Form 4: Alkami Technology Executive Stephen Bohanon Executes Stock Options and Sells Shares

Stephen Bohanon, Chief Strategy & Product Officer of Alkami Technology, exercised stock options and sold shares on August 29, 2024.

Summary

• On August 29, 2024, Stephen Bohanon, Chief Strategy & Product Officer of Alkami Technology, exercised stock options to acquire 31,739 shares of common stock at a price of $15.46 per share.
• On the same day, Bohanon sold 31,739 shares at a weighted average price of $33.5817, with individual sales ranging from $33.50 to $33.78.
• Additionally, Bohanon sold 4,154 shares at $33.6979 per share.
• Following these transactions, Bohanon directly owns 403,786 shares and indirectly owns 678,232 shares.
• The indirect ownership includes 339,116 shares held by Botech Trust, where Bohanon is the trustee, and 339,116 shares held by KBCouture Trust, where Bohanon's spouse is the trustee.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment about the company's performance.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Investors often monitor these filings to gauge management's sentiment about the company's prospects.

Comparison to Industry Standards

• Insider trading activity is a common occurrence in publicly listed companies like Alkami Technology.
• Comparable companies such as Jack Henry & Associates and Fiserv also experience similar Form 4 filings related to stock options and share sales by their executives.
• The reported transactions are within the typical range observed for executive compensation and portfolio management.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership structure.
• The impact on employees, customers, suppliers, and creditors is likely negligible.

Key Dates