Form 4: Alignment Healthcare CFO Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Robert Thomas Freeman, CFO of Alignment Healthcare, sold shares to cover tax withholding obligations related to vested stock.
Summary
- Robert Thomas Freeman, the CFO of Alignment Healthcare, sold shares of common stock on March 18 and 19, 2025.
- The sales were executed to cover tax withholding obligations related to the grant of immediately vested common stock and the vesting of restricted stock units.
- On March 18, 2025, 13,815 shares were sold at a weighted average price of $16.8906 per share.
- On March 19, 2025, two transactions occurred: 7,324 shares were sold at a weighted average price of $16.088 per share, and 4,108 shares were sold at a weighted average price of $16.9588 per share.
- Following these transactions, Freeman directly owns 1,471,163 shares of Alignment Healthcare common stock and indirectly owns 92,929 shares through FCO Holdings LLC.
Sentiment
Score: 6
Explanation: The document is neutral as it reports routine stock sales for tax purposes. It doesn't indicate any significant positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of the stock market, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The stock sales could have a minor impact on shareholders due to the increased supply of shares in the market, but the impact is likely to be minimal given the purpose of the sales.
Key Dates
| Date | Description |
|---|---|
| 03/13/2025 | Grant date of immediately vested common stock. |
| 03/17/2025 | Form 4 filed with the SEC reporting the grant of immediately vested common stock. |
| 03/18/2025 | Sale of 13,815 shares of common stock at an average price of $16.8906. |
| 03/19/2025 | Sale of 7,324 shares of common stock at an average price of $16.088 and sale of 4,108 shares of common stock at an average price of $16.9588. |
Keywords
Form 4, ALHC, Alignment Healthcare, Robert Thomas Freeman, CFO, Stock Sale, Tax Obligations, Insider Trading
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