Alector (ALEC) officer sells 1,000 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Alector, Inc. principal accounting officer Grace Wong-Sarad reported an open-market sale of 1,000 shares of common stock at $2.65 per share. The transaction took place on March 10, 2026, and she now holds 106,465 shares directly. The filing notes the sale was made under a Rule 10b5-1 trading plan adopted on September 5, 2025, indicating it was pre-scheduled rather than a discretionary trade.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,000 shares ($2,650)
Net Sell
1 txn
Insider
Wong-Sarad Grace
Role
Principal Accounting Officer
Sold
1,000 shs ($3K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,000 | $2.65 | $3K |
Holdings After Transaction:
Common Stock — 106,465 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Alector (ALEC) report for Grace Wong-Sarad?
Alector reported that principal accounting officer Grace Wong-Sarad sold 1,000 common shares. The shares were sold in an open-market transaction at $2.65 per share on March 10, 2026, according to a Form 4 filing.
Was the Alector (ALEC) insider sale made under a Rule 10b5-1 plan?
Yes, the reported sale was executed under a Rule 10b5-1 trading plan. A footnote explains the transactions were carried out pursuant to a pre-established Rule 10b5-1 plan adopted by Grace Wong-Sarad on September 5, 2025.
What is the role of Grace Wong-Sarad at Alector (ALEC)?
Grace Wong-Sarad serves as Alector’s principal accounting officer. The Form 4 identifies her as an officer of Alector, Inc., and reports her open-market sale of 1,000 shares of the company’s common stock on March 10, 2026.
Does the Alector (ALEC) Form 4 show a buy or sell transaction?
The Form 4 shows a sell transaction in Alector shares. It reports an open-market sale (transaction code “S”) of 1,000 shares of Alector, Inc. common stock by principal accounting officer Grace Wong-Sarad at $2.65 per share.