Form 4: Alkami CEO Alex Shootman Executes Tax Withholding Sale
Statement of Changes in Beneficial Ownership
Alkami Technology CEO Alex Shootman disposed of 5,205 shares to satisfy tax obligations related to restricted stock unit vesting.
Summary
- CEO Alex Shootman sold 5,205 shares of Alkami Technology (ALKT) common stock on June 1, 2026.
- The transaction was executed at a price of $18.95 per share.
- The sale was conducted to satisfy tax withholding obligations associated with the vesting and settlement of restricted stock units.
- Following this transaction, the CEO maintains a beneficial ownership of 1,206,990 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as it represents a routine tax-related transaction rather than a change in the executive's outlook on the company.
Positives
- The transaction was a routine administrative action for tax compliance rather than a discretionary market sale.
- The CEO retains a significant equity stake of 1,206,990 shares in the company.
Negatives
- The transaction resulted in a reduction of the CEO's direct share ownership.
Risks
- None identified; this is a standard regulatory disclosure for executive compensation tax settlement.
Future Outlook
No forward-looking guidance provided in this filing.
Industry Context
StockSavvy.ai notes that this filing is a standard administrative disclosure common in the software and fintech sectors, where equity-based compensation is a primary tool for executive retention.
Comparison to Industry Standards
- The practice of withholding shares to satisfy tax obligations upon RSU vesting is a standard industry practice for publicly traded technology companies.
- The transaction size is immaterial relative to the CEO's total holdings, consistent with typical executive compensation structures.
Stakeholder Impact
- Minimal impact on shareholders as the transaction was for tax compliance purposes.
Key Dates
| Date | Description |
|---|---|
| 06/01/2026 | Date of the transaction involving the withholding of shares. |
| 06/03/2026 | Date the Form 4 was signed and filed with the SEC. |
Keywords
Alkami Technology, ALKT, Insider Trading, Form 4, Executive Compensation, Tax Withholding
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