Alkami (ALKT) Chief Accounting Officer Sells 2,967 Shares to Cover Taxes
Rhea-AI Filing Summary
Prerna Sachdeva, Chief Accounting Officer of Alkami Technology, Inc. (ALKT), reported a routine insider sale on a Form 4. The filing shows a disposition of 2,967 shares of Alkami common stock on 09/02/2025 at a price of $24.76 per share. The sale was executed as a "sell-to-cover" to satisfy tax withholding obligations arising from the vesting and settlement of restricted stock units. Following the transaction, the reporting person beneficially owns 66,061 shares. The Form 4 was signed by an attorney-in-fact and filed with the SEC.
Positive
- Sale was a "sell-to-cover" explicitly to satisfy tax withholding from RSU vesting, indicating a non-discretionary purpose
- Reporting person retains a meaningful stake with 66,061 shares beneficially owned after the transaction
Negative
- Disposition of 2,967 shares on 09/02/2025 at $24.76 per share is reported
- Insider sale was executed (reduces insider's immediate share holdings)
Insights
TL;DR: A routine sell-to-cover transaction reduced insider shares by 2,967 at $24.76; remaining stake is 66,061 shares.
The reported sale appears mechanical and tied to RSU tax withholding rather than an open-market, discretionary divestiture. The magnitude of the sale (2,967 shares) should be viewed in the context of the remaining beneficial ownership of 66,061 shares reported on the form. For valuation or market-impact analysis, investors would compare the volume to average daily trading and total outstanding shares, neither of which are provided in this filing.
TL;DR: Disclosure is standard and compliant; transaction was executed to satisfy tax obligations from RSU vesting.
The Form 4 clearly states the disposition was to cover tax withholding related to RSU settlement and was attested by an attorney-in-fact, indicating administrative handling. The filing identifies the reporting person and role, and provides transaction date, price, and post-transaction ownership. There are no governance red flags or additional disclosures indicated within this document.