Form 4: Alkami Technology Executive Stephen Bohanon Sells Shares After Option Exercise

Alkami Technology's Chief Strategy & Product Officer, Stephen Bohanon, exercised stock options and sold shares on November 22, 2024.

Summary

• Stephen Bohanon, Chief Strategy & Product Officer at Alkami Technology, exercised stock options to acquire 62,043 shares of common stock at a price of $15.46 per share on November 22, 2024.
• Following the exercise, Mr. Bohanon sold 62,043 shares at a weighted average price of $40.7519 per share, with individual sales ranging from $40.75 to $40.88.
• An additional 2,562 shares were sold at $40.75 per share.
• After these transactions, Mr. Bohanon directly owns 373,695 shares and indirectly owns 678,232 shares through trusts.

Sentiment

Score: 5

Explanation: The document is a neutral report of insider transactions, with no indication of positive or negative sentiment. It is a routine filing.

Industry Context

This is a routine filing related to insider transactions and is common for executives who hold stock options. It does not indicate any specific trend in the industry.

Comparison to Industry Standards

• Executive stock option exercises and subsequent sales are a common practice across publicly traded companies.
• The reported transactions are consistent with standard procedures for insider trading disclosures.
• Similar filings are regularly made by executives at comparable technology companies.

Stakeholder Impact

• The transactions may have a minor impact on the stock price due to the sale of shares by an executive.
• The transactions do not have a direct impact on employees, customers, or suppliers.

Key Dates

Keywords

insider trading, stock options, share sale, executive, Alkami Technology, ALKT, beneficial ownership