Tax-driven stock sale by ALX Oncology (ALXO) CAO Shelly Pinto
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ALX Oncology Holdings Inc. senior vice president and chief accounting officer Shelly Pinto reported an open-market sale of 565 shares of common stock at $2.27 per share. According to the disclosure, the shares were sold solely to cover tax obligations from vesting restricted stock units. After this transaction, Pinto holds 87,708 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 565 shares ($1,283)
Net Sell
1 txn
Insider
Pinto Shelly
Role
SVP, FINANCE AND CAO
Sold
565 shs ($1K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 565 | $2.27 | $1K |
Holdings After Transaction:
Common Stock — 87,708 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did ALXO executive Shelly Pinto report?
Shelly Pinto reported selling 565 ALX Oncology common shares. The sale was executed in the open market at $2.27 per share and was tied to covering tax obligations from vesting restricted stock units rather than a discretionary portfolio reallocation.
Is Shelly Pinto’s ALXO stock transaction categorized as a buy or sell?
The transaction is categorized as a sell in the insider report. It is coded as an open-market sale of common stock, though the footnote clarifies that the purpose was to satisfy tax obligations arising from the vesting of restricted stock units, not discretionary trading.