Pangali Sanam 4

What Happened Pangali Sanam, Chief Legal Officer of Alumis Inc. (ALMS), received a grant of a derivative award covering 186,200 shares on January 26, 2026. The Form 4 reports the award at $0.00 (acquired = $0), indicating a non-cash equity award (derivative instrument) rather than an open-market purchase or sale. This is a compensation grant, not an immediate purchase of marketable shares.

Key Details

• Transaction date and filing: Award granted 2026-01-26; Form 4 filed 2026-01-28 (filed within the typical 2-business-day reporting window).
• Instrument and amount: Derivative award for 186,200 shares; reported price $0.00 (acquired = $0).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote (vesting): 25% of the shares underlying the option vest on January 26, 2027; the remaining shares vest in equal monthly installments over the following 36 months thereafter, subject to continuous service and possible acceleration (per Issuer’s 2024 Equity Incentive Plan).
• No 10b5-1 plan, tax withholding, or late-filing flag noted in the provided excerpt.

Context This filing documents an equity award (a derivative/option grant) used for executive compensation. Such grants vest over time and do not represent an immediate market purchase or sale; they typically align compensation with retention and performance rather than signal a direct trading view. Because the award vests over several years, it only converts to owned, potentially sellable shares according to the vesting schedule.