Alignment Healthcare (ALHC) CFO sells 11,100 shares to cover tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Alignment Healthcare, Inc. Chief Financial Officer James M. Head reported a mandatory share sale tied to equity compensation. On April 7, 2026, he disposed of 11,100 shares of common stock at $21.08 per share to cover tax withholding obligations from vesting restricted stock units. A footnote explains this was not a discretionary trade. After this transaction, he directly holds 173,495 shares of Alignment Healthcare common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 11,100 shares ($233,988)
Net Sell
1 txn
Insider
Head James M
Role
Chief Financial Officer
Sold
11,100 shs ($234K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 11,100 | $21.08 | $234K |
Holdings After Transaction:
Common Stock — 173,495 shares (Direct)
Footnotes (1)
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Key Figures
Shares disposed: 11,100 shares
Sale price: $21.08 per share
Shares held after transaction: 173,495 shares
3 metrics
Shares disposed
11,100 shares
Common stock sold on April 7, 2026
Sale price
$21.08 per share
Price for tax-withholding-related sale
Shares held after transaction
173,495 shares
Direct holdings after reported disposition
Key Terms
restricted stock units, tax withholding obligations, non-derivative, open-market sale
4 terms
restricted stock units financial
"in connection with the vesting of restricted stock units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"shares required to be sold ... to cover tax withholding obligations"
non-derivative financial
""transaction_type": "non-derivative""
open-market sale financial
""transaction_action": "open-market sale""
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.
FAQ
What insider transaction did ALHC CFO James M. Head report?
James M. Head reported a disposition of 11,100 shares of Alignment Healthcare common stock. The shares were sold to satisfy tax withholding obligations arising from restricted stock unit vesting, rather than as a discretionary open-market trade or portfolio decision.
Was the ALHC CFO’s reported sale a discretionary trade?
No, the sale was not discretionary. A footnote states the 11,100 shares represented the amount required to be sold to cover tax withholding obligations from restricted stock unit vesting, indicating a mechanical transaction rather than an active trading decision.
What type of security is involved in the ALHC CFO Form 4 filing?
The Form 4 involves Alignment Healthcare common stock associated with restricted stock units. The reported sale of 11,100 shares at $21.08 per share was executed solely to cover tax withholding triggered when those restricted stock units vested.