Alector director granted RSUs and stock options
SCHELLER RICHARD H reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
SCHELLER RICHARD H reported acquisition or exercise transactions in this Form 4 filing.
Alector, Inc. director Richard H. Scheller reported equity compensation awards. He received 28,700 shares of Common Stock in the form of restricted stock units that vest on the earlier of June 17, 2027 or the company’s next annual stockholder meeting. Following this grant, he directly holds 134,899 shares of common stock.
He was also granted a stock option for 9,450 shares of common stock. This option vests in 12 equal monthly installments beginning July 17, 2026, or fully on the earlier of the one-year anniversary of grant or the next annual meeting, and expires on June 16, 2036.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 38,150 shares
Grant/Award
2 txns
Insider
SCHELLER RICHARD H
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 — 134,899 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: 28,700 shares
RSU vesting date: June 17, 2027
Stock option grant: 9,450 shares
+3 more
6 metrics
RSU grant
28,700 shares
Restricted stock units granted on June 17, 2026
RSU vesting date
June 17, 2027
Vests earlier of this date or next annual meeting
Stock option grant
9,450 shares
Option to buy common stock granted June 17, 2026
Option vesting start
July 17, 2026
Vests in 12 equal monthly installments from this date
Option expiration
June 16, 2036
Expiration date of the stock option
Shares held after grant
134,899 shares
Common stock directly held following RSU grant
Key Terms
restricted stock units, stock option, vest, annual meeting of stockholders
4 terms
restricted stock units financial
"The reported shares are represented by restricted stock units, or RSUs, which vest on the earlier of..."
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.
stock option financial
"The shares subject to the option vest in 12 equal monthly installments beginning on July 17, 2026..."
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
vest financial
"which vest on the earlier of (i) June 17, 2027 or (ii) the date of the Issuer's next annual meeting..."
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
"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 insider transaction did Alector (ALEC) report for Richard H. Scheller?
Alector reported that director Richard H. Scheller received equity compensation awards. He was granted 28,700 restricted stock units and a stock option covering 9,450 shares of common stock, both dated June 17, 2026, as part of his director compensation.
How many Alector (ALEC) restricted stock units were granted to Richard H. Scheller?
Richard H. Scheller received 28,700 restricted stock units of Alector common stock. These RSUs vest on the earlier of June 17, 2027, or the date of Alector’s next annual meeting of stockholders, aligning his compensation with continued board service and company governance milestones.
What are the terms of Richard H. Scheller’s new Alector (ALEC) stock option grant?
Scheller received a stock option for 9,450 shares of Alector common stock. The option vests in 12 equal monthly installments starting July 17, 2026, or fully on the earlier of the one-year grant anniversary or the next annual meeting, and expires June 16, 2036.
Do Richard H. Scheller’s Alector (ALEC) equity awards involve any cash transaction?
The reported awards do not involve a cash purchase by Scheller. Both the 28,700 restricted stock units and the 9,450-share stock option were granted at a price of $0.00 per share, reflecting non-cash equity compensation typically provided to company directors.
When do Richard H. Scheller’s Alector (ALEC) restricted stock units vest?
Scheller’s 28,700 Alector restricted stock units vest on the earlier of June 17, 2027, or the date of Alector’s next annual meeting of stockholders. This structure ties vesting to continued board service and the timing of the company’s regular shareholder meeting.
AI-generated analysis. How Rhea-AI works. Not financial advice.
