Alumis (ALMS) director awarded new RSUs and stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ALUMIS INC. director Patrick Machado reported new equity awards and his updated holdings. He received a grant of 3,553 shares of common stock as a restricted stock unit (RSU) award at no cost, which will vest on the first anniversary of the grant date or, in any case, by the company’s 2027 annual stockholder meeting, subject to continuous service or earlier vesting upon a Change in Control under the 2024 Equity Incentive Plan. He was also granted stock options for 15,528 shares of common stock at an exercise price of $28.14 per share, with the same vesting conditions. Following these awards, he holds 3,553 common shares directly and 7,064 common shares indirectly through the Patrick Machado Revocable Trust, where he serves as trustee, plus the newly granted options.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Machado Patrick
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 15,528 | $0.00 | -- |
| Grant/Award | Common Stock | 3,553 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 15,528 shares (Direct, null);
Common Stock — 3,553 shares (Direct, null);
Common Stock — 7,064 shares (Indirect, By Trust)
Footnotes (1)
- Represents shares of common stock issuable upon settlement of a restricted stock unit ("RSU") grant. The shares underlying this RSU vest on the first anniversary of the date of grant, provided that the shares will in any case be fully vested on the date of the Issuer's 2027 annual stockholder meeting, subject to the Reporting Person's Continuous Service (as defined in the Issuer's 2024 Equity Incentive Plan (the "Plan")) through such vesting date and will vest in full upon a Change in Control (as defined in the Plan), subject to the Reporting Person's Continuous Service (as defined in the Plan) through such date. Shares held directly by Patrick Machado Revocable Trust, Patrick Machado, TEE, for which the Reporting Person serves as trustee. The shares underlying this option vest on the first anniversary of the date of grant, provided that the shares will in any case be fully vested on the date of the Issuer's 2027 annual stockholder meeting, subject to the Reporting Person's Continuous Service (as defined in the Plan) through such vesting date and will vest in full upon a Change in Control (as defined in the Plan), subject to the Reporting Person's Continuous Service (as defined in the Plan) through such date.
Key Figures
RSU grant size: 3,553 shares
Option grant size: 15,528 shares
Option exercise price: $28.14 per share
+4 more
7 metrics
RSU grant size
3,553 shares
Common stock RSU award granted to director
Option grant size
15,528 shares
Stock Option (Right to Buy) underlying common shares
Option exercise price
$28.14 per share
Exercise price for 15,528 stock options
Direct common shares after grant
3,553 shares
Total direct common stock holdings following RSU grant
Indirect common shares
7,064 shares
Common stock held indirectly by Patrick Machado Revocable Trust
Options outstanding after grant
15,528 options
Total stock options held directly following award
Option expiration
June 29, 2036
Expiration date for 15,528 stock options
Key Terms
restricted stock unit ("RSU"), Continuous Service, Change in Control, 2024 Equity Incentive Plan, +1 more
5 terms
restricted stock unit ("RSU") financial
"Represents shares of common stock issuable upon settlement of a restricted stock unit ("RSU") grant."
Continuous Service financial
"subject to the Reporting Person's Continuous Service (as defined in the Issuer's 2024 Equity Incentive Plan)"
Change in Control financial
"will vest in full upon a Change in Control (as defined in the Plan)"
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
2024 Equity Incentive Plan financial
"as defined in the Issuer's 2024 Equity Incentive Plan (the "Plan")"
Stock Option (Right to Buy) financial
"security_title": "Stock Option (Right to Buy)""
FAQ
What equity awards did Alumis (ALMS) director Patrick Machado receive?
Patrick Machado received 3,553 restricted stock units and stock options for 15,528 shares of Alumis common stock. Both awards were granted at no cost, with options exercisable at $28.14 per share, subject to specified vesting conditions tied to service and corporate events.
How do Patrick Machado’s new RSUs at Alumis (ALMS) vest?
Machado’s 3,553 RSUs vest on the first anniversary of the grant date, and in any case are fully vested by Alumis’ 2027 annual stockholder meeting. Vesting requires his Continuous Service under the 2024 Equity Incentive Plan or occurs in full upon a qualifying Change in Control.
What are the terms of Patrick Machado’s new stock options in Alumis (ALMS)?
Machado received stock options covering 15,528 shares of Alumis common stock at a $28.14 exercise price. These options vest on the first anniversary of grant or by the 2027 annual stockholder meeting, contingent on Continuous Service or earlier upon a qualifying Change in Control event.
What is the role of the Alumis 2024 Equity Incentive Plan in these grants?
Both the RSU and stock option grants to Machado are governed by Alumis’ 2024 Equity Incentive Plan. The Plan defines Continuous Service, Change in Control, and related vesting conditions that determine when his 3,553 RSUs and 15,528 stock options become fully vested and exercisable.