secwatch.observer — SEC 8-K summary
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Issuer:     ALUMIS INC. (ALMS)
CIK:        0001847367
Form:       8-K
Filed at:   2025-02-21T23:59:59+00:00
Accession:  0001104659-25-016134
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Alumis adopts severance plan providing up to 18 months salary, full equity acceleration on change of control
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- Plan provides cash severance of 6-18 months base salary (plus 1-1.5x target bonus) for qualifying terminations within 12 months of a change of control.
- Outside change of control, benefits range from 3-12 months base salary plus pro-rata bonus and COBRA; executive officers also get equity acceleration.
- Eligibility requires signed participation agreement and execution of a release; equity acceleration applies to outstanding awards held by participants.
- Plan effective February 18, 2025; supersedes prior severance arrangements for eligible employees.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1847367/000110465925016134/0001104659-25-016134-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1847367/000110465925016134/tm257286d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-016134

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