Alignment Healthcare (ALHC) CIO sells 4,044 shares to cover RSU tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Alignment Healthcare, Inc. Chief Information Officer Robert L. Scavo reported selling 4,044 shares of common stock in open-market transactions to cover tax withholding obligations tied to vesting restricted stock units. The sales were not discretionary trades. After these transactions, he continues to hold 498,970 shares of Alignment Healthcare common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 4,044 shares ($70,554)
Net Sell
2 txns
Insider
Scavo Robert L.
Role
Chief Information Officer
Sold
4,044 shs ($71K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,799 | $17.476 | $66K |
| Sale | Common Stock | 245 | $16.9919 | $4K |
Holdings After Transaction:
Common Stock — 499,215 shares (Direct)
Footnotes (1)
- Represents the number of shares required to be sold by the reporting person to cover tax withholding obligations in connection with the vesting of restricted stock units. This transaction does not represent a discretionary trade by the reporting person. The reported price in column 4 is a weighted-average price. Shares were sold in multiple transactions at a per share price ranging from $17.035 to $18.03. The reporting person undertakes to provide to Alignment Healthcare, Inc., any security holder of Alignment Healthcare, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range. The reported price in column 4 is a weighted-average price. Shares were sold in multiple transactions at a per share price ranging from $16.92 to $17.03. The reporting person undertakes to provide to Alignment Healthcare, Inc., any security holder of Alignment Healthcare, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range.