Form 4: Alignment Healthcare COO Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Sebastian Burzacchi, COO of Alignment Healthcare, sold shares to cover tax withholding obligations related to vesting restricted stock units.
Summary
- Sebastian Burzacchi, the COO of Management Services Organization at Alignment Healthcare, sold shares of common stock on March 19, 2025.
- The sales were executed in two transactions to cover tax withholding obligations associated with the vesting of restricted stock units.
- In the first transaction, 4,288 shares were sold at a weighted-average price of $16.088, with individual share prices ranging from $15.73 to $16.72.
- The second transaction involved the sale of 2,406 shares at a weighted-average price of $16.9588, with individual share prices ranging from $16.73 to $17.12.
- Following these transactions, Burzacchi directly owns 250,378 shares of Alignment Healthcare common stock.
Sentiment
Score: 5
Explanation: The document reflects a routine transaction (selling shares to cover taxes) and doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
Form 4 filings are standard practice and provide transparency into the trading activities of company insiders. These filings are closely watched by investors for signals about management's confidence in the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 03/19/2025 | Date of stock sale transactions. |
Keywords
Alignment Healthcare, ALHC, Sebastian Burzacchi, COO, stock sale, Form 4, tax withholding, restricted stock units, insider trading
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