Affiliate sells Common shares under 10b5-1 plan — ALHC (NASDAQ: ALHC)

Rhea-AI Filing Summary

ALHC affiliate reported proposed and recent sales of Common Stock, including a listed block of 548,000 shares. The filing lists multiple completed sales under a 10b5-1 Sales Plan on dates in 2026 (for example, 180,000 on 03/10/2026 and 118,000 on 03/23/2026) and shows a reference outstanding figure of 204,296,493 as of 04/07/2026.

Insights

Compliance Counsel

TL;DR: The Form 144 documents affiliate resale activity, much of it executed under a 10b5-1 plan.

The filing lists a proposed block of 548,000 shares to be sold and multiple actual sales executed under a 10b5-1 Sales Plan in 2026, with specific trade dates and share counts shown. These entries are routine resale notices for affiliates and reflect scheduled dispositions rather than company issuances.

The cash‑flow beneficiaries are selling holders (affiliate names such as JEK TRUST and JOHN E KAO appear). Timing and method detail is limited to the dates and amounts recorded; subsequent filings would show final transaction settlement and any withholding.

Key Figures

Proposed shares to be sold: 548,000 shares Completed sale on 03/23/2026: 118,000 shares Completed sale on 03/10/2026: 180,000 shares +2 more

5 metrics

Proposed shares to be sold 548,000 shares Securities To Be Sold line

Completed sale on 03/23/2026 118,000 shares 10b5-1 Sales Plan entry with proceeds $2,062,435.60

Completed sale on 03/10/2026 180,000 shares 10b5-1 Sales Plan entry with proceeds $3,273,558.00

Completed sale on 02/10/2026 180,000 shares 10b5-1 Sales Plan entry with proceeds $3,687,345.00

Reported outstanding shares 204,296,493 Figure shown with date 04/07/2026

Key Terms

10b5-1 Sales Plan, Form 144, Shares Issued Pre-IPO

3 terms

10b5-1 Sales Plan regulatory

"10b5-1 Sales Plan for JEK TRUST U/A DTD 02/08/2021"

Form 144 regulatory

"Filer Information | 144: Filer Information"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

Shares Issued Pre-IPO market

"Shares Issued Pre-IPO in exchange for Partnership Units"

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	548000	10231160.00	204296493	04/07/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	05/09/2014	Shares Issued Pre-IPO in exchange for Partnership Units	Issuer			548000	05/09/2014	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
10b5-1 Sales Plan for JEK TRUST U/A DTD 02/08/2021 1100 W. Town and Country Road Suite 1600 Orange CA 92868	Common	03/23/2026	118000	2062435.60
JOHN E KAO 1100 W. Town and Country Road Suite 1600 Orange CA 92868	Common	03/18/2026	73046	1303140.64
JOHN E KAO 1100 W. Town and Country Road Suite 1600 Orange CA 92868	Common	03/12/2026	48899	853125.50
10b5-1 Sales Plan for JEK TRUST U/A DTD 02/08/2021 1100 W. Town and Country Road Suite 1600 Orange CA 92868	Common	03/10/2026	180000	3273558.00
10b5-1 Sales Plan for JEK TRUST U/A DTD 02/08/2021 1100 W. Town and Country Road Suite 1600 Orange CA 92868	Common	02/10/2026	180000	3687345.00
10b5-1 Sales Plan for JEK TRUST U/A DTD 02/08/2021 1100 W. Town and Country Road Suite 1600 Orange CA 92868	Common	01/12/2026	180000	3799231.00

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does ALHC's Form 144 show about shares being sold?

The filing lists a proposed sale of 548,000 shares of Common Stock and several completed sales under a 10b5-1 plan in 2026. It records specific trade dates and share counts but does not state pricing mechanics beyond reported sale proceeds.

Who executed the sales listed in the ALHC Form 144?

The excerpt identifies selling holders including JEK TRUST U/A DTD 02/08/2021 and JOHN E KAO. Each entry pairs a seller name with the sale date and number of shares sold as recorded in the filing.

How many shares were sold under the 10b5-1 plan in March 2026 per the filing?

The filing shows multiple March 2026 transactions, including 118,000 shares on 03/23/2026, 73,046 shares on 03/18/2026, and 48,899 shares on 03/12/2026, with dollar amounts listed alongside each line.

Does the Form 144 disclose total shares outstanding for ALHC?

Yes, the excerpt includes a figure of 204,296,493 alongside a date of 04/07/2026. The filing pairs this number with the securities and filer lines, showing an outstanding-share context in the content provided.