Alkami (ALKT) Insider Sell-to-Cover: CFO Sells 20,366 Shares

Rhea-AI Filing Summary

W. Bryan Hill, Chief Financial Officer and director of Alkami Technology, Inc. (ALKT), reported the sale of 20,366 shares of the company's common stock on 09/02/2025 at a price of $24.76 per share. The filing shows the transaction was a "sell-to-cover" to satisfy tax withholding on vested RSUs and was not a discretionary sale by the reporting person. After the transaction, the reporting person beneficially owned 409,889 shares. The Form 4 discloses standard insider reporting details and clarifies the sale's purpose as tax-related rather than an open-market liquidity decision.

Positive

• Transaction disclosed as non-discretionary sell-to-cover, indicating the sale was for tax withholding on vested RSUs rather than a voluntary liquidation
• Reporting person retains substantial ownership with 409,889 shares beneficially owned after the transaction, maintaining alignment with shareholders
• Form 4 provides clear disclosure of role (Chief Financial Officer and director), satisfying investor transparency expectations

Negative

• Insider sold 20,366 shares, which reduced their holdings—though the sale was for tax withholding and described as non-discretionary

Insights

Securities Analyst

TL;DR: Routine sell-to-cover by a senior officer; not a discretionary divestiture, so limited negative signal.

The sale of 20,366 shares at $24.76 appears solely to cover tax withholding from vested RSUs, which is common practice for executives receiving equity compensation. Because the transaction is explicitly described as non-discretionary and tied to compensation settlement, it carries minimal informational content about management's view on company fundamentals. The reporting person retains a substantial stake of 409,889 shares after the sale, indicating ongoing alignment with shareholders.

Corporate Governance Expert

TL;DR: Disclosure is clear and compliant; the reported transaction follows standard corporate governance norms for equity compensation.

The Form 4 discloses the relationship (CFO and director) and the nature of the sale as a sell-to-cover for RSU tax obligations, which satisfies Rule 16 reporting expectations. There is no indication of trading under a discretionary 10b5-1 plan. From a governance perspective, the filing provides transparency about internal equity settlements and preserves confidence in reporting controls.

SEC Form 4

FORM 4

UNITED 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

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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^*

HILL W BRYAN

(Last) (First) (Middle)

C/O ALKAMI TECHNOLOGY, INC.

5601 GRANITE PARKWAY, SUITE 120

(Street)

PLANO TX 75024

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ALKAMI TECHNOLOGY, INC. [ ALKT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
09/02/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/02/2025		S		20,366(1)	D	$24.76	409,889	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

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.

Remarks:

	/s/ Douglas A. Linebarger, as Attorney-in-Fact for W. Bryan Hill	09/04/2025
	** Signature of Reporting Person	Date
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.

FAQ

What did ALKT insider W. Bryan Hill report on Form 4?

He reported selling 20,366 shares of Alkami Technology common stock in a sell-to-cover transaction tied to RSU tax withholding.

At what price were the ALKT shares sold by the insider?

The shares were reported sold at $24.76 per share.

How many ALKT shares does the reporting person own after the transaction?

409,889 shares were reported as beneficially owned following the sale.

Was the insider sale discretionary or part of a tax withholding?

The filing states the sale was a sell-to-cover to satisfy tax withholding on vested RSUs and not a discretionary transaction.

What is the reporting person's role at ALKT?

W. Bryan Hill is the Chief Financial Officer and a director of Alkami Technology, Inc.