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 their beneficial ownership of Alkami Technology, Inc. common stock, including a deferral of shares and indirect ownership through related investment funds.

Summary

• Brian R. Smith, a director and 10% owner of Alkami Technology, Inc., filed a Form 4 detailing changes in beneficial ownership.
• The report indicates that Smith elected to defer receipt of 666 shares of common stock under the 2021 Incentive Award Plan on April 5, 2024.
• The filing also reflects indirect ownership of 18,532,824 shares held by S3 Ventures Fund III, L.P.
• S3 Ventures GPLP III, L.P. is the general partner of S3 Ventures Fund III, L.P., and S3 Ventures III, L.L.C. is the General Partner of S3 Ventures GPLP III, L.P.
• Brian R. Smith is the Managing Director of S3 Ventures III, L.L.C., and may be deemed to have beneficial ownership of the shares held by S3 Ventures Fund III.
• Smith disclaims beneficial ownership of these shares except to the extent of his pecuniary interest.
• The transactions were reported on April 8, 2024.

Sentiment

Score: 5

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

Industry Context

Form 4 filings are standard disclosures required by the SEC for insiders of publicly traded companies, providing transparency into their transactions and holdings.

Key Dates