Alkami Technology (ALKT) director granted 20,323 deferred stock units
Rhea-AI Filing Summary
ALKAMI TECHNOLOGY, INC. director Judson C. Linville received an initial equity grant linked to company stock. He was awarded 20,323 shares as a restricted stock unit (RSU) award at no cash cost, bringing his reported direct common stock holdings to 20,323 shares after the transaction.
The footnote explains that this Initial RSU Award will vest in three equal installments, with one-third vesting on each anniversary of the grant date and becoming fully vested on the third anniversary. Linville elected to defer receipt of these shares under the company’s 2021 Incentive Plan, making this a compensation-related, non-cash acquisition rather than an open-market purchase.
Positive
- None.
Negative
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Insights
Director received time-vested equity award as routine compensation.
Director Judson C. Linville was granted 20,323 stock-settled RSUs at a price of $0.00 per share. This is described as an Initial RSU Award, indicating a standard equity grant rather than a market transaction.
The award vests in three equal annual installments until the third anniversary of the grant date, aligning director incentives with longer-term company performance. The filing notes that Linville elected to defer receipt of these shares under the 2021 Incentive Plan, which affects timing of delivery but not the grant size disclosed here.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 20,323 | $0.00 | $0.00 |
Footnotes (1)
- F1. This Initial RSU Award will vest 1/3 on each anniversary of the applicable grant date and will be fully vested on the third anniversary of the grant date. The reporting person elected to defer receipt of these shares under the terms of the 2021 Incentive Plan.
Key Figures
Key Terms
Initial RSU Award financial
vest financial
2021 Incentive Plan financial
defer receipt financial
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