Alkami Technology (NASDAQ: ALKT) CAO stock withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ALKAMI TECHNOLOGY, INC. Chief Accounting Officer Prerna Sachdeva had 1,370 shares of common stock withheld at $18.95 per share to cover tax obligations tied to vesting restricted stock units. After this tax-withholding disposition, she directly holds 86,422 shares, so this is a routine compensation-related event rather than an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sachdeva Prerna
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,370 | $18.95 | $26K |
Holdings After Transaction:
Common Stock — 86,422 shares (Direct, null)
Footnotes (1)
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Key Figures
Tax-withheld shares: 1,370 shares
Withholding price: $18.95 per share
Shares held after transaction: 86,422 shares
3 metrics
Tax-withheld shares
1,370 shares
Common stock withheld to cover RSU tax obligations
Withholding price
$18.95 per share
Value used for tax-withholding disposition
Shares held after transaction
86,422 shares
Direct common stock holdings following tax withholding
Key Terms
restricted stock units, tax withholding obligations, tax-withholding disposition
3 terms
restricted stock units financial
"in connection with the vesting and settlement 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
"to satisfy the Reporting Person's tax withholding obligations in connection with the vesting"
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What insider transaction did ALKT Chief Accounting Officer report on this Form 4?
The filing reports a tax-withholding disposition of 1,370 Alkami Technology common shares. These shares were withheld by the company to satisfy Prerna Sachdeva’s tax obligations related to the vesting and settlement of restricted stock units, not sold in the open market.
Was the ALKT insider transaction a market sale or just tax withholding?
The transaction was only tax withholding, not an open-market sale. Shares were retained by Alkami Technology to satisfy the insider’s tax obligations associated with restricted stock unit vesting, a common administrative step in equity compensation plans.
Who is the ALKT insider involved in this Form 4 tax-withholding event?
The reporting person is Prerna Sachdeva, Chief Accounting Officer of Alkami Technology. She is an officer but not a director or 10% owner, and this Form 4 reflects routine tax-withholding tied to her compensated restricted stock units.