Form 4: Alignment Healthcare CIO Sells Shares to Cover Tax Obligations

Robert L. Scavo, Chief Information Officer of Alignment Healthcare, sold shares of common stock to cover tax withholding obligations related to vested stock awards.

Summary

• Robert L. Scavo, the Chief Information Officer of Alignment Healthcare, sold shares of the company's common stock on March 18 and 19, 2025.
• The sales were executed to cover tax withholding obligations associated with the vesting of restricted stock units and the grant of immediately vested common stock.
• On March 18, 2025, 3,923 shares were sold at a weighted-average price of $16.8906 per share.
• On March 19, 2025, two transactions occurred: 4,634 shares were sold at a weighted-average price of $16.088 per share, and 2,600 shares were sold at a weighted-average price of $16.9588 per share.
• Following these transactions, Scavo directly owns 705,817 shares of Alignment Healthcare common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating routine stock sales for tax purposes. It doesn't inherently convey positive or negative sentiment about the company's prospects.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors to gauge management's sentiment and potential future performance.

Stakeholder Impact

• The stock sales by the CIO could have a minor, short-term impact on the stock price, but are unlikely to significantly affect long-term shareholder value.

Key Dates

Keywords

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