Form 4: Alkami Technology Executive Stephen Bohanon Sells Shares

Stephen Bohanon, Chief Strategy & Product Officer of Alkami Technology, Inc., sold a portion of his holdings in common stock on September 6, 2024, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• On September 6, 2024, Stephen Bohanon, Chief Strategy & Product Officer of Alkami Technology, Inc., executed sales of Alkami Technology, Inc. common stock.
• The sales were conducted under a Rule 10b5-1 trading plan.
• A total of 15,058 shares were sold at a weighted average price of $29.602, with individual transactions ranging from $29.23 to $30.215.
• An additional 3,334 shares were sold at a weighted average price of $30.6881, with individual transactions ranging from $30.24 to $31.10.
• Following these transactions, Bohanon directly owns 369,789 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 SEC filing detailing insider trading activity. The sentiment is neutral as it simply reports facts without expressing any opinion or forward-looking statements.

Industry Context

Insider sales are a common occurrence, and the use of a 10b5-1 plan suggests the sales were pre-planned and not based on any specific non-public information. Investors often monitor insider transactions for signals about a company's prospects, but pre-planned sales are generally viewed as less informative.

Stakeholder Impact

• The sale of shares by a company executive could be perceived negatively by some shareholders, although the existence of a 10b5-1 plan mitigates this concern.

Key Dates