Form 4: Alignment Healthcare President Dawn Maroney Sells Shares to Cover Tax Obligations

Dawn Maroney, President of Alignment Healthcare, sold shares of common stock on March 12, 2025, to cover tax withholding obligations related to the vesting of restricted stock units.

Summary

• On March 12, 2025, Dawn Maroney, the President of Alignment Healthcare, sold shares of the company's common stock.
• A total of 27,243 shares were sold in two separate transactions.
• The first transaction involved the sale of 26,858 shares at a weighted-average price of $15.4231 per share, with individual prices ranging from $14.72 to $15.715.
• The second transaction involved the sale of 385 shares at a weighted-average price of $15.7379 per share, with individual prices ranging from $15.72 to $15.76.
• These sales were executed to cover tax withholding obligations associated with the vesting of restricted stock units and do not represent discretionary trades by Maroney.
• Following these transactions, Maroney still beneficially owns 2,276,732 shares of Alignment Healthcare common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating a routine transaction to cover tax obligations. It doesn't inherently convey positive or negative sentiment.

Industry Context

Sales of shares to cover tax obligations upon vesting of restricted stock units are a common practice among corporate executives.

Stakeholder Impact

• The sale of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to be significant given the stated reason for the sale.

Key Dates