Alignment Healthcare CIO Sells 29,535 ALHC Shares for Tax Withholding
Rhea-AI Filing Summary
Robert L. Scavo, Chief Information Officer and director of Alignment Healthcare, Inc. (ALHC), sold shares on 09/10/2025 to satisfy tax withholding from RSU vesting. The filing reports two non-discretionary sales: 21,123 shares at a weighted-average price of $16.2293 (individual trade prices ranged $15.74 to $16.735) and 8,412 shares at a weighted-average price of $16.8555 (individual trade prices ranged $16.74 to $17.24). After these transactions he beneficially owned 580,967 shares following the first set and 572,555 shares following the second set, held directly. The sales were executed pursuant to tax-withholding obligations and were not discretionary trades.
Positive
- Clear disclosure that the sales were to satisfy tax withholding on RSU vesting, not discretionary trades
- Reporting shows substantial retained ownership (580,967 and 572,555 shares after transactions)
- Provides weighted-average prices and price ranges and offers to supply detailed per-trade information on request
Negative
- Insider ownership decreased due to sales to cover tax withholding
- Filing does not specify exact per-trade share counts at each price; only weighted-average and ranges are provided
Insights
TL;DR: Routine RSU withholding sales by an insider; disclosure is complete and non-discretionary, so limited material impact on valuation.
The reported transactions are standard tax-withholding sales tied to RSU vesting rather than open-market, discretionary liquidations. The filing provides weighted-average prices and ranges for the trades and shows substantial remaining direct ownership (over 570,000 shares), suggesting continuing insider alignment with shareholders. For investors, these transactions should be viewed as administrative rather than signals of changed insider confidence.
TL;DR: Compliance-focused filing that documents required insider share disposition to cover taxes; governance and reporting appear appropriate.
The form clearly identifies the reporting person as CIO and director and explains the sales were to cover tax withholding for vested RSUs. The signer is an attorney-in-fact and the filing includes price ranges and an offer to provide detailed breakdowns on request, reflecting transparent reporting. There is no indication of regulatory or governance issues from this disclosure alone.