Alamar Biosciences (ALMR) CFO details 570,719-share option holding
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Alamar Biosciences, Inc. Chief Financial Officer Justin J. McAnear reported his initial holdings of a stock option to buy Class B common stock. The option covers 570,719 underlying shares at an exercise price of $4.62 per share and expires on October 14, 2035.
According to the vesting terms, 25% of the shares subject to the option vest on October 13, 2026, and 1/48th of the shares vest monthly thereafter, as long as McAnear continues providing service through each vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
McAnear Justin J.
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option (Right to Buy) | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 570,719 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Underlying option shares: 570,719 shares
Exercise price: $4.62 per share
Option expiration: October 14, 2035
+2 more
5 metrics
Underlying option shares
570,719 shares
Class B common stock underlying CFO stock option
Exercise price
$4.62 per share
Stock option exercise price for Class B common stock
Option expiration
October 14, 2035
Expiration date of CFO stock option
Initial vesting date
October 13, 2026
25% of option shares vest on this date
Ongoing vesting rate
1/48th monthly
Portion of option shares vesting each month after initial cliff
Key Terms
Stock Option (Right to Buy), Class B Common Stock, vesting, continuous service
4 terms
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
Class B Common Stock financial
"underlying_security_title: Class B Common Stock"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
vesting financial
"Twenty-five percent of the shares subject to the option vest on 10/13/2026"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
continuous service financial
"subject to the reporting person's continuous service through each such vesting date"
FAQ
What did Alamar Biosciences (ALMR) CFO Justin McAnear report on his Form 3?
Alamar Biosciences CFO Justin J. McAnear reported his initial beneficial ownership of a stock option. The option gives him the right to buy Class B common stock under specific vesting terms, documenting his starting equity position as an officer.
What is the exercise price and expiration date of the ALMR CFO’s stock option?
Justin McAnear’s stock option has an exercise price of $4.62 per share and an expiration date of October 14, 2035. These terms define the cost to purchase shares and the latest date the option can be exercised.
How does the vesting schedule work for Justin McAnear’s Alamar Biosciences stock option?
Twenty-five percent of the option shares vest on October 13, 2026, with 1/48th of the shares vesting monthly thereafter. Vesting requires McAnear’s continuous service through each vesting date, aligning equity benefits with ongoing employment.
Does the Alamar Biosciences (ALMR) Form 3 show any stock purchases or sales by the CFO?
The Form 3 describes a stock option holding rather than stock purchases or sales. It reports McAnear’s right to buy Class B common shares under defined terms, without indicating open-market buy or sell transactions.