Alkami Technology (ALKT) CAO sells 1,101 shares in tax withholding trade
Rhea-AI Filing Summary
Alkami Technology, Inc.'s Chief Accounting Officer reported a small stock sale related to equity compensation. On 12/02/2025, the officer sold 1,101 shares of common stock at $20.34 per share. According to the disclosure, this sale was made solely to cover tax withholding obligations tied to the vesting and settlement of restricted stock units, and is described as not being a discretionary trade. After this transaction, the officer beneficially owned 64,960 shares of Alkami Technology common stock.
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FAQ
What insider transaction did Alkami Technology (ALKT) report in this Form 4?
The filing reports that the Chief Accounting Officer of Alkami Technology, Inc. sold 1,101 shares of common stock on 12/02/2025.
At what price were the Alkami Technology (ALKT) shares sold in this insider transaction?
The 1,101 shares of Alkami Technology common stock were sold at a price of $20.34 per share.
Why did the Alkami Technology (ALKT) officer sell 1,101 shares?
The filing states the sale was made to cover tax withholding obligations arising from the vesting and settlement of RSUs, using a "sell to cover" transaction and not as a discretionary trade.
How many Alkami Technology (ALKT) shares does the reporting person own after the sale?
Following the reported transaction, the officer beneficially owned 64,960 shares of Alkami Technology common stock.
What is the role of the reporting person at Alkami Technology (ALKT)?
The reporting person is identified as an officer of Alkami Technology, Inc., serving as the Chief Accounting Officer.
Does this Alkami Technology (ALKT) Form 4 indicate a discretionary stock sale by the officer?
No. The explanation states the sale was conducted to satisfy tax withholding obligations through a "sell to cover" arrangement and "does not represent a discretionary transaction" by the reporting person.