Form 4: Alkami Technology CFO W. Bryan Hill Disposes of Shares to Cover Tax Obligations
SEC Form 4 Filing
W. Bryan Hill, CFO of Alkami Technology, disposed of 16,537 shares of common stock on June 1, 2024, to satisfy tax withholding obligations.
Summary
- On June 1, 2024, W. Bryan Hill, the Chief Financial Officer of Alkami Technology, Inc. (ALKT), disposed of 16,537 shares of common stock.
- The transaction was executed at a price of $27.43 per share.
- Following the transaction, Hill directly owns 489,340 shares of Alkami Technology common stock.
- The disposition was made to cover tax obligations related to equity awards.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to an insider transaction for tax purposes, which is neither particularly positive nor negative.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders, like the CFO, trade their company's stock. These filings are closely watched by investors for insights into management's perspective on the company's value and future prospects.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposal of shares for tax purposes and does not indicate a change in the CFO's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 06/01/2024 | Date of the transaction where W. Bryan Hill disposed of shares. |
| 06/04/2024 | Date of signature on the Form 4 filing. |
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