Form 4: Alignment Healthcare President Sells 30,000 Shares Under 10b5-1 Plan
SEC Form 4 Filing
Dawn Christine Maroney, President of Alignment Healthcare, sold 30,000 shares of common stock at a weighted average price of $13.6128 per share on January 15, 2025, under a pre-arranged 10b5-1 trading plan.
Summary
- Dawn Christine Maroney, President of Alignment Healthcare, executed a sale of 30,000 common stock shares on January 15, 2025.
- The sale was conducted under a pre-arranged Rule 10b5-1 trading plan adopted on March 13, 2024.
- The shares were sold at a weighted average price of $13.6128 per share.
- The sale price ranged from $13.40 to $13.91 per share.
- Following the transaction, Ms. Maroney directly owns 1,606,097 shares of Alignment Healthcare common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a routine stock sale by an executive under a pre-arranged plan. It does not suggest any positive or negative sentiment.
Industry Context
This is a routine filing related to insider trading activity and is common for executives who have pre-arranged trading plans. It does not indicate any specific trend in the healthcare industry.
Comparison to Industry Standards
- Executive stock sales are a common occurrence in publicly traded companies, especially under pre-arranged 10b5-1 plans.
- The volume of shares sold is not unusual for an executive of Ms. Maroney's position.
- Comparable companies often see similar filings from their executives.
Stakeholder Impact
- The sale of shares by an executive may have a minor impact on shareholder sentiment, but is unlikely to have a significant effect due to the pre-arranged nature of the transaction.
Key Dates
| Date | Description |
|---|---|
| 03/13/2024 | Date of adoption of the Rule 10b5-1 trading plan. |
| 01/15/2025 | Date of the stock sale transaction. |
| 01/17/2025 | Date of the Form 4 filing. |
Keywords
Form 4, SEC Filing, Insider Trading, Stock Sale, Rule 10b5-1, Alignment Healthcare, ALHC, Dawn Christine Maroney
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