NMI Holdings CEO Adam Pollitzer sells $7.75m in common stock
Alector CEO Arnon Rosenthal sold 72,606 shares of the company's common stock on September 3, 2026, for a total of $193,473. The shares were sold at prices between $2.49 and $2.75, with an average price of $2.6647 per share. The sale was made to fulfill tax obligations associated with the vesting of restricted stock units. Currently, Alector's stock is trading at $2.46, marking a 58% increase year-to-date.
However, an InvestingPro analysis indicates the company may be overvalued compared to its Fair Value. Despite these transactions, Mr. Rosenthal still holds a significant stake in the company. He directly owns 2,294,600 shares and indirectly owns 922,875 shares through The Rosenthal Family Revocable Trust and 1,002,500 shares each through three other trusts, all of which he serves as trustee for.
Investors with access to InvestingPro can find additional insights on Alector's financial health and cash burn rate.
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