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

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

Summary

• This Form 4 filing reports changes in beneficial ownership of Alkami Technology, Inc. (ALKT) shares by Brian R. Smith, S3 Ventures Fund III, L.P., S3 Ventures III, L.L.C., and S3 Ventures GPLP III, L.P.
• On April 5, 2025, Brian R. Smith deferred receipt of 719 shares under the 2021 Incentive Award Plan.
• Following the reported transaction, Brian R. Smith directly owns 542,440 shares of Common Stock.
• S3 Ventures Fund III, L.P. directly holds 14,218,240 shares.
• S3 Ventures GPLP III, L.P. is the general partner of S3 Fund III, and 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 and may be deemed to have beneficial ownership of the shares held by S3 Fund III, but he disclaims beneficial ownership except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, so the sentiment is neither positive nor negative.

Industry Context

This filing is a routine disclosure related to changes in ownership by significant shareholders and a director, which is common for publicly traded companies. It provides transparency to the market regarding insider activity.

Comparison to Industry Standards

• Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, as mandated by the SEC.
• The level of detail provided in this filing is consistent with regulatory requirements and industry norms for such disclosures.
• Similar filings are made by insiders of comparable technology companies whenever there are changes in their holdings.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the ownership structure of the company.
• The deferral of shares by Brian R. Smith may have a minor impact on the immediate availability of shares in the market.

Key Dates

Keywords

beneficial ownership, Form 4, Alkami Technology, S3 Ventures, Brian R. Smith, shares, ALKT