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Allogene Therapeutics (ALLO) director Stephen Mayo received a significant equity grant on June 18, 2025, consisting of 95,400 Restricted Stock Units (RSUs). The RSUs will vest in two equal semi-annual installments over a one-year period from the grant date.
Key terms of the RSU grant:
- Each RSU represents one share of common stock
- Grant price: $0
- Mayo elected to defer receipt of shares until either:
- 30 days after Board separation
- Company change in control
This Form 4 filing, executed by Earl Douglas as attorney-in-fact on June 20, 2025, reflects standard non-employee director compensation practices. The grant strengthens Mayo's alignment with shareholder interests through increased equity ownership.
Director Joshua A. Kazam of Allogene Therapeutics (ALLO) received a grant of 94,500 Restricted Stock Units (RSUs) on June 18, 2025. This represents a significant equity compensation award for the board member.
Key details of the RSU grant:
- Each RSU converts to one share of common stock
- Vesting occurs in two equal semi-annual installments over one year from grant date
- Exercise price is $0
- Vesting is contingent on continued service as director
The filing was reported via Form 4 on June 20, 2025, within the required two-business-day window for insider transaction reporting. The transaction represents a direct ownership position and was executed pursuant to the company's director compensation program.
Allogene Therapeutics (Nasdaq: ALLO) filed a Form 8-K reporting the voting results of its 2025 Annual Meeting of Stockholders held on June 18, 2025.
- Director elections: Stockholders re-elected Elizabeth Barrett (131,435,760 FOR), Arie Belldegrun M.D. (150,891,245 FOR) and David Chang M.D. Ph.D. (153,721,017 FOR) as Class I directors, each to serve until the 2028 annual meeting. Broker non-votes totaled 33,512,034 shares.
- Executive compensation: The non-binding advisory vote approved the compensation of named executive officers with 139,947,868 FOR versus 14,233,309 AGAINST and 3,184,237 abstentions.
- Auditor ratification: Ernst & Young LLP was confirmed as independent registered public accounting firm for fiscal 2025 with 190,111,256 FOR and only 414,604 AGAINST.
No other items were presented. The filing contains no updates on financial performance, strategic initiatives, or legal matters.