Form 4: Alkami Technology Executive Stephen Bohanon Sells Shares Under 10b5-1 Trading Plan

Stephen Bohanon, Chief Strategy & Product Officer of Alkami Technology, sold shares of common stock on June 6, 2024, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• On June 6, 2024, Stephen Bohanon, the Chief Strategy & Product Officer of Alkami Technology, sold 19,460 shares of common stock at a weighted average price of $26.8861.
• An additional 2,711 shares were sold at $26.8 on the same day.
• These sales were executed under a Rule 10b5-1 trading plan.
• Following these transactions, Bohanon directly owns 407,940 shares and indirectly owns 678,232 shares.
• The indirectly held shares are held by Botech Trust and KBCouture Trust.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard disclosure of stock sales under a pre-arranged trading plan.

Industry Context

This is a routine disclosure of insider trading activity. The use of a 10b5-1 plan suggests the sales were pre-planned and not based on current market information.

Stakeholder Impact

• The stock sale could have a minor negative impact on shareholder sentiment, but the use of a 10b5-1 plan mitigates concerns about insider information.

Key Dates