for $10,197.50. The filing also lists 1,000 Restricted Stock units tied to an 03/01/2025 grant that are indicated as securities to be sold.

Insights

Securities Compliance Analyst

Form 144 records recent proposed disposals by a reporting person, with dates and reported amounts.

Grace Wong-Sarad is identified as the reporting person and the filing lists three recent Common share dispositions: 3,367 shares on 03/03/2026 for $7,012.11; 8,071 shares on 03/02/2026 for $17,137.75; and 4,079 shares on 02/26/2026 for $10,197.50.

The record also shows 1,000 Restricted Stock units dated 03/01/2025 listed as "Securities To Be Sold" by the issuer. The filing format matches routine Rule 144 disclosure practice; cash‑flow treatment and whether these are part of a plan are not stated in the provided excerpt.

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	1000	2650.00	110362581	03/10/2026	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	03/01/2025	Restricted Stock	ISSUER			1000	03/01/2025	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	03/03/2026	3367	7012.11
GRACE WONG-SARAD 131 Oyster Point Blvd., Suite 600 South San Francisco CA 94080	Common	03/02/2026	8071	17137.75
GRACE WONG-SARAD 131 Oyster Point Blvd., Suite 600 South San Francisco CA 94080	Common	02/26/2026	4079	10197.50

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 did the ALEC Form 144 filed for Grace Wong-Sarad report?

It reported proposed sales of Common shares by Grace Wong-Sarad. The filing lists three recent dispositions: 3,367, 8,071, and 4,079 shares on 03/03/2026, 03/02/2026, and 02/26/2026 respectively, with the dollar amounts shown alongside.

How many shares and proceeds are listed for the 03/02/2026 transaction in ALEC Form 144?

The filing shows a sale on 03/02/2026 of 8,071 Common shares with an associated figure of $17,137.75. The excerpt presents the quantity and the dollar figure together as disclosed in the Form 144 entry.

Does the ALEC excerpt show any securities planned for future sale?

Yes. The excerpt lists 1,000 Restricted Stock units dated 03/01/2025 under "Securities To Be Sold" with the issuer identified, indicating those securities are included in the notice as proposed for sale.

Who is the reporting person named in the ALEC Form 144 excerpt?

The reporting person named is Grace Wong-Sarad, with an address at 131 Oyster Point Blvd., Suite 600, South San Francisco, CA. Several Common share dispositions are attributed to that individual in the filing excerpt.

Does the ALEC Form 144 excerpt state whether the sales were part of a trading plan or the issuer received proceeds?

The provided excerpt does not state whether the sales were made under a trading plan or how proceeds were treated. The entries list share counts, dates, and dollar figures, but do not disclose trading‑plan language or proceeds recipients in the text shown.