GAROFALO ELIZABETH A. 4
4 · Alector, Inc. · Filed Jun 17, 2026
Research Summary
AI-generated summary of this filing
Alector (ALEC) Director Elizabeth Garofalo Receives RSU & Option Award
What Happened Elizabeth Garofalo, a director of Alector, Inc. (ALEC), received two equity awards on June 17, 2026: 28,700 restricted stock units (RSUs) and a 9,450-share derivative award (option). Both awards were reported as acquisitions at $0.00 per share (typical for compensation grants), so no cash changed hands in the filing.
Key Details
- Transaction date: 2026-06-17; transaction type: Award/Grant (code A).
- Awards: 28,700 RSUs (reported at $0.00) and 9,450-share derivative/option (reported at $0.00).
- Reported value: $0 cash paid; not an open-market purchase or sale.
- Shares owned after transaction: not specified in the public filing.
- Filing timeliness: filing date 2026-06-17 (appears timely); no late-filing flag shown.
- Footnotes:
- RSU vesting (F1): RSUs vest on the earlier of June 17, 2027 or the issuer’s next annual meeting of stockholders.
- Option vesting (F2): Option shares vest in 12 equal monthly installments starting July 17, 2026, but will vest in full on the earlier of the one-year anniversary of the grant or the next annual meeting.
Context These awards are standard director compensation and are not sales or purchases of already-traded stock. RSUs are restricted and cannot be sold until they vest; the option award vests monthly with an accelerated full-vest clause tied to the one-year anniversary or the next annual meeting. Such grants are routine for board members and reflect compensation, not an immediate market commitment.
Insider Transaction Report
- Award
Common Stock
[F1]2026-06-17+28,700→ 118,650 total - Award
Stock Option (right to buy)
[F2]2026-06-17+9,450→ 9,450 totalExercise: $0.00Exp: 2036-06-16→ Common Stock (9,450 underlying)
Footnotes (2)
- [F1]The reported shares are represented by restricted stock units, or RSUs, which vest on the earlier of (i) June 17, 2027 or (ii) the date of the Issuer's next annual meeting of stockholders.
- [F2]The shares subject to the option vest in 12 equal monthly installments beginning on July 17, 2026, provided that the shares subject to the option will vest in full on the earlier of the one-year anniversary of the date of grant or the date of the Issuer's next annual meeting of stockholders.