ALXO Insider Buy: CFO Acquires 75,000 Shares at Weighted $0.7787
Rhea-AI Filing Summary
ALX Oncology Holdings Inc. (ALXO) Chief Financial Officer Shantharam Harish reported a purchase of 75,000 shares of the company on 08/18/2025. The reported price is a weighted average of $0.7787 per share, with individual trade prices ranging from $0.6823 to $0.9234; the filer agrees to provide a breakdown of quantities at each price upon request. Following the transaction the reporting person beneficially owns 75,000 shares directly. The Form 4 was signed by an authorized representative on 08/20/2025.
Positive
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Negative
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Insights
TL;DR: CFO purchased 75,000 shares at a weighted average $0.7787, signalling insider buying but magnitude relative to holdings is unspecified.
The direct acquisition of 75,000 common shares by the Chief Financial Officer on 08/18/2025 is a clear insider purchase disclosed on Form 4. The filing reports a weighted average price of $0.7787 with trades between $0.6823 and $0.9234; the filer offers to disclose per-trade quantities if requested. Insider purchases can be interpreted as a confidence signal, though the materiality of this transaction versus total outstanding shares or the CFO's total holdings is not provided in the filing, limiting valuation impact analysis.
TL;DR: Procedurally compliant Form 4 filing shows an officer purchase; disclosure includes required price-range explanation.
The Form 4 properly identifies the reporting person, relationship to the issuer (Chief Financial Officer), transaction date, transaction code (P), and the weighted average price with an explanatory footnote. The signature by power of attorney is present. No amendments or additional derivative positions are reported. From a governance and compliance perspective, the filing appears complete and timely based on the included data.