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

Director Steven R. Mitchell reports acquisition and disposal of Alkami Technology, Inc. stock, including restricted stock units and shares held by ARG Private Equity II, LLC.

Summary

• On May 15, 2024, Steven R. Mitchell, a director of Alkami Technology, Inc., reported changes in his beneficial ownership of the company's stock.
• He acquired 6,853 shares of common stock at $0, and disposed of 76,216 shares of common stock.
• Following these transactions, Mitchell directly owns 0 shares of common stock.
• Mitchell also indirectly owns 2,521,611 shares through ARG Private Equity II, LLC (APE II), where he serves as an advisor.
• The reported transactions include restricted stock units (RSUs) that vest on the earlier of the first anniversary of the grant date or immediately before the Annual Meeting following the grant date, each RSU representing a contingent right to receive one share of common stock.
• Mitchell elected to defer receipt of shares under the terms of the 2021 Incentive Plan.

Sentiment

Score: 5

Explanation: This is a neutral regulatory filing. It simply reports transactions and doesn't inherently indicate positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to the market regarding the actions of company leadership.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.
• It may influence investor perception of the company based on the director's trading activity.

Key Dates