Elghandour Rami 4

What Happened Rami Elghandour, President, CEO and Chairman of Arcellx (ACLX), sold 89,916 shares in a broker-assisted open-market sale on 2026-02-27 for a total of $10,243,267 (weighted average price $113.92). Earlier, in early January 2026 he acquired shares through the conversion/vesting of restricted stock units (55,459 on 2026-01-02; 53,098 on 2026-01-03; 55,991 on 2026-01-06) at $0.00 per share (these were RSU vestings reported previously).

Key Details

• Sale: 89,916 shares disposed on 2026-02-27; weighted average price $113.92; total proceeds ~$10,243,267. (Price range $113.83–$114.25; seller may provide exact allocation by price on request.)
• RSU conversions/exercises: 55,459 (1/2/2026), 53,098 (1/3/2026), 55,991 (1/6/2026) acquired at $0.00 — these represent vested RSUs (see footnote).
• Purpose of sale: Broker-assisted sale to satisfy tax withholding obligations related to RSU vesting (filing footnote).
• Shares owned after transaction: Not specified in the provided filing summary.
• Notable footnotes: F1 = RSUs convert to one share each; F2 = sale used to cover tax withholding; F3 = weighted average sale price; F4/F5 = certain shares held in spousal lifetime access trusts for which beneficial ownership is disclaimed except as to pecuniary interest.
• Filing timeliness: No late filing indicated in the provided report.

Context The January transactions were conversions/vestings of RSUs (derivative-to-stock events) and the February sale was a broker-assisted disposition to cover withholding—common for executives after vesting. Such tax-related sales are routine and do not necessarily indicate a change in the insider’s view of the company.