ALEC - 10% Owner of Alector Sold $3.00M In Stock | Benzinga
Polaris Venture Management Co VI LLC, 10% Owner at Alector (NASDAQ:ALEC), reported a large insider sell on September 13, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Wednesday showed that LLC sold 500,000 shares of Alector. The total transaction amounted to $3,000,000.
Alector shares are trading up 2.12% at $6.25 at the time of this writing on Thursday morning.
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