Norman-Elvenich Alexander bought NONE

May 22, 2026 · Form 4 insider transaction

Norman-Elvenich Alexander bought 83,205 shares of NONE at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 5 days after the transaction.

Direction
Acquired (buy-side)
Shares
83,205
Price
$0.00
Total value
N/A
RoleOfficer
CompanyNONE
SecurityEmployee Stock Option (right to buy)
Transaction codeA: Grant or award
Transaction dateMay 22, 2026
Filing dateMay 27, 2026
Shares owned after83,205
OwnershipDirect
10b5-1 planNo
AmendedNo

Footnotes

Received in connection with the Issuer's merger (the "Merger") with Matternet, Inc. ("Legacy Matternet") in accordance with the terms of the Agreement and Plan of Merger and Reorganization dated as of May 22, 2026, by and among the Issuer (f/k/a Los Altos Ventures Corp.), Matternet Acquisition Co. and Legacy Matternet (the "Merger Agreement"), in exchange for options of Legacy Matternet. Each vested and unvested option to purchase shares of common stock of Legacy Matternet outstanding immediately prior to the effective time of the Merger was assumed by the Issuer and converted into an option to purchase shares of common stock equal to the product of (a) the number of shares of common stock subject to such option immediately prior to the effective time of the Merger and (b) 2.0801 (the "Conversion Ratio"), at an exercise price per share equal to (i) the exercise price per share of such option immediately prior to the effective time of the Merger divided by (ii) the Conversion Ratio.; The shares subject to the option shall become vested and exercisable according to the following schedule: 25% of the shares subject to the option shall vest on the first anniversary of the vesting commencement date, and the remaining shares shall vest in equal monthly installments over the next 36 months.

View the original Form 4 on SEC EDGAR