Amylyx (AMLX) CFO reports automatic tax-related sale of 7,909 shares

Rhea-AI Filing Summary

Amylyx Pharmaceuticals Chief Financial Officer James M. Frates reported an automatic share sale related to tax withholding. On March 2, 2026, he sold 7,909 shares of common stock in an open-market transaction at a weighted average price of $14.5216 per share to cover taxes from restricted stock unit vesting.

After this sale, he directly held 165,638 shares. The filing also notes indirect holdings through several trusts, including 100,000 shares, 15,459 shares and 11,072 shares, where he serves as trustee and disclaims beneficial ownership except for any pecuniary interest.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

FRATES JAMES M

(Last) (First) (Middle)

C/O AMYLYX PHARMACEUTICALS, INC.

55 CAMBRIDGE PARKWAY, SUITE 6W

(Street)

CAMBRIDGE MA 02142

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Amylyx Pharmaceuticals, Inc. [ AMLX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/02/2026		S(1)		7,909(1)	D	$14.5216(2)	165,638	D
Common Stock								100,000	I	By Trust(3)
Common Stock								15,459	I	By Trust(4)
Common Stock								11,072	I	By Trust(5)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units. Such sales were automatic and not at the discretion of the Reporting Person.

2. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $14.450 to $15.385. Full information regarding the number of shares sold at each separate price can be furnished to the SEC staff upon request.

3. Shares held by the JAMES M. FRATES 2025 GRAT NO 1 U/A DTD 12/12/2025, for which the Reporting Person serves as trustee and is the sole annuitant. The Reporting Person disclaims beneficial ownership of such shares for purposes of Section 16 except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that such shares are beneficially owned by him for Section 16 or any other purpose.

4. Shares held by the James M. Frates 2024 Grantor Retained Annuity Trust No. 1, for which the Reporting Person serves as trustee and is the sole annuitant. The Reporting Person disclaims beneficial ownership of such shares for purposes of Section 16 except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that such shares are beneficially owned by him for Section 16 or any other purpose.

5. Shares held by the FRATES FAMILY 2013 IRREV TRUST, for which the Reporting Person serves as trustee. The Reporting Person disclaims beneficial ownership of such shares for purposes of Section 16 except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that such shares are beneficially owned by him for Section 16 or any other purpose.

	/s/ Joshua B. Cohen, as Attorney in Fact	03/04/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What did Amylyx Pharmaceuticals (AMLX) CFO James M. Frates report in this Form 4?

He reported an automatic sale of 7,909 Amylyx common shares. The sale covered tax withholding obligations tied to vesting restricted stock units, meaning it was not a discretionary trade and was executed to satisfy required tax payments.

How many Amylyx (AMLX) shares did the CFO sell and at what price?

He sold 7,909 shares of Amylyx common stock at a weighted average price of $14.5216. The shares were sold in multiple trades between $14.450 and $15.385, with detailed breakdowns available upon request to the SEC staff.

Why were Amylyx (AMLX) shares sold by CFO James M. Frates on March 2, 2026?

The shares were sold to cover tax withholding owed on vesting restricted stock units. According to the filing, these tax-related sales occurred automatically and were not executed at the CFO’s discretion as an investment decision.

How many Amylyx (AMLX) shares does the CFO hold after this transaction?

Following the tax-related sale, he directly held 165,638 Amylyx common shares. The filing also shows additional indirect holdings through various trusts, where he acts as trustee and disclaims beneficial ownership except for any pecuniary interest.

What indirect Amylyx (AMLX) share holdings are associated with the CFO?

Indirect holdings include 100,000 shares, 15,459 shares, and 11,072 shares held in separate trusts. He serves as trustee and sole annuitant for certain trusts and disclaims beneficial ownership for Section 16 purposes beyond any economic interest he may have.

Was the Amylyx (AMLX) CFO’s share sale a discretionary insider trade?

No, the sale was described as automatic to satisfy tax withholding on restricted stock unit vesting. This indicates the transaction was driven by tax obligations rather than an elective decision to reduce or increase his investment exposure.