Yao Zhengbin 4
Research Summary
AI-generated summary
Alumis (ALMS) Director Yao Zhengbin Receives RSU and Derivative Award
What Happened
- Yao Zhengbin, a director of Alumis Inc. (ALMS), reported awards on June 30, 2026: 3,553 restricted stock units (RSUs) and 15,528 derivative shares/options were granted at $0.00 per share (no cash paid at grant). These awards are reported as "Grant, award or other acquisition (A)" on the Form 4 filed July 2, 2026.
Key Details
- Transaction date: 2026-06-30; Form 4 filed: 2026-07-02 (appears to be filed within the normal two-business-day window).
- Grant details:
- 3,553 RSUs — reported as issuable shares upon settlement (footnote F1).
- 15,528 derivative award — described in the filing as shares underlying an option/derivative (footnote F2).
- Price: $0.00 per share at grant (non-cash equity awards).
- Vesting: Both awards vest on the first anniversary of the grant but will be fully vested by the Issuer's 2027 annual stockholder meeting (or immediately upon a Change in Control), subject to the reporting person’s continuous service per the 2024 Equity Incentive Plan.
- Shares owned after the transaction: not specified in the provided excerpt of the filing.
- No 10b5-1, tax-withholding sale, or late-filing notation is indicated in the provided details.
Context
- These are non-cash equity awards (RSUs and a derivative/option-like grant) that give the director a future right to receive common stock if vesting conditions are met; they are typical compensation/retention arrangements and do not reflect an open-market purchase or sale. Vesting accelerates on a Change in Control and is otherwise contingent on continued service through the vesting date.