secwatch.observer — SEC 8-K summary
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Issuer:     Alector, Inc. (ALEC)
CIK:        0001653087
Form:       8-K
Filed at:   2025-06-13T23:59:59+00:00
Accession:  0001193125-25-140731
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Alector CFO Marc Grasso resigns; Neil Berkley named interim CFO
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- CFO Marc Grasso resigns effective June 20; Neil Berkley, CBO, becomes interim CFO while continuing as CBO.
- Grace Wong-Sarad appointed VP Accounting, serving as principal accounting officer.
- Annual meeting elected directors Rosenthal and Hammond, ratified Ernst & Young, approved say-on-pay.
- Cash runway into H2 2027; latozinemab Phase 3 top-line data expected Q4 2025.
- Berkley base salary $455k, retention bonus $91k; Wong-Sarad base $343,636 (rising to $363,636), retention $54,545.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1653087/000119312525140731/0001193125-25-140731-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1653087/000119312525140731/d58708d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-140731

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer