ALUMIS (ALMS) Chief Legal Officer Pangali Sanam Sells 1,364 Shares

What Happened Pangali Sanam, Chief Legal Officer of ALUMIS, sold 1,364 shares on Aug 3, 2026 for total proceeds of approximately $35,969. The reported weighted-average price was $26.37 per share (sales ranged $25.62–$26.42). The filing indicates this was a sell-to-cover to satisfy tax obligations related to restricted stock units, not a discretionary sale.

Key Details

• Transaction date: Aug 3, 2026
• Filing date: Aug 5, 2026 (timely — Form 4 was filed within the required window)
• Shares sold: 1,364 (Disposition, code S)
• Reported weighted-average price: $26.37; price range across transactions: $25.62–$26.42
• Proceeds: ~$35,969
• Footnote: Sale effected as sell-to-cover for taxes on RSUs granted July 29, 2025; not a discretionary sale (F1). The filer can provide a per-trade price breakdown on request (F2).
• Shares owned after the transaction: not reported on this Form 4.

Context A sell-to-cover is a routine tax-withholding action when restricted stock units vest — it does not necessarily signal the insider’s view of the company. Retail investors typically weigh insider purchases more heavily than routine sales; this transaction appears to be administrative (tax related) rather than a voluntary market-timed sale.