Form 4: Director Steven R. Mitchell Reports Changes in Beneficial Ownership of Alkami Technology, Inc. Shares

Steven R. Mitchell, a director of Alkami Technology, Inc., reported changes in his beneficial ownership of the company's common stock on July 5, 2024, including the acquisition of 311 shares through deferred receipt and indirect ownership of 2,521,611 shares held by ARG Private Equity II, LLC.

Summary

• On July 5, 2024, Steven R. Mitchell, a director of Alkami Technology, Inc. (ALKT), reported changes in his beneficial ownership of the company's common stock.
• Mitchell acquired 311 shares of common stock through deferred receipt under the 2021 Incentive Award Plan at a price of $0.
• He also has indirect beneficial ownership of 2,521,611 shares held by ARG Private Equity II, LLC (APE II).
• Mitchell serves as an adviser to APE II and may be deemed to have beneficial ownership of these shares, but he disclaims beneficial ownership except to the extent of his pecuniary interest.
• Following the reported transactions, Mitchell directly owns 76,527 shares of common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it primarily reports a transaction by a company director. The acquisition of shares could be seen as slightly positive, but it's a routine filing.

Positives

• The acquisition of shares, even through deferred receipt, indicates a continued investment in the company by a director.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.

Key Dates