Berkley Neil Lindsay 4

What Happened
Berkley Neil Lindsay, Alector’s Chief Financial Officer and Chief Business Officer, received an award of 54,600 restricted stock units (RSUs) reported as an acquisition (code A) on Mar 15, 2026. The RSUs were granted at $0.00 per share (no cash paid). The award is reported as 54,600 units; the filing does not state a cash value or share sale.

Key Details

• Transaction date reported: 2026-03-15 (grant/award, code A).
• Price: $0.00 per share (RSU award, no cash exchanged).
• Shares owned after the transaction: not specified in the supplied filing data.
• Footnote: RSUs vest in two installments — one-half on Sept 1, 2026 and one-half on Mar 1, 2027.
• Filing date: 2026-03-13 (the report shows a grant effective Mar 15, 2026 as reported). No 10b5-1 plan, tax withholding, or late-filing flag is indicated in the supplied details.

Context
This was a compensation grant (RSUs), not an open-market purchase or sale. RSU grants are commonly used to compensate and retain executives; they convert to actual shares only as they vest per the schedule above. Because no purchase or sale occurred, the grant itself is not a direct market buy signal, though it increases future potential insider ownership as units vest.