STOCK TITAN

General Atlantic boosts Alkami Technology (ALKT) stake with 1.98M-share buy

Filing Impact
(Very High)
Filing Sentiment
(Very Positive)
Form Type
4

Rhea-AI Filing Summary

Alkami Technology’s major shareholder group made sizable open-market purchases of Common Stock. Investment entity GA AL Holding II, L.P. acquired 750,000 shares on May 12, 550,000 shares on May 13, and 675,000 shares on May 14, 2026, at weighted average prices around $16.87, $16.63, and $16.49 per share.

After these transactions, entities affiliated with General Atlantic reported indirect beneficial ownership of 19,420,994 Alkami shares, held across several related funds and vehicles. All trades were open-market buys, indicating increased exposure through these affiliated investment partnerships.

Positive

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Negative

  • None.

Insights

General Atlantic–affiliated funds increased their Alkami stake via open-market buys.

Affiliated investment entity GA AL Holding II, L.P. bought a total of 1,975,000 Alkami Technology common shares over three days in mid-May 2026, at weighted average prices between about $16.33 and $16.91. All transactions are classified as open-market purchases.

Following these trades, General Atlantic–related vehicles report indirect beneficial ownership of 19,420,994 shares, held across multiple funds and partnerships. The filing does not reference any sales or derivatives, so the visible activity is purely net buying. The overall impact depends on Alkami’s total share count, which is not shown in this excerpt.

Insider GENERAL ATLANTIC GENPAR (BERMUDA), L.P., GAP (Bermuda) L.P., GAP Coinvestments CDA, L.P., General Atlantic (AL), L.P., General Atlantic (AL) SPV, L.P., General Atlantic (SPV) GP, LLC, GA AL Holding, L.P., General Atlantic Partners (Bermuda) IV, L.P., General Atlantic (SPV) GP (Bermuda), LLC
Role 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)
  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.
Open-market purchase May 12, 2026 750,000 shares at $16.87/share Common Stock bought by GA AL Holding II
Open-market purchase May 13, 2026 550,000 shares at $16.63/share Common Stock bought by GA AL Holding II
Open-market purchase May 14, 2026 675,000 shares at $16.49/share Common Stock bought by GA AL Holding II
Total shares purchased 1,975,000 shares Net open-market buying across three days
Indirect holdings after trades 19,420,994 shares Indirect beneficial ownership reported post-transaction
Intraday price range May 12 $16.82–$16.91 Multiple executions around reported weighted average
Intraday price range May 13 $16.51–$16.72 Multiple executions around reported weighted average
Intraday price range May 14 $16.33–$16.62 Multiple executions around reported weighted average
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.
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.
beneficial ownership financial
"The following investment funds share beneficial ownership of the common shares"
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.
indirect ownership financial
"total_shares_following_transaction": "19420994.0000", "ownership_type": "indirect""
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
GENERAL ATLANTIC GENPAR (BERMUDA), L.P.

(Last)(First)(Middle)
C/O CONYERS CLIENT SERVICES LIMITED,
CLARENDON HOUSE, 2 CHURCH STREET

(Street)
HAMILTONHM 11

(City)(State)(Zip)

BERMUDA

(Country)
2. Issuer Name and Ticker or Trading Symbol
ALKAMI TECHNOLOGY, INC. [ ALKT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirectorX10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/12/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
XForm filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock, par value $0.001 per share ("Common Stock")05/12/2026P(1)750,000A$16.8718,195,994ISee footnote(4)(5)(6)(7)(8)
Common Stock05/13/2026P(2)550,000A$16.6318,745,994ISee footnote(4)(5)(6)(7)(8)
Common Stock05/14/2026P(3)675,000A$16.4919,420,994ISee footnote(4)(5)(6)(7)(8)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
1. Name and Address of Reporting Person*
GENERAL ATLANTIC GENPAR (BERMUDA), L.P.

(Last)(First)(Middle)
C/O CONYERS CLIENT SERVICES LIMITED,
CLARENDON HOUSE, 2 CHURCH STREET

(Street)
HAMILTONHM 11

(City)(State)(Zip)

BERMUDA

(Country)

Relationship of Reporting Person(s) to Issuer
XDirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
GAP (Bermuda) L.P.

(Last)(First)(Middle)
C/O CONYERS CLIENT SERVICES LIMITED,
CLARENDON HOUSE, 2 CHURCH STREET

(Street)
HAMILTONHM 11

(City)(State)(Zip)

BERMUDA

(Country)

Relationship of Reporting Person(s) to Issuer
XDirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
GAP Coinvestments CDA, L.P.

(Last)(First)(Middle)
C/O GENERAL ATLANTIC SERVICE CO., L.P.
55 EAST 52ND STREET, 33RD FLOOR

(Street)
NEW YORK NEW YORK 10055

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
XDirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
General Atlantic (AL), L.P.

(Last)(First)(Middle)
C/O GENERAL ATLANTIC SERVICE CO., L.P.
55 EAST 52ND STREET, 33RD FLOOR

(Street)
NEW YORK NEW YORK 10055

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
XDirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
General Atlantic (AL) SPV, L.P.

(Last)(First)(Middle)
C/O GENERAL ATLANTIC SERVICE CO., L.P.
55 EAST 52ND STREET, 33RD FLOOR

(Street)
NEW YORK NEW YORK 10055

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
XDirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
General Atlantic (SPV) GP, LLC

(Last)(First)(Middle)
C/O GENERAL ATLANTIC SERVICE CO., L.P.
55 EAST 52ND STREET, 33RD FLOOR

(Street)
NEW YORK NEW YORK 10055

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
XDirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
GA AL Holding, L.P.

(Last)(First)(Middle)
C/O CONYERS CORP SERVICES (BERMUDA) LTD,
CLARENDON HOUSE, 2 CHURCH STREET

(Street)
HAMILTONHM 11

(City)(State)(Zip)

BERMUDA

(Country)

Relationship of Reporting Person(s) to Issuer
XDirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
General Atlantic Partners (Bermuda) IV, L.P.

(Last)(First)(Middle)
C/O CONYERS CLIENT SERVICES LIMITED,
CLARENDON HOUSE, 2 CHURCH STREET

(Street)
HAMILTONHM 11

(City)(State)(Zip)

BERMUDA

(Country)

Relationship of Reporting Person(s) to Issuer
XDirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
General Atlantic (SPV) GP (Bermuda), LLC

(Last)(First)(Middle)
C/O CONYERS CLIENT SERVICES LIMITED,
CLARENDON HOUSE, 2 CHURCH STREET

(Street)
HAMILTONHM 11

(City)(State)(Zip)

BERMUDA

(Country)

Relationship of Reporting Person(s) to Issuer
XDirectorX10% Owner
Officer (give title below)Other (specify below)
Explanation of Responses:
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.
2. 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.
3. 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.
4. 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)
5. (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").
6. 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)
7. (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").
8. 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.
Remarks:
GA LP, GA SPV, GA SPV GP, GA AL, GA GenPar, GA GenPar Lux, GA Lux, GenPar Bermuda, GAP (Bermuda), the GA Funds, GA AL Holding, GA AL Holding II, GAP PE Holdco, GAP PE, GAP PE GP, GAP PE Holdco GP, GAP Holdings GP, and the Sponsor Coinvestment Funds may be deemed to be members of a "group" for the purposes of the Securities Exchange Act of 1934. Each reporting person disclaims beneficial ownership of any securities deemed to be owned by the group that are not directly owned by the reporting person. This report shall not be deemed an admission that the reporting persons are a member of a group or the beneficial owner of any securities not directly owned by the reporting person. Each of the reporting persons is a director-by-deputization solely for purposes of Section 16 of the Exchange Act. // Form 2 of 2
/s/ Michael Gosk05/14/2026
/s/ Michael Gosk05/14/2026
/s/ Michael Gosk05/14/2026
/s/ Michael Gosk05/14/2026
/s/ Michael Gosk05/14/2026
/s/ Michael Gosk05/14/2026
/s/ Ingrid van der Hoorn05/14/2026
/s/ Ingrid van der Hoorn05/14/2026
/s/ Ingrid van der Hoorn05/14/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did General Atlantic–affiliated entities report in this Alkami (ALKT) Form 4?

They reported indirect open-market purchases of Alkami common stock through GA AL Holding II, L.P., totaling 1,975,000 shares over three days in May 2026, and disclosed updated indirect beneficial ownership across related General Atlantic investment funds.

How many Alkami (ALKT) shares did GA AL Holding II buy and on which dates?

GA AL Holding II acquired 750,000 shares on May 12, 550,000 shares on May 13, and 675,000 shares on May 14, 2026. All were open-market purchases at weighted average prices in the mid‑$16 range per share.

What prices were paid for the Alkami (ALKT) shares in the reported Form 4 trades?

The filing shows weighted average purchase prices of about $16.87 on May 12, $16.63 on May 13, and $16.49 on May 14, 2026. Each day’s trades occurred in multiple executions within narrow price ranges around those averages.

Who actually holds the Alkami (ALKT) shares purchased in this Form 4?

The shares were acquired and held of record by GA AL Holding II, L.P., a Bermuda limited partnership. Footnotes explain that various General Atlantic funds and co-investment vehicles share beneficial ownership of these holdings through a layered partnership and general partner structure.

What is the total Alkami (ALKT) stake reported by General Atlantic–related funds after these trades?

After the purchases, affiliated General Atlantic entities report indirect beneficial ownership of 19,420,994 Alkami shares. This total aggregates shares held by several related partnerships and entities, including GA AL, GA AL SPV, GA AL Holding, GA AL Holding II, and related award holdings.

Does this Alkami (ALKT) Form 4 include any stock sales or derivative exercises?

No, the disclosed transactions are all coded “P” for purchases of non-derivative common stock. The transaction summary shows three buys totaling 1,975,000 shares, with no sales, derivative exercises, gifts, or tax-withholding entries reported in this filing excerpt.