Form 4: Alkami Technology CEO Alex Shootman Sells 75,000 Shares

Alkami Technology's CEO, Alex Shootman, sold 75,000 shares of common stock at a weighted average price of $39.2822 per share.

Summary

• Alex Shootman, CEO of Alkami Technology, sold 75,000 shares of common stock on November 27, 2024.
• The shares were sold at a weighted average price of $39.2822.
• The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on August 19, 2024.
• Following the transaction, Mr. Shootman directly owns 981,207 shares of Alkami Technology stock.

Sentiment

Score: 5

Explanation: The document reflects a routine stock sale by an executive under a pre-arranged plan, which is neither positive nor negative for the company's outlook.

Industry Context

This is a routine transaction for a company executive and is not unusual. It is common for executives to use 10b5-1 plans to manage their stock sales.

Comparison to Industry Standards

• Executive stock sales are a common occurrence in publicly traded companies.
• Rule 10b5-1 plans are a standard method for executives to sell shares while avoiding accusations of insider trading.
• The volume of shares sold is not unusual for a CEO of a company of Alkami's size.

Stakeholder Impact

• The sale may have a minor impact on the stock price, but it is unlikely to be significant given the pre-planned nature of the transaction.

Key Dates

Keywords

Alkami Technology, Alex Shootman, stock sale, insider trading, Rule 10b5-1, executive transaction