Director at Alkami Technology (ALKT) receives 11,357 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ALKAMI TECHNOLOGY, INC. director Charles Kane reported an equity award on Form 4. He received a grant of 11,357 restricted stock units (RSUs) of common stock at no cash purchase price, classified as a grant or award acquisition. These RSUs vest in full on the earlier of the first anniversary of the grant date or immediately before the next Annual Meeting following the grant date. Each RSU represents a contingent right to receive one share of common stock, and Kane has elected to defer receipt of these shares under the company’s 2021 Incentive Plan. Following this award, his directly held stake reported in the filing is 54,646 shares/RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
KANE CHARLES
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 11,357 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 54,646 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs granted: 11,357 RSUs
Holdings after transaction: 54,646 shares/RSUs
Transaction price per share: $0.00 per share
+3 more
6 metrics
RSUs granted
11,357 RSUs
Grant of restricted stock units to director Charles Kane
Holdings after transaction
54,646 shares/RSUs
Total direct holdings following the RSU award
Transaction price per share
$0.00 per share
Equity award granted at no cash purchase price
Vesting trigger 1
First anniversary of grant date
RSUs vest in full on this date if earlier condition not met
Vesting trigger 2
Immediately before Annual Meeting
Alternative vesting date following the grant
RSU-to-share ratio
1 RSU = 1 share
Each RSU represents a contingent right to one share
Key Terms
restricted stock units (RSUs), Annual Meeting, contingent right, 2021 Incentive Plan
4 terms
restricted stock units (RSUs) financial
"Represents restricted stock units (RSUs) which vest in full on the earlier..."
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
Annual Meeting financial
"on the earlier of (i) the first anniversary... and (ii) immediately before the Annual Meeting..."
A company's annual meeting is a yearly gathering where owners (shareholders) and the board review performance, ask questions, and vote on key matters like electing directors, approving auditor choices, and sometimes setting pay or dividend policies. For investors it matters because decisions made and votes cast can change who runs the company, influence strategy and payouts, and affect the value or direction of their investment—similar to a homeowners’ meeting where rules and leaders that shape your property’s value are decided.
contingent right financial
"Each RSU represents a contingent right to receive one share of common stock."
2021 Incentive Plan financial
"under the terms of the 2021 Incentive Plan."
FAQ
What insider transaction did Alkami (ALKT) director Charles Kane report?
Charles Kane reported receiving an equity award of 11,357 restricted stock units (RSUs) of Alkami common stock. The award was recorded as a grant or other acquisition with no cash purchase price, reflecting standard director compensation rather than an open-market share purchase or sale.
How many Alkami (ALKT) RSUs were granted to Charles Kane and on what terms?
Charles Kane was granted 11,357 restricted stock units (RSUs) of Alkami common stock. These RSUs vest in full on the earlier of the first anniversary of the grant date or immediately before the next Annual Meeting, aligning the award with the company’s annual director service cycle.
What is Charles Kane’s Alkami (ALKT) ownership after the RSU grant?
After the reported RSU grant, Charles Kane’s direct holdings total 54,646 shares or share-equivalent units. This figure includes the newly awarded restricted stock units, which each represent a contingent right to receive one share of Alkami common stock upon vesting and settlement.
When will Charles Kane’s Alkami (ALKT) RSUs vest according to the filing?
The RSUs granted to Charles Kane vest in full on the earlier of two dates: the first anniversary of the grant date or immediately before the Annual Meeting that follows the grant date. This structure is typical for director equity awards tied to one-year board service terms.