Form 4: Alkami Technology Director Defers Receipt of 301 Shares Under Incentive Plan

Alkami Technology, Inc. Director and 10% Owner Steven R. Mitchell elected to defer the receipt of 301 shares of common stock under the company's 2021 Incentive Award Plan, effective July 5, 2025.

Summary

• Steven R. Mitchell, a Director and 10% Owner of Alkami Technology, Inc. (ALKT), acquired 301 shares of common stock.
• The transaction date for this acquisition is July 5, 2025, with a reported price of $0 per share.
• The shares were acquired as a deferral of receipt under the terms of the 2021 Incentive Award Plan.
• Following this reported transaction, Steven R. Mitchell directly beneficially owns 84,869 shares of common stock.
• Additionally, 2,521,611 shares are indirectly beneficially owned through ARG Private Equity II, LLC ("APE II"), where Mr. Mitchell serves as an adviser and disclaims beneficial ownership except to the extent of his pecuniary interest therein.

Sentiment

Score: 7

Explanation: The acquisition of shares by a director, even if deferred and part of an incentive plan, generally indicates continued commitment and alignment with shareholder interests. While not a direct cash purchase, it adds to the insider's stake and is a positive signal.

Positives

• Director Steven R. Mitchell is increasing his direct beneficial ownership in the company, which aligns his interests with those of shareholders.
• The acquisition of shares through deferral under an incentive plan indicates continued commitment and participation by a key insider.

Future Outlook

NA

Industry Context

This transaction is an internal corporate governance matter related to executive compensation and insider ownership within Alkami Technology, a financial technology company. It reflects a director's continued equity stake rather than a broader industry trend or performance metric.

Stakeholder Impact

• Shareholders: The increase in director ownership, even through deferred shares, can be viewed positively as it further aligns the director's financial interests with the long-term performance of the company and its shareholders.

Key Dates

Recommendation

Keywords

Alkami Technology, ALKT, Steven R. Mitchell, SEC Form 4, Insider Transaction, Share Acquisition, Deferred Shares, Director Ownership, Equity Incentive Plan, Beneficial Ownership