Form 4: Alkami Technology Executive Stephen Bohanon Sells Shares to Cover Tax Obligations

Stephen Bohanon, Chief Strategy & Product Officer of Alkami Technology, sold 15,605 shares of common stock to cover tax withholding obligations related to RSU vesting.

Summary

• Stephen Bohanon, Chief Strategy & Product Officer of Alkami Technology, sold 15,605 shares of common stock on September 5, 2024.
• The shares were sold at a price of $31.59 per share.
• The sale was executed to cover tax withholding obligations associated with the vesting and settlement of Restricted Stock Units (RSUs).
• Following the transaction, Bohanon directly owns 388,181 shares of Alkami Technology common stock.
• Bohanon also indirectly owns 678,232 shares through trusts.

Sentiment

Score: 5

Explanation: Neutral sentiment as the filing relates to a routine transaction for tax purposes and doesn't indicate any fundamental change in the company's prospects.

Industry Context

This is a routine Form 4 filing, indicating insider transactions. It's common for executives to sell shares to cover tax obligations when RSUs vest.

Stakeholder Impact

• The sale of shares by an executive could have a minor negative impact on shareholder sentiment, but is unlikely to be significant given the reason for the sale.

Key Dates