Form 4: ALHC CIO Sells Shares for Tax Obligations

Alignment Healthcare's Chief Information Officer, Robert L. Scavo, sold 29,535 shares of common stock on September 10, 2025, to cover tax withholding obligations related to restricted stock unit vesting.

Summary

• Robert L. Scavo, Chief Information Officer of Alignment Healthcare, Inc. (ALHC), sold a total of 29,535 shares of common stock.
• The sales occurred on September 10, 2025, and were executed under a Rule 10b5-1(c) plan.
• One block of 21,123 shares was sold at a weighted-average price of $16.2293, with prices ranging from $15.74 to $16.735.
• A second block of 8,412 shares was sold at a weighted-average price of $16.8555, with prices ranging from $16.74 to $17.24.
• These transactions were non-discretionary, solely to cover tax withholding obligations associated with the vesting of restricted stock units.
• Following these transactions, Robert L. Scavo beneficially owns 572,555 shares of common stock directly.

Sentiment

Score: 5

Explanation: The transaction is a routine, non-discretionary sale of shares to cover tax obligations upon the vesting of restricted stock units, which is a common practice for executive compensation and does not reflect a change in the executive's investment sentiment towards the company.

Positives

• The underlying event, the vesting of restricted stock units, indicates the executive is receiving compensation and remaining with the company.

Future Outlook

NA

Management Comments

• Represents the number of shares required to be sold by the reporting person to cover tax withholding obligations in connection with the vesting of restricted stock units. This transaction does not represent a discretionary trade by the reporting person.

Industry Context

NA

Stakeholder Impact

• Shareholders: The sale represents a minor dilution of outstanding shares, but the non-discretionary nature mitigates concerns about executive sentiment. The underlying RSU vesting could be seen as a positive for executive retention.

Key Dates

Recommendation

This Form 4 filing details a routine, non-discretionary sale of shares by a Chief Information Officer to cover tax obligations associated with the vesting of restricted stock units. Such transactions are common and do not typically signal a change in the executive's confidence in the company's future prospects. Therefore, this specific filing alone does not provide a basis for a 'buy' or 'sell' recommendation, and a 'hold' stance is appropriate as it maintains the current investment position without new information to warrant a change.

Keywords

Alignment Healthcare, ALHC, Robert L. Scavo, Chief Information Officer, Insider Trading, Form 4, Stock Sale, Restricted Stock Units, Tax Withholding, Executive Compensation