Director at Alkami Technology (ALKT) receives 11,357 RSU award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Payne Joseph P. reported acquisition or exercise transactions in this Form 4 filing.
ALKAMI TECHNOLOGY, INC. director Joseph P. Payne received a grant of 11,357 shares of Common Stock in the form of restricted stock units. The award was granted at no cash cost to him. These RSUs vest in full on the earlier of the first anniversary of the grant date or immediately before the Annual Meeting following the grant date. Each RSU represents a contingent right to receive one share of common stock. Following this grant, Payne directly holds 37,985 shares of the company’s stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Payne Joseph P.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 11,357 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 37,985 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 11,357 shares
Grant price per share: $0.00 per share
Shares held after grant: 37,985 shares
+2 more
5 metrics
RSU grant size
11,357 shares
Restricted stock units granted on 2026-05-19
Grant price per share
$0.00 per share
RSU award, no cash paid by recipient
Shares held after grant
37,985 shares
Total direct holdings following the transaction
Vesting trigger
Earlier of 1-year anniversary or Annual Meeting
Full vesting condition for RSUs from grant date
Security type
Common Stock via RSUs
Each RSU equals a contingent right to one share
Key Terms
restricted stock units (RSUs), Annual Meeting, contingent right
3 terms
restricted stock units (RSUs) financial
"Represents restricted stock units (RSUs) which vest in full on the earlier of..."
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."
FAQ
What did Joseph P. Payne report in this ALKT Form 4 filing?
Joseph P. Payne reported receiving 11,357 restricted stock units of Alkami Technology common stock. The award was granted at no cash cost and increases his direct holdings to 37,985 shares following the transaction, according to the Form 4 details.
What are the vesting terms of Joseph P. Payne’s 11,357 Alkami RSUs?
The 11,357 RSUs vest in full on the earlier of the first anniversary of the grant date or immediately before the Annual Meeting following the grant date. Until vesting, each RSU represents a contingent right to receive one share of Alkami common stock.
What does each restricted stock unit (RSU) in this Alkami grant represent?
Each RSU in Joseph P. Payne’s grant represents a contingent right to receive one share of Alkami Technology common stock. The units will convert into actual shares only when the vesting condition is met under the award’s schedule described in the Form 4 footnote.