Form 4: Alkami Technology Executive Stephen Bohanon Reports Stock Transactions

Stephen Bohanon, Chief Strategy & Product Officer of Alkami Technology, reports the disposition of 3,280 shares of common stock to cover tax obligations, while also reporting holdings through trusts.

Summary

• On May 15, 2024, Stephen Bohanon, Chief Strategy & Product Officer of Alkami Technology, Inc. (ALKT), reported a transaction involving the disposition of 3,280 shares of common stock at a price of $26.02.
• This transaction was executed to cover tax obligations related to vesting restricted stock units.
• Following the transaction, Bohanon directly owns 449,552 shares and indirectly owns 678,232 shares through trusts.
• The indirect holdings include 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.
• Bohanon also acquired 1,855 shares under the company's employee stock purchase plan.

Sentiment

Score: 5

Explanation: Neutral sentiment as the filing represents routine transactions related to stock-based compensation and does not indicate a significant shift in the executive's holdings or outlook.

Positives

• Bohanon's participation in the employee stock purchase plan indicates confidence in the company's future.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders (officers, directors, or those holding more than 10% of the company's shares) buy or sell the company's securities. These filings provide transparency to the market regarding insider activity.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on stakeholders as it is a routine transaction.

Key Dates