GAP Coinvestments CDA, L.P. 4

What Happened
General Atlantic GenPar (Bermuda), L.P., a reported 10% owner of Alkami Technology, bought 500,000 shares of ALKT in an open-market purchase on March 12, 2026. The trades were executed in multiple transactions at prices ranging $18.30–$18.36; the weighted average price reported was $18.33, for a total cash outlay of approximately $9,165,000. This filing reports an institutional purchase (code P).

Key Details

• Transaction date: March 12, 2026 (filed March 16, 2026 — timely).
• Price: weighted average $18.33; individual trades ranged $18.30–$18.36.
• Shares acquired: 500,000 (open-market purchase) — total ≈ $9.17 million.
• Acquired by: GA AL Holding II, L.P. (per footnote).
• Reported aggregate holdings: footnotes list beneficial holdings across affiliated General Atlantic entities totaling roughly 15.37M shares (plus 7,225 RSUs); the 500,000 were acquired by an affiliated vehicle.
• Notable footnotes: complex family of General Atlantic funds/GPS may be deemed a “group”; each reporting person disclaims beneficial ownership of shares not directly owned; full per-price breakdown available upon request to the SEC/issuer.
• Filing timeliness: appears timely (filed within required SEC window).
• Context: this was an institutional open-market purchase by a 10% owner (an investment firm), not an individual company executive — purchases by institutions can indicate added exposure but do not disclose motivation.

Context: For retail investors, this is a straightforward institutional buy by a major shareholder. It increases the stake held by an affiliated General Atlantic vehicle and is recorded in the Form 4 with standard group/beneficial-ownership disclosures.