secwatch.observer — SEC 8-K summary
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Issuer:     Alto Neuroscience, Inc. (ANRO)
CIK:        0001999480
Form:       8-K
Filed at:   2025-07-08T23:59:59+00:00
Accession:  0001999480-25-000061
Event type: other
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1999480/000199948025000061/0001999480-25-000061-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1999480/000199948025000061/alto-20250703.htm
  HTML page:      https://secwatch.observer/filing/0001999480-25-000061

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