Form 4: Alkami Technology Chief Legal Officer Douglas A. Linebarger Reports Stock Transactions

Douglas A. Linebarger, Chief Legal Officer of Alkami Technology, Inc., reported the acquisition and disposal of common stock and stock options on March 14 and 15, 2024.

Summary

• On March 14, 2024, Douglas A. Linebarger exercised options to acquire 33,593 shares of Alkami Technology common stock at a price of $1.70 per share.
• On the same day, Linebarger sold 33,593 shares at a weighted average price of $23.5889, with individual sales ranging from $23.50 to $23.74.
• On March 15, 2024, Linebarger exercised options to acquire 4,362 shares at $1.70 per share.
• Also on March 15, 2024, Linebarger sold 4,362 shares at a weighted average price of $23.5045, with individual sales ranging from $23.50 to $23.52.
• Following these transactions, Linebarger directly owns 262,749 shares of Alkami Technology common stock and holds options to purchase 21,045 more shares.

Sentiment

Score: 5

Explanation: This Form 4 filing is a neutral event, simply reporting stock transactions by an officer. It doesn't inherently indicate positive or negative sentiment about the company's future.

Industry Context

This filing is a routine disclosure of insider transactions, which are common occurrences in publicly traded companies. Investors often monitor these filings for insights into management's perspective on the company's stock.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.

Key Dates