Form 4: Alkami Technology Director Brian R. Smith Reports Share Transactions

Brian R. Smith, a director at Alkami Technology, reported acquiring 411 shares and holding 14,218,240 shares indirectly through related entities.

Summary

• Brian R. Smith, a director and 10% owner of Alkami Technology, Inc., filed a Form 4 detailing changes in his beneficial ownership of the company's stock.
• On January 5, 2025, Mr. Smith acquired 411 shares of common stock, which he elected to defer receipt of under the 2021 Incentive Award Plan.
• He also directly holds 541,721 shares of common stock.
• Additionally, Mr. Smith indirectly holds 14,218,240 shares through S3 Ventures Fund III, L.P., where he is a managing director of the general partner.
• These indirect holdings are also attributed to S3 Ventures GPLP III, L.P. and S3 Ventures III, L.L.C., with Mr. Smith disclaiming beneficial ownership except for his pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, and does not indicate any positive or negative sentiment.

Industry Context

Form 4 filings are a standard part of regulatory compliance for company insiders, providing transparency into their transactions and holdings. This filing is typical for directors and significant shareholders.

Comparison to Industry Standards

• Form 4 filings are a standard practice for publicly traded companies in the US, ensuring transparency of insider transactions.
• The reporting of both direct and indirect holdings is consistent with SEC regulations.
• The use of a deferral plan for share acquisition is a common practice in executive compensation.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.
• The information is relevant to investors tracking insider ownership and potential market movements.

Key Dates

Keywords

Form 4, Beneficial Ownership, Alkami Technology, Brian R. Smith, S3 Ventures, Share Transactions, Director, Incentive Award Plan