Lowell Matthew 4
Research Summary
AI-generated summary
Alpha Teknova (TKNO) CFO Lowell Matthew Buys Shares, Receives Grant
What Happened
Lowell Matthew, Chief Financial Officer of Alpha Teknova (TKNO), made an open-market purchase of 40,000 shares on 2026-03-06 for a weighted average price of $2.19 per share (total ≈ $87,616). He was also granted 171,000 derivative shares (award/option) on 2026-02-15 at no immediate cash cost (reported as $0).
Key Details
- Purchase: 40,000 shares (code P) on 2026-03-06 at a weighted average price of $2.19; total reported value $87,616. Footnote clarifies purchases occurred at prices ranging from $2.13 to $2.20.
- Grant: 171,000 derivative shares (code A) on 2026-02-15, reported with $0 cash cost (award/option).
- Vesting: Footnote states the option/shares vest in 48 equal monthly installments beginning after 2/15/2026.
- Filing: Form 4 filed 2026-03-09. The 3/6 open-market purchase appears to be filed within the required reporting window; the 2/15 grant was reported on 3/9 and therefore appears late relative to the usual two-business-day rule.
- Shares owned after transaction: Not specified in the provided filing details.
Context
The 40,000-share open-market purchase is a direct cash purchase by the CFO and can be read by investors as a routine insider buy (often viewed as a more informative signal than grants). The 171,000-share item is an equity award/option that vests over four years and does not require immediate payment. As always, filings disclose transactions but not the insider’s motives; consider this alongside other company and market information.