Alkami director granted 11,357 RSUs
Alkami Technology director and 10% owner Brian R. Smith received a grant of 11,357 restricted stock units (RSUs) of common stock.
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Form Type
4
Rhea-AI Filing Summary
Alkami Technology director and 10% owner Brian R. Smith received a grant of 11,357 restricted stock units (RSUs) of common stock. The RSUs vest in full on the earlier of the first anniversary of the grant date or immediately before the next annual meeting, and each RSU converts into one share. Smith elected to defer receipt of these shares under the company’s 2021 Incentive Plan. Following this award, he holds 564,542 shares directly. Entities affiliated with S3 Ventures Fund III report indirect ownership of 14,218,240 shares, with certain parties disclaiming beneficial ownership beyond their pecuniary interest.
Insider Trade Summary
Grant/Award: 11,357 shares
Grant/Award
2 txns
Insider
SMITH BRIAN R, S3 VENTURES GPLP III, L.P., S3 VENTURES III, L.L.C., S3 Ventures Fund III, L.P.
Role
Director, 10% Owner | Director, 10% Owner | Director, 10% Owner | Director, 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 11,357 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 564,542 shares (Direct);
Common Stock — 14,218,240 shares (Indirect, See footnote)
Footnotes (3)
- F1. Represents restricted stock units (RSUs) which vest in full on the earlier of (i) the first anniversary of the grant date and (ii) immediately before the Annual Meeting following the grant date. Each RSU represents a contingent right to receive one share of common stock. The reporting person elected to defer receipt of these shares under the terms of the 2021 Incentive Plan.
- F2. Shares held directly by Brian R. Smith.
- F3. Shares held directly by S3 Ventures Fund III, L.P. ("S3 Fund III"). S3 Ventures GPLP III, L.P. ("S3 GPLP III") is the general partner of S3 Fund III. S3 Ventures III, L.L.C. ("S3 III LLC") is the General Partner of S3 GPLP III. Brian R. Smith is the Managing Director of S3 III LLC. S3 GPLP III, S3 III LLC and Mr. Smith may be deemed to have beneficial ownership of the shares held by S3 Fund III. S3 GPLP III, S3 III LLC and Mr. Smith each disclaims beneficial ownership of all such shares except to the extent of its or his pecuniary interest therein.
Key Figures
RSUs granted: 11,357 RSUs
Direct holdings after grant: 564,542 shares
Indirect S3-related holdings: 14,218,240 shares
+2 more
5 metrics
RSUs granted
11,357 RSUs
Restricted stock units awarded to Brian R. Smith
Direct holdings after grant
564,542 shares
Common stock held directly by Brian R. Smith after transaction
Indirect S3-related holdings
14,218,240 shares
Common stock held indirectly by S3 Ventures Fund III, L.P.
RSU vesting trigger
Earlier of 1-year or next annual meeting
Schedule on which RSUs vest in full
Grant price per share
$0.0000 per share
RSU grant recorded with no cash exercise price
Key Terms
restricted stock units (RSUs), Annual Meeting, 2021 Incentive Plan, beneficial ownership, +1 more
5 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 of the grant date and (ii) immediately before the Annual Meeting following"
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.
2021 Incentive Plan financial
"The reporting person elected to defer receipt of these shares under the terms of the 2021 Incentive Plan."
beneficial ownership financial
"may be deemed to have beneficial ownership of the shares held by S3 Fund III."
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
"each disclaims beneficial ownership of all such shares except to the extent of its or his pecuniary interest therein."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Brian R. Smith report on the ALKT Form 4 filing?
Brian R. Smith reported receiving 11,357 restricted stock units (RSUs) of Alkami Technology common stock. These RSUs are a stock-based award, not an open-market purchase or sale, and increase his direct equity-based compensation position in the company.
How do the 11,357 RSUs granted to Brian R. Smith vest at Alkami (ALKT)?
The 11,357 RSUs vest in full on the earlier of the first anniversary of the grant date or immediately before the next annual shareholder meeting. Once vested, each RSU converts into one share of Alkami Technology common stock, subject to Smith’s deferral election.
Is the 11,357 RSU transaction in ALKT stock a market buy or sell?
The 11,357 RSU transaction is a grant classified under code A, meaning a grant, award, or other acquisition, not an open-market buy or sell. No per-share purchase price was paid; it is stock-based compensation to the reporting person.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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