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

Robert L. Scavo, Chief Information Officer of Alignment Healthcare, sold 2,864 shares of common stock to cover tax withholding obligations related to vesting restricted stock units.

Summary

• On March 27, 2025, Robert L. Scavo, the Chief Information Officer of Alignment Healthcare, sold 2,864 shares of the company's common stock.
• The sale was executed at a weighted-average price of $17.89 per share.
• The shares were sold to cover tax withholding obligations associated with the vesting of restricted stock units.
• Following the transaction, Scavo still beneficially owns 702,953 shares of Alignment Healthcare.
• The sale was not a discretionary trade by the reporting person.

Sentiment

Score: 6

Explanation: The document describes a routine transaction (selling shares to cover taxes). It's neutral in tone and doesn't suggest any significant positive or negative sentiment regarding the company's prospects.

Industry Context

Sales of shares to cover tax obligations upon vesting of restricted stock units are a common practice among corporate executives. This transaction is a routine part of executive compensation and does not necessarily indicate a change in the executive's confidence in the company.

Stakeholder Impact

• The sale of shares by an executive could have a minor, temporary impact on the stock price, but is unlikely to have a significant long-term effect on shareholders.
• The transaction does not directly impact employees, customers, suppliers, or creditors.

Key Dates

Keywords

Alignment Healthcare, ALHC, Robert L. Scavo, Chief Information Officer, Form 4, Stock Sale, Tax Withholding, Restricted Stock Units, Beneficial Ownership