Form 4: Alkami Technology CEO Alex Shootman Reports Stock Disposal
SEC Form 4 Filing
Alex Shootman, CEO of Alkami Technology, disposed of 35,867 shares of common stock to cover tax obligations related to equity awards.
Summary
- On June 8, 2024, Alex Shootman, the CEO of Alkami Technology, disposed of 35,867 shares of common stock at a price of $26.91 per share.
- The transaction was executed to satisfy tax obligations related to equity awards.
- Following the transaction, Shootman directly owns 1,243,965 shares of Alkami Technology common stock, which includes 1,855 shares acquired under the Issuer's employee stock purchase plan.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders. This transaction is a common occurrence where executives sell shares to cover tax obligations related to equity compensation.
Stakeholder Impact
- The disposal of shares by the CEO could have a minor impact on shareholder sentiment, but is unlikely to have a significant long-term effect.
Key Dates
| Date | Description |
|---|---|
| 06/08/2024 | Date of stock disposal transaction |
| 06/10/2024 | Date of signature on the Form 4 filing |
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