Alignment Healthcare (ALHC) CMO receives 52,972-share restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kim Hyong reported acquisition or exercise transactions in this Form 4 filing.
Alignment Healthcare, Inc. reported that Chief Medical Officer Hyong Kim received an equity grant of 52,972 shares of Common Stock in the form of restricted stock units at no cash cost. These units vest in roughly equal thirds on each of the first three anniversaries of the grant date, contingent on continued service. Following this grant, Kim holds 386,105 shares directly, underscoring this as a routine, compensation-related award rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kim Hyong
Role
Chief Medical Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 52,972 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 386,105 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Alignment Healthcare (ALHC) report for Hyong Kim?
Alignment Healthcare reported that Chief Medical Officer Hyong Kim received 52,972 restricted stock units of Common Stock as a compensation grant. The award was recorded at a price of $0.00 per share, indicating it is a non-cash equity grant rather than a market purchase.
How do the 52,972 restricted stock units for ALHC’s CMO vest?
The 52,972 restricted stock units vest in approximately one third increments on each of the first three anniversaries of the grant date. Vesting is conditioned on the reporting person’s continued service with Alignment Healthcare through each applicable vesting date, aligning compensation with multi-year retention.
What are Hyong Kim’s Alignment Healthcare (ALHC) holdings after this Form 4 transaction?
After receiving the 52,972 restricted stock units, Chief Medical Officer Hyong Kim directly holds 386,105 shares of Alignment Healthcare Common Stock. This total includes the newly granted units, which remain subject to a three-year vesting schedule tied to continued employment with the company.
What does transaction code “A” mean in the ALHC Form 4 for Hyong Kim?
Transaction code “A” on the Form 4 indicates a grant, award, or other acquisition of equity, rather than a market trade. In this case, it reflects a restricted stock unit grant of 52,972 shares of Common Stock to the Chief Medical Officer as part of compensation.