Alignment Healthcare (ALHC) legal chief sells stock under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Alignment Healthcare, Inc. reported that Chief Legal and Admin. Officer Christopher J. Joyce sold 18,013 shares of common stock in an open-market transaction. The weighted-average sale price was $17.7923 per share, within a range of $17.57 to $17.99. Following this sale, he directly holds 305,451 shares. The transaction was executed pursuant to a pre-arranged Rule 10b5-1 trading plan adopted on 09/08/2025.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 18,013 shares ($320,493)
Net Sell
1 txn
Insider
JOYCE CHRISTOPHER J
Role
Chief Legal and Admin. Officer
Sold
18,013 shs ($320K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 18,013 | $17.7923 | $320K |
Holdings After Transaction:
Common Stock — 305,451 shares (Direct)
Footnotes (1)
- Date of adoption of Rule 10b5-1 plan: 09/08/2025 The reported price in column 4 is a weighted-average price. Shares were sold in multiple transactions at a per share price ranging from $17.57 to $17.99. 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.
Key Figures
Shares sold: 18,013 shares
Weighted-average sale price: $17.7923 per share
Sale price range: $17.57–$17.99 per share
+3 more
6 metrics
Shares sold
18,013 shares
Open-market sale of common stock
Weighted-average sale price
$17.7923 per share
Price for 18,013 shares sold
Sale price range
$17.57–$17.99 per share
Range of individual trade prices
Shares held after transaction
305,451 shares
Direct ownership after sale
Rule 10b5-1 plan adoption date
09/08/2025
Pre-arranged trading plan for transactions
Transaction date
2026-04-01
Date of reported open-market sale
Key Terms
Rule 10b5-1 plan, weighted-average price, open-market sale, common stock, +1 more
5 terms
Rule 10b5-1 plan regulatory
"The transaction was executed pursuant to a pre-arranged Rule 10b5-1 trading plan adopted on 09/08/2025."
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
weighted-average price financial
"The reported price in column 4 is a weighted-average price."
open-market sale financial
"sold 18,013 shares of common stock in an open-market transaction."
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
common stock financial
"sold 18,013 shares of common stock in an open-market transaction."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"What insider transaction did Alignment Healthcare (ALHC) disclose on this Form 4?"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Alignment Healthcare (ALHC) disclose on this Form 4?
Alignment Healthcare disclosed that Chief Legal and Admin. Officer Christopher J. Joyce sold 18,013 common shares. The sale was an open-market transaction under a Rule 10b5-1 trading plan, giving investors transparency into his recent equity activity and remaining holdings.
Was the ALHC insider sale by Christopher Joyce made under a Rule 10b5-1 plan?
Yes. The filing states the transaction was executed pursuant to a Rule 10b5-1 trading plan adopted on 09/08/2025. Such pre-arranged plans are designed to systematize trades and reduce the significance of trade timing signals for outside investors.
Who is the insider involved in this Alignment Healthcare (ALHC) Form 4 filing?
The insider is Christopher J. Joyce, Alignment Healthcare’s Chief Legal and Admin. Officer. As a company officer, his open-market equity transactions must be reported, providing visibility into his trading and ongoing ownership position in Alignment Healthcare stock.