Alkami Technology (NASDAQ: ALKT) CAO granted RSUs, sells shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Alkami Technology Chief Accounting Officer Prerna Sachdeva reported both a stock award and a related share sale. On March 1, 2026, she received 24,184 restricted stock units that vest in 16 quarterly installments, with each RSU convertible into one share of common stock.
On March 2, 2026, she sold 1,352 common shares at $16.90 per share. According to the disclosure, this sale was made solely to cover tax withholding obligations through a “sell to cover” transaction and is described as not being a discretionary trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,352 shares ($22,849)
Net Sell
2 txns
Insider
Sachdeva Prerna
Role
Chief Accounting Officer
Sold
1,352 shs ($23K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 24,184 | $0.00 | -- |
| Sale | Common Stock | 1,352 | $16.90 | $23K |
Holdings After Transaction:
Common Stock — 87,792 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.
FAQ
What insider transactions did ALKT’s Chief Accounting Officer report?
Alkami’s Chief Accounting Officer, Prerna Sachdeva, reported a grant of 24,184 restricted stock units and a sale of 1,352 common shares. The sale was executed to cover tax withholding obligations tied to restricted stock unit vesting.
How many RSUs were granted to the ALKT Chief Accounting Officer?
Prerna Sachdeva received 24,184 restricted stock units. These RSUs vest in 16 quarterly installments starting March 1, 2026, and each unit represents a contingent right to receive one share of Alkami Technology common stock upon vesting.
Over what schedule do Prerna Sachdeva’s ALKT RSUs vest?
The 24,184 restricted stock units vest in 16 quarterly installments beginning March 1, 2026. This means a portion of the award becomes deliverable every quarter, with each vested RSU settling into one share of Alkami common stock.
Does the ALKT Form 4 indicate open-market buying by the officer?
No, the Form 4 shows an RSU grant and a sale for taxes, not open-market buying. The acquisition is described as a grant of restricted stock units, while the sale was executed solely to cover tax withholding obligations under a “sell to cover” arrangement.