Alto Neuroscience (ANRO) director awarded 26,000 stock options at $20.44 strike price
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Alto Neuroscience, Inc. director Andrew Craig Miller received a grant of stock options covering 26,000 shares of common stock at an exercise price of $20.44 per share. These options vest in 36 equal monthly installments starting on June 27, 2026, and were awarded under the company’s Non-Employee Director Compensation Policy, with no cash paid by the director for the grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Miller Andrew Craig
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 26,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 26,000 shares (Direct, null)
Footnotes (1)
- The shares underlying the option shall vest in 36 equal monthly installments commencing on June 27, 2026, subject to the Reporting Person's continuous service through each vesting date. The derivative securities were granted to the Reporting Person pursuant to the Issuer's Non-Employee Director Compensation Policy, and were not sold to the reporting person. As such, the Reporting Person did not pay any consideration for the derivative securities.
Key Figures
Option grant size: 26,000 shares
Exercise price: $20.44 per share
Vesting schedule: 36 equal monthly installments
+3 more
6 metrics
Option grant size
26,000 shares
Stock options granted to director on May 27, 2026
Exercise price
<money>$20.44</money> per share
Strike price for newly granted options
Vesting schedule
36 equal monthly installments
Vesting begins June 27, 2026, subject to continuous service
Expiration date
<date>May 26, 2036</date>
Options lapse if unexercised by this date
Shares underlying option
26,000 shares
Common stock underlying the derivative security
Post-transaction derivative holdings
26,000 options
Total options held following this grant
Key Terms
Stock Option (right to buy), derivative securities, Non-Employee Director Compensation Policy, vesting, +1 more
5 terms
Stock Option (right to buy) financial
"security_title: Stock Option (right to buy)"
derivative securities financial
"The derivative securities were granted to the Reporting Person"
Financial contracts whose value is tied to the price or performance of another asset, such as a stock, bond, commodity, index, or currency; examples include options, futures and swaps. They matter to investors because they let you protect against price swings, bet on future moves or gain larger exposure with less upfront cash—like using a lever or insurance policy on an investment—so they can amplify gains and losses and help manage portfolio risk.
Non-Employee Director Compensation Policy financial
"granted to the Reporting Person pursuant to the Issuer's Non-Employee Director Compensation Policy"
vesting financial
"shall vest in 36 equal monthly installments commencing on June 27, 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.
exercise price financial
"conversion_or_exercise_price: 20.4400"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.