Form 4: Alignment Healthcare CFO Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Robert Thomas Freeman, CFO of Alignment Healthcare, sold 6,744 shares of common stock on March 27, 2025, to cover tax withholding obligations related to vesting restricted stock units.
Summary
- Robert Thomas Freeman, the Chief Financial Officer of Alignment Healthcare, Inc. (ALHC), reported a transaction involving the sale of company stock.
- On March 27, 2025, Freeman sold 6,744 shares of common stock at a weighted-average price of $17.89.
- The sale was executed to cover tax withholding obligations associated with the vesting of restricted stock units and does not represent a discretionary trade.
- Following the transaction, Freeman directly owns 1,464,419 shares of Alignment Healthcare, Inc.
- Freeman also indirectly owns 92,929 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.
Sentiment
Score: 5
Explanation: The document is a routine disclosure of a stock sale to cover tax obligations. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders, like the CFO, trade their company's stock. These filings provide transparency to the market regarding insider transactions.
Stakeholder Impact
- The sale of shares by an insider could be perceived negatively by some shareholders, although the explanation provided mitigates this concern.
Key Dates
| Date | Description |
|---|---|
| 03/27/2025 | Date of stock sale transaction. |
| 03/28/2025 | Date of signature on the Form 4 filing. |
Keywords
Alignment Healthcare, ALHC, Robert Thomas Freeman, CFO, stock sale, Form 4, tax withholding, restricted stock units, FCO Holdings LLC
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