General Atlantic funds boost Alkami (NASDAQ: ALKT) stake with 1.98M-share buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ALKAMI TECHNOLOGY, INC. reported significant insider buying by entities affiliated with General Atlantic. Through GA AL Holding II, L.P., these funds acquired a total of 1,975,000 shares of common stock in open-market purchases on May 12–14, 2026, at weighted average prices of $16.87, $16.63, and $16.49 per share. After these transactions, General Atlantic–associated entities indirectly held 19,420,994 Alkami shares across several investment funds and related vehicles.
Positive
- None.
Negative
- None.
Insights
General Atlantic–affiliated funds made sizable open‑market purchases in Alkami shares.
Entities linked to General Atlantic, a large shareholder of ALKAMI TECHNOLOGY, INC., bought a net 1,975,000 common shares in three open‑market trades on May 12–14, 2026 at prices around $16.5–$16.9 per share. All transactions were coded “P” for open‑market purchases.
Following these trades, the filing shows indirect holdings of 19,420,994 shares, spread across GA AL, GA AL Holding, GA AL SPV, GA AL Holding II and related coinvestment vehicles. The purchases were executed by GA AL Holding II, L.P., with complex upstream ownership among General Atlantic funds.
The activity represents a meaningful increase in this shareholder’s position and is a net‑buy signal rather than option exercises or tax‑related moves. The filing does not mention a Rule 10b5‑1 trading plan, so these appear as discretionary buys. Future company filings may further update this holder’s ownership stake.
Insider Trade Summary
Net Buyer: 1,975,000 shares ($32,929,750)
Net Buy
3 txns
Insider
GENERAL ATLANTIC, L.P., GENERAL ATLANTIC GENPAR, L.P., General Atlantic Partners 100, L.P., GAP COINVESTMENTS III, LLC, GAP COINVESTMENTS IV, LLC, GAP Coinvestments V, LLC, General Atlantic Partners (Bermuda) EU, L.P., General Atlantic Partners (Lux), SCSp, General Atlantic (Lux) S.a r.l., General Atlantic GenPar (Lux) SCSp
Role
null | null | null | null | null | null | null | null | null | null
Bought
1,975,000 shs ($32.93M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 675,000 | $16.49 | $11.13M |
| Purchase | Common Stock | 550,000 | $16.63 | $9.15M |
| Purchase | Common Stock, par value $0.001 per share ("Common Stock") | 750,000 | $16.87 | $12.65M |
Holdings After Transaction:
Common Stock — 19,420,994 shares (Indirect, See footnote);
Common Stock, par value $0.001 per share ("Common Stock") — 18,195,994 shares (Indirect, See footnote)
Footnotes (1)
- The shares of Common Stock were acquired by GA AL Holding II, L.P., a Bermuda limited partnership ("GA AL Holding II"), pursuant to an open market purchase of 750,000 shares on May 12, 2026. The price reported in Column 4 is a weighted average price. These shares were acquired in multiple transactions at prices ranging from $16.82 to $16.91, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) through (3) this Form 4. The shares of Common Stock were acquired by GA AL Holding II pursuant to an open market purchase of 550,000 shares on May 13, 2026. The price reported in Column 4 is a weighted average price. These shares were acquired in multiple transactions at prices ranging from $16.51 to $16.72, inclusive. The shares of Common Stock were acquired by GA AL Holding II pursuant to an open market purchase of 675,000 shares on May 14, 2026. The price reported in Column 4 is a weighted average price. These shares were acquired in multiple transactions at prices ranging from $16.33 to $16.62, inclusive. Consists of (a) 2,573,839 shares held by General Atlantic (AL), L.P ("GA AL"), (b) 2,346,162 shares held by GA AL Holding, L.P. ("GA AL Holding"), (c) 7,071,479 shares held by General Atlantic (AL) SPV, L.P. ("GA AL SPV"), (d) 7,387,558 shares held by GA AL Holding II and (e) 34,731 shares and 7,225 restricted stock units held by Raphael Osnoss, who is an employee of General Atlantic Service Company, L.P. ("GASC"), solely for the benefit of GASC. The following investment funds share beneficial ownership of the common shares held of record by GA AL, GA AL SPV, GA AL Holding and GA AL Holding II: General Atlantic Partners (Bermuda) EU, L.P. ("GAP Bermuda EU"), General Atlantic Partners (Lux) SCSp ("GAP Lux"), GAP Coinvestments III, LLC ("GAPCO III"), GAP Coinvestments IV, LLC ("GAPCO IV"), GAP Coinvestments V, LLC ("GAPCO V") and GAP Coinvestments CDA, L.P. (Cont'd in FN5) (Cont'd from FN4) ("GAPCO CDA"). The following investment funds also share beneficial ownership of the common shares held of record by GA AL and GA AL SPV: General Atlantic Partners 100, L.P. ("GAP 100"). The following investment funds also share beneficial ownership of the common shares held of record by GA AL Holding and GA AL Holding II: General Atlantic Partners (Bermuda) IV, L.P. ("GAP Bermuda IV"). The following investment funds also share beneficial ownership of the common shares held of record by GA AL SPV: GA AL. The following investment funds also share beneficial ownership of the common shares held of record by GA AL Holding II: GAP Coinvestments PE Holdco, L.P. ("GAP PE Holdco") and GAP Coinvestments PE, L.P. ("GAP PE"). GAP 100, GAP Bermuda EU, GAP Lux are collectively referred to as the "GA Funds." GAPCO III, GAPCO IV, GAPCO V and GAPCO CDA are collectively referred to as the "Sponsor Coinvestment Funds." The general partner of GA AL and GA AL SPV is General Atlantic (SPV) GP, LLC ("GA SPV GP"). (Cont'd in FN7) (Cont'd from FN6) The general partner of GAP Lux is General Atlantic GenPar (Lux) SCSp ("GA GenPar Lux"), and the general partner of GA GenPar Lux is General Atlantic (Lux) S.a r.l. ("GA Lux"). The general partner of GA AL Holding and GA AL Holding II is General Atlantic (SPV) GP (Bermuda), LLC ("GA SPV Bermuda"). The general partner of GAP Bermuda EU, the general partner of GAP Bermuda IV, the sole member of GA SPV Bermuda and the sole shareholder of GA Lux is General Atlantic GenPar (Bermuda), L.P. ("GenPar Bermuda"). General Atlantic, L.P. ("GA LP"), which is controlled by the Partnership Committee of GASC MGP, LLC (the "GA Partnership Committee"), is the managing member of GAPCO III, GAPCO IV, and GAPCO V, the general partner of GAPCO CDA, and is the sole member of GA SPV GP and GAP Holdings GP ("GAP Holdings GP, LLC"). GAP (Bermuda) LP. ("GAP Bermuda"), which is also controlled by the Partnership Committee, is the general partner of GenPar Bermuda. The general partner of GAP 100 is GA GenPar, and the general partner of GA GenPar is GA LP. GAP Holdings GP is the general partner of GAP Coinvestments PE Holdco GP, L.P., which is the general partner of GAP PE Holdco. GAP Holdings GP is the sole member of GAP Coinvestments PE GP, LLC, which is the general partner of GAP PE. There are six members of the GA Partnership Committee. Each of the members of the GA Partnership Committee disclaims ownership of the shares except to the extent that he has a pecuniary interest therein.
Key Figures
Open-market purchase 12 May 2026: 750,000 shares at $16.87
Open-market purchase 13 May 2026: 550,000 shares at $16.63
Open-market purchase 14 May 2026: 675,000 shares at $16.49
+3 more
6 metrics
Open-market purchase 12 May 2026
750,000 shares at $16.87
Weighted average price on May 12, 2026
Open-market purchase 13 May 2026
550,000 shares at $16.63
Weighted average price on May 13, 2026
Open-market purchase 14 May 2026
675,000 shares at $16.49
Weighted average price on May 14, 2026
Total shares purchased
1,975,000 shares
Net open-market buys over May 12–14, 2026
Indirect holdings after trades
19,420,994 shares
Total Alkami common shares indirectly owned after May 14, 2026
Net buy direction
1,975,000-share net buy
Form 4 transaction summary shows net-buy activity
Key Terms
open market purchase, weighted average price, beneficial ownership, restricted stock units, +1 more
5 terms
open market purchase financial
"pursuant to an open market purchase of 750,000 shares on May 12, 2026"
An open market purchase is when a company buys its own shares on public stock exchanges the same way any investor would, rather than through a private deal. Investors care because these purchases reduce the number of shares available, can boost earnings per share and share price, signal that management thinks the stock is undervalued, and use company cash that might otherwise go to reinvestment or dividends — like a business quietly buying back its own tickets at the box office.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
beneficial ownership financial
"The following investment funds share beneficial ownership of the common shares held of record"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
restricted stock units financial
"34,731 shares and 7,225 restricted stock units held by Raphael Osnoss"
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.
pecuniary interest financial
"Each of the members of the GA Partnership Committee disclaims ownership of the shares except to the extent that he has a pecuniary interest therein."
FAQ
What did General Atlantic affiliates do in the latest ALKT Form 4 filing?
Entities affiliated with General Atlantic purchased a total of 1,975,000 Alkami Technology common shares in open-market transactions. These trades occurred over three days in May 2026 at prices around the mid‑$16 range, increasing their indirect ownership position in ALKT.
What is General Atlantic’s total indirect ownership in Alkami Technology after these trades?
After the May 2026 purchases, entities associated with General Atlantic indirectly held 19,420,994 Alkami common shares. This total reflects holdings across GA AL, GA AL Holding, GA AL SPV, GA AL Holding II and shares and restricted stock units held for the benefit of a General Atlantic employee.