Alkami Technology (ALKT) awards RSUs, tax sale by legal chief
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Alkami Technology chief legal officer Douglas A. Linebarger reported equity awards and a small tax-related share sale. On March 4, 2026, he acquired 66,506 and 66,505 shares of common stock at $0.00 per share as restricted stock unit (RSU) awards.
One RSU grant vests in 16 quarterly installments starting March 1, 2026, and the other vests in four annual installments beginning March 1, 2027, with a one-year transfer restriction after each vest. On March 2, 2026, he sold 5,518 shares at $16.90 per share to cover tax withholding obligations from RSU vesting under a sell-to-cover arrangement, described as non-discretionary.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,518 shares ($93,254)
Net Sell
3 txns
Insider
Linebarger Douglas A.
Role
Chief Legal Officer
Sold
5,518 shs ($93K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 66,506 | $0.00 | -- |
| Grant/Award | Common Stock | 66,505 | $0.00 | -- |
| Sale | Common Stock | 5,518 | $16.90 | $93K |
Holdings After Transaction:
Common Stock — 282,739 shares (Direct)
Footnotes (1)
- The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of RSUs. The sale was to satisfy tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person. Represents restricted stock units ("RSUs") which vest in 16 quarterly installments with a vesting commencement date of March 1, 2026. Each RSU represents a contingent right to receive one share of common stock. Represents an award of RSUs that will vest in four equal annual installments beginning on March 1, 2027. Upon settlement, the shares of Common Stock underlying the RSUs are subject to transfer restrictions for one year following the vesting date.
FAQ
What insider transactions did Alkami Technology (ALKT) report for Douglas A. Linebarger?
Douglas A. Linebarger reported two RSU grants and one share sale. He received 66,506 and 66,505 RSU-based common shares, and sold 5,518 shares in an open-market transaction to cover tax withholding tied to RSU vesting.
What RSU awards did Alkami Technology (ALKT) grant to its chief legal officer?
He received two RSU-based common stock awards of 66,506 and 66,505 shares. One vests over 16 quarterly installments starting March 1, 2026, while the other vests in four equal annual installments beginning March 1, 2027, with post-vesting transfer restrictions.
How do the new Alkami Technology (ALKT) RSUs for the CLO vest over time?
One RSU award vests in 16 quarterly installments from March 1, 2026. The second award vests in four equal annual installments starting March 1, 2027, and the resulting shares face a one-year transfer restriction after each vesting date.