Alkami Technology (NASDAQ: ALKT) director reports 533-share equity award and 2.5M indirect holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mitchell Steven R reported acquisition or exercise transactions in this Form 4 filing.
ALKAMI TECHNOLOGY, INC. director Steven R. Mitchell reported an equity award and updated share holdings. He received a grant of 533 shares of common stock with no cash paid per share, increasing his direct holdings to 98,026 shares.
The filing also reports 2,521,611 shares of common stock held indirectly through ARG Private Equity II, LLC, an entity with which Mitchell is associated. He may be deemed to have beneficial ownership of those shares but disclaims beneficial ownership except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Mitchell Steven R
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 533 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 98,026 shares (Direct, null);
Common Stock — 2,521,611 shares (Indirect, See footnote)
Footnotes (1)
- The reporting person elected to defer receipt of these shares under the terms of the 2021 Incentive Award Plan. Shares held by ARG Private Equity II, LLC ("APE II"). The Reporting Person, a member of the Issuer's board of directors, serves as an adviser to APE II and may be deemed to have beneficial ownership of the shares held by APE II. The Reporting Person disclaims beneficial ownership of all such shares except to the extent of his pecuniary interest therein.
Key Figures
Equity award: 533 shares
Direct holdings after award: 98,026 shares
Indirect holdings via APE II: 2,521,611 shares
+1 more
4 metrics
Equity award
533 shares
Common Stock grant to director Steven R. Mitchell
Direct holdings after award
98,026 shares
Common Stock directly owned following the transaction
Indirect holdings via APE II
2,521,611 shares
Common Stock held by ARG Private Equity II, LLC
Award price per share
$0.0000 per share
Grant, award, or other acquisition code A
Key Terms
2021 Incentive Award Plan, beneficial ownership, pecuniary interest
3 terms
2021 Incentive Award Plan financial
"The reporting person elected to defer receipt of these shares under the terms of the 2021 Incentive Award Plan."
beneficial ownership financial
"may be deemed to have beneficial ownership of the shares held by APE II."
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.
pecuniary interest financial
"disclaims beneficial ownership of all such shares except to the extent of his pecuniary interest therein."
FAQ
What insider transaction did ALKT director Steven R. Mitchell report on this Form 4?
Steven R. Mitchell reported receiving a grant of 533 shares of Alkami Technology common stock. The shares were acquired as an award with no cash price per share, reflecting compensation rather than an open-market purchase or sale.