Form 4: Alignment Healthcare CFO Sells Shares in Recent Transactions

Robert Thomas Freeman, CFO of Alignment Healthcare, recently sold shares of the company's common stock in a series of transactions.

Summary

• Robert Thomas Freeman, the Chief Financial Officer of Alignment Healthcare, Inc. (ALHC), reported the sale of common stock on September 4th and 5th, 2024.
• On September 4, 2024, Freeman sold 1,640 shares at $10 and 10 shares at $10.01.
• On September 5, 2024, Freeman sold 4,789 shares at a weighted-average price of $10.0048, with prices ranging from $10.00 to $10.08.
• Following these transactions, Freeman indirectly owns 407,990 shares through FCO Holdings LLC, a limited liability company owned by FCO Holdings Trust One, an irrevocable trust of which Mr. Freeman is an indirect beneficiary.
• Freeman also directly owns 865,407 shares.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it simply reports stock sales by an executive. Further context is needed to determine if this is a positive or negative signal.

Industry Context

Insider selling is a common occurrence, and the market typically interprets it in the context of the individual's overall holdings and the company's performance. It's important to consider the size of the sale relative to Freeman's total holdings.

Stakeholder Impact

• Shareholders may react to the news of insider selling, although the impact is likely to be minimal given the relatively small number of shares sold compared to the total outstanding.

Key Dates