Form 4: S3 Ventures and Brian R. Smith Report Changes in Beneficial Ownership of Alkami Technology, Inc. (ALKT)

Brian R. Smith, along with S3 Ventures entities, reported changes in beneficial ownership of Alkami Technology, Inc. common stock, including the deferral of shares under the 2021 Incentive Award Plan.

Summary

• On October 5, 2024, Brian R. Smith reported changes in his beneficial ownership of Alkami Technology, Inc. common stock.
• Smith elected to defer receipt of 511 shares under the terms of the 2021 Incentive Award Plan.
• Following the transaction, Smith directly owns 785,060 shares of common stock.
• S3 Ventures Fund III, L.P. indirectly holds 16,949,490 shares.
• S3 Ventures GPLP III, L.P. is the general partner of S3 Fund III.
• S3 Ventures III, L.L.C. is the General Partner of S3 GPLP III.
• Brian R. Smith is the Managing Director of S3 III LLC.
• S3 GPLP III, S3 III LLC, and Mr. Smith may be deemed to have beneficial ownership of the shares held by S3 Fund III, but they disclaim beneficial ownership except to the extent of their pecuniary interest.
• The report was filed by Brian R. Smith and on behalf of S3 Ventures Fund III, L.P., S3 Ventures III, L.L.C., and S3 Ventures GPLP III, L.P.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Industry Context

This filing is a routine disclosure related to changes in beneficial ownership by a director and significant shareholder of Alkami Technology, Inc. Such filings are common and provide transparency to the market regarding insider transactions.

Stakeholder Impact

• Shareholders are informed about changes in ownership by a director and significant shareholder.
• The filing provides transparency regarding insider transactions, which can influence investor confidence.

Key Dates