Form 4: Alkami Technology Chief Legal Officer Reports Stock Disposal
SEC Form 4 Filing
Douglas A. Linebarger, Chief Legal Officer of Alkami Technology, Inc., reported the disposal of 6,425 shares of common stock on June 1, 2024, to cover tax obligations.
Summary
- On June 4, 2024, a Form 4 filing was submitted to the SEC by Douglas A. Linebarger, the Chief Legal Officer of Alkami Technology, Inc.
- The filing reports a transaction that occurred on June 1, 2024, where 6,425 shares of Alkami Technology's common stock were disposed of at a price of $27.43 per share.
- This disposal was likely to cover tax obligations related to vesting of restricted stock units.
- Following the transaction, Linebarger directly owns 255,555 shares of Alkami Technology's common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, and the transaction itself is not indicative of positive or negative sentiment. It's a neutral disclosure of stock disposal.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares by an officer.
Key Dates
| Date | Description |
|---|---|
| 06/01/2024 | Date of stock disposal transaction. |
| 06/04/2024 | Date of Form 4 filing. |
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