Form 4: Alkami Technology Executive Douglas A. Linebarger Reports Stock Disposal

Douglas A. Linebarger, Chief Legal Officer of Alkami Technology, Inc., reported disposing of 3,222 shares of common stock on March 1, 2024, to cover tax obligations.

Summary

• On March 1, 2024, Douglas A. Linebarger, the Chief Legal Officer of Alkami Technology, Inc. (ALKT), disposed of 3,222 shares of common stock.
• The transaction was executed at a price of $24.8 per share.
• Following the transaction, Linebarger directly owns 262,749 shares of Alkami Technology, Inc.
• The disposal was related to covering tax obligations.

Sentiment

Score: 5

Explanation: This is a routine disclosure of an insider transaction, specifically to cover tax obligations. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

Form 4 filings are standard disclosures required by the SEC when corporate insiders, like officers and directors, trade their company's stock. These filings provide transparency to the market regarding insider transactions.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a small percentage of the total outstanding shares.

Key Dates