Berkley Neil Lindsay 4

What Happened

• Neil Berkley, Alector’s Chief Financial Officer and Chief Business Officer, sold 29,649 shares on 2026-03-02. The weighted-average sale price was $2.12 per share, for a total proceeds of approximately $62,954. The filing reports the transaction as a sale (S), executed in multiple trades at prices ranging from $2.04 to $2.37.

Key Details

• Transaction date: 2026-03-02; Form 4 filed: 2026-03-03 (timely).
• Shares sold: 29,649; weighted-average price: $2.12; total proceeds: ~$62,954.
• Price range across trades: $2.04–$2.37 (multiple transactions; exact allocation available on request per footnote).
• Footnote F1: Shares were sold to satisfy the reporting person's tax obligations related to RSU vesting (tax withholding sale).
• Footnote F2: Reported price is a weighted average; details of per-trade quantities/prices can be furnished to the SEC, issuer, or any security holder.
• Shares owned after the transaction: not disclosed in the provided filing excerpt.

Context

• This was a sale to cover tax obligations tied to restricted stock unit (RSU) vesting — a common, routine insider transaction that typically reflects tax withholding needs rather than a market sentiment vote. Purchases generally carry more informational weight for bullish signals than routine tax-withholding sales.