---
schema_version: "secwatch.filing_event.v1"
accession: "0001999480-25-000061"
form_type: "8-K"
ticker: "ANRO"
cik: "0001999480"
company_name: "Alto Neuroscience, Inc."
filed_at: "2025-07-08T23:59:59+00:00"
generated_at: "2026-05-18T09:09:14.181450+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Alto Neuroscience reprices ~4.2M underwater options to $2.35 for employee retention

## Summary
- Total eligible options: 4,225,763 shares repriced to $2.35 from original range $2.44-$16.00 per share.
- CEO Amit Etkin: 719,910 options; CFO Nicholas Smith: 506,124; COO Michael Hanley: 321,000.
- Reduced price applies only after 12-month retention period (or earlier on change in control or qualifying termination).
- Number of shares, vesting schedules, and expiration dates remain unchanged.

## SEC filing metadata
- accession: 0001999480-25-000061
- form_type: 8-K
- ticker: ANRO
- cik: 0001999480
- company_name: Alto Neuroscience, Inc.
- filed_at: 2025-07-08T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1999480/000199948025000061/0001999480-25-000061-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1999480/000199948025000061/alto-20250703.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001999480-25-000061
- JSON: https://secwatch.observer/filing/0001999480-25-000061.json
- Plain text: https://secwatch.observer/filing/0001999480-25-000061.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.