Alector director granted RSUs and stock options
Hammond Paula reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Hammond Paula reported acquisition or exercise transactions in this Form 4 filing.
Alector, Inc. director Paula Hammond received new equity awards in the form of restricted stock units and stock options. She was granted 28,700 RSUs that vest on the earlier of June 17, 2027 or the company’s next annual stockholder meeting. She also received a stock option covering 9,450 shares of common stock, vesting in 12 equal monthly installments beginning July 17, 2026, with full vesting no later than the earlier of one year from grant or the next annual meeting. Following these awards, Hammond directly holds 103,609 shares of Alector common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 38,150 shares
Grant/Award
2 txns
Insider
Hammond Paula
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 9,450 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 28,700 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option (right to buy) — 9,450 contracts (Direct);
Common Stock — 103,609 shares (Direct)
Footnotes (2)
- F1. The reported shares are represented by restricted stock units, or RSUs, which vest on the earlier of (i) June 17, 2027 or (ii) the date of the Issuer's next annual meeting of stockholders.
- F2. The shares subject to the option vest in 12 equal monthly installments beginning on July 17, 2026, provided that the shares subject to the option will vest in full on the earlier of the one-year anniversary of the date of grant or the date of the Issuer's next annual meeting of stockholders.
Key Figures
RSU grant size: 28,700 shares
Stock option grant: 9,450 shares
Post-grant holdings: 103,609 shares
+3 more
6 metrics
RSU grant size
28,700 shares
Restricted stock units vesting by June 17, 2027 or next annual meeting
Stock option grant
9,450 shares
Option on common stock vesting in 12 monthly installments
Post-grant holdings
103,609 shares
Total Alector common stock directly held after reported transactions
RSU vesting date
June 17, 2027
Latest vesting date, or earlier at next annual meeting of stockholders
Option vest start
July 17, 2026
Monthly vesting of stock option begins on this date
Option expiration
June 16, 2036
Expiration date of the granted stock option if unexercised
Key Terms
restricted stock units, RSUs, Stock Option (right to buy), vest, +1 more
5 terms
restricted stock units financial
"The reported shares are represented by restricted stock units, or RSUs, which vest on the earlier of (i) June 17, 2027 or (ii) the date of the Issuer's next annual meeting of stockholders."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSUs financial
"The reported shares are represented by restricted stock units, or RSUs, which vest on the earlier of (i) June 17, 2027 or (ii) the date of the Issuer's next annual meeting of stockholders."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
Stock Option (right to buy) financial
"Stock Option (right to buy)"
vest financial
"The shares subject to the option vest in 12 equal monthly installments beginning on July 17, 2026, provided that the shares subject to the option will vest in full on the earlier of the one-year anniversary of the date of grant or the date of the Issuer's next annual meeting of stockholders."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
annual meeting of stockholders financial
"The reported shares are represented by restricted stock units, or RSUs, which vest on the earlier of (i) June 17, 2027 or (ii) the date of the Issuer's next annual meeting of stockholders."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Alector (ALEC) director Paula Hammond report in this Form 4?
Paula Hammond reported receiving new equity awards from Alector, Inc., not buying shares on the open market. The awards include restricted stock units and stock options granted as part of her director compensation, increasing her direct holdings in the company’s common stock.
How many Alector (ALEC) RSUs were granted to Paula Hammond?
Paula Hammond was granted 28,700 restricted stock units (RSUs) of Alector common stock. These RSUs vest in full on the earlier of June 17, 2027 or the date of Alector’s next annual meeting of stockholders, aligning vesting with the company’s annual governance cycle.
What are the terms of Paula Hammond’s new Alector (ALEC) stock option grant?
Hammond received a stock option covering 9,450 shares of Alector common stock. The option vests in 12 equal monthly installments starting July 17, 2026, and will be fully vested by the earlier of one year from grant or Alector’s next annual stockholder meeting.
Do Paula Hammond’s Alector (ALEC) RSUs vest immediately?
The RSUs do not vest immediately; they have a time-based schedule. All 28,700 RSUs vest on the earlier of June 17, 2027 or the date of Alector’s next annual meeting of stockholders, tying vesting to either tenure or the upcoming shareholder meeting.
When do Paula Hammond’s Alector (ALEC) stock options fully vest and expire?
The stock options vest monthly over one year, beginning July 17, 2026, with full vesting no later than the earlier of one year from grant or Alector’s next annual meeting. The options expire on June 16, 2036 if not exercised by then.
AI-generated analysis. How Rhea-AI works. Not financial advice.
