{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-050448","form_type":"8-K","ticker":"ALEC","cik":"0001653087","company_name":"Alector, Inc.","filed_at":"2025-03-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:04.319165+00:00","generated_at":"2026-05-25T01:35:50.049210+00:00","sec_items":["2.05"],"event_type":"other_material","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Alector cuts workforce by ~13% (25 employees); expects $2.4M restructuring charges","bullets":["Reduction in force impacting ~25 employees, or ~13% of workforce, to align resources with strategic priorities.","One-time restructuring charges of ~$2.4M primarily for severance and benefits.","Cash payments expected and reduction to be completed during Q3 2025.","Company reiterates existing cash will fund operations and capex through 2026."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-050448","json":"https://secwatch.observer/filing/0001193125-25-050448.json","markdown":"https://secwatch.observer/filing/0001193125-25-050448.md","text":"https://secwatch.observer/filing/0001193125-25-050448.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1653087/000119312525050448/0001193125-25-050448-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1653087/000119312525050448/d890669d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-25T01:35:50.049210+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"307027e6b04621a45560f7376fa2e250dd99cc63","claim":"Alector, Inc. announced a restructuring with charges of approximately $2.4 million affecting the organization (approximately 25 employees).","evidence_excerpt":"its operating expenses and capital expenditure requirements through 2026. One-time restructuring charges associated with the reduction in force are expected to be approximately $2.4 million, primarily consisting of personnel expenses such as salaries, one-time severance payments, and other benefits. Cash payments related to these expenses will be paid out and the","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1653087/000119312525050448/0001193125-25-050448-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"approximately $2.4 million"},{"label":"Affected area","value":"the organization"},{"label":"Headcount","value":"approximately 25 employees"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}