GAP Coinvestments CDA, L.P. 4
4 · ALKAMI TECHNOLOGY, INC. · Filed May 6, 2026
Research Summary
AI-generated summary of this filing
Alkami (ALKT) 10% Owner General Atlantic Buys 2,066,543 Shares
What Happened
General Atlantic GenPar (Bermuda), L.P. (reported as a 10% owner through affiliated entities) purchased a total of 2,066,543 shares of Alkami Technology, Inc. (ALKT) in open-market transactions across May 4–6, 2026. The purchases were: 521,771 shares on May 4 at a weighted average price of $16.92 ($8,828,365), 700,000 shares on May 5 at $16.84 ($11,788,000), and 844,772 shares on May 6 at $16.63 ($14,048,558). Total consideration for the three days is approximately $34.7 million. These were purchases (P), which are considered buy activity rather than sales.
Key Details
- Transaction dates and reported weighted-average prices:
- May 4, 2026: 521,771 shares @ $16.92 (range $16.67–$17.18) = $8,828,365
- May 5, 2026: 700,000 shares @ $16.84 (range $16.69–$16.96) = $11,788,000
- May 6, 2026: 844,772 shares @ $16.63 (range $16.60–$16.68) = $14,048,558
- Total acquired: 2,066,543 shares for $34,664,923 ($16.78/share weighted average).
- Beneficial ownership: Footnotes indicate affiliated General Atlantic entities collectively beneficially own roughly 16.6 million Alkami shares across several funds and vehicles (plus some RSUs) — the filing identifies these affiliates as a ~10% owner group.
- Footnotes: Shares were acquired by GA AL Holding II via multiple open-market trades; the prices reported are weighted averages and per-day trade price ranges are disclosed. Detailed breakdowns by individual trade price are available upon request to the issuer or SEC staff (per the filing).
- Timeliness: Form 4 filed May 6, 2026 covering May 4–6 trades — appears timely (Form 4 is generally due within two business days of the transaction).
Context
- This filing documents institutional open-market purchases by a large private-equity/venture investor group, not an individual corporate executive. Institutional buys can signal accumulation but do not by themselves indicate management sentiment.
- No options exercises, awards, gifts, or tax-withholding events are reported here — all items are purchases (transaction code P).
- The filing includes detailed ownership structure notes showing many affiliated funds and GP entities; the group relationship may affect how beneficial ownership is reported under SEC rules.
Insider Transaction Report
Form 4
GENERAL ATLANTIC GENPAR (BERMUDA), L.P.
Director10% Owner
Transactions
- Purchase
Common Stock, par value $0.001 per share ("Common Stock")
[F1][F4][F5][F6][F7][F8]2026-05-04$16.92/sh+521,771$8,828,365→ 15,901,222 total(indirect: See footnote) - Purchase
Common Stock
[F2][F4][F5][F6][F7][F8]2026-05-05$16.84/sh+700,000$11,788,000→ 16,601,222 total(indirect: See footnote) - Purchase
Common Stock
[F3][F4][F5][F6][F7][F8]2026-05-06$16.63/sh+844,772$14,048,558→ 17,445,994 total(indirect: See footnote)
Footnotes (8)
- [F1]The shares of Common Stock were acquired by GA AL Holding II, L.P., a Bermuda limited partnership ("GA AL Holding II"), pursuant to an open market purchase of 521,771 shares on May 4, 2026. The price reported in Column 4 is a weighted average price. These shares were acquired in multiple transactions at prices ranging from $16.67 to $17.18, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) through (3) this Form 4.
- [F2]The shares of Common Stock were acquired by GA AL Holding II pursuant to an open market purchase of 700,000 shares on May 5, 2026. The price reported in Column 4 is a weighted average price. These shares were acquired in multiple transactions at prices ranging from $16.69 to $16.96, inclusive.
- [F3]The shares of Common Stock were acquired by GA AL Holding II pursuant to an open market purchase of 844,772 shares on May 6, 2026. The price reported in Column 4 is a weighted average price. These shares were acquired in multiple transactions at prices ranging from $16.60 to $16.68, inclusive.
- [F4]Consists of (a) 2,573,839 shares held by General Atlantic (AL), L.P ("GA AL"), (b) 2,346,162 shares held by GA AL Holding, L.P. ("GA AL Holding"), (c) 7,071,479 shares held by General Atlantic (AL) SPV, L.P. ("GA AL SPV"), (d) 4,567,786 shares held by GA AL II Holding and (e) 34,731 shares and 7,225 restricted stock units held by Raphael Osnoss, who is an employee of General Atlantic Service Company, L.P. ("GASC"), solely for the benefit of GASC. The following investment funds share beneficial ownership of the common shares held of record by GA AL, GA AL SPV, GA AL Holding and GA AL Holding II: General Atlantic Partners (Bermuda) EU, L.P. ("GAP Bermuda EU"), General Atlantic Partners (Lux) SCSp ("GAP Lux"), GAP Coinvestments III, LLC ("GAPCO III"), GAP Coinvestments IV, LLC ("GAPCO IV"), GAP Coinvestments V, LLC ("GAPCO V") and GAP Coinvestments CDA, L.P. (Cont'd in FN5)
- [F5](Cont'd from FN4) ("GAPCO CDA"). The following investment funds also share beneficial ownership of the common shares held of record by GA AL and GA AL SPV: General Atlantic Partners 100, L.P. ("GAP 100").
- [F6]The following investment funds also share beneficial ownership of the common shares held of record by GA AL Holding and GA AL II Holding: General Atlantic Partners (Bermuda) IV, L.P. ("GAP Bermuda IV"). The following investment funds also share beneficial ownership of the common shares held of record by GA AL SPV: GA AL. The following investment funds also share beneficial ownership of the common shares held of record by GA AL Holding II: GAP Coinvestments PE Holdco, L.P. ("GAP PE Holdco") and GAP Coinvestments PE, L.P. ("GAP PE"). GAP 100, GAP Bermuda EU, GAP Lux are collectively referred to as the "GA Funds." GAPCO III, GAPCO IV, GAPCO V and GAPCO CDA are collectively referred to as the "Sponsor Coinvestment Funds." The general partner of GA AL and GA AL SPV is General Atlantic (SPV) GP, LLC ("GA SPV GP"). (Cont'd in FN7)
- [F7](Cont'd from FN6) The general partner of GAP Lux is General Atlantic GenPar (Lux) SCSp ("GA GenPar Lux"), and the general partner of GA GenPar Lux is General Atlantic (Lux) S.a r.l. ("GA Lux"). The general partner of GA AL Holding and GA AL Holding II is General Atlantic (SPV) (Bermuda) GP, LLC ("GA SPV Bermuda"). The general partner of GAP Bermuda EU, the general partner of GAP Bermuda IV, the sole member of GA SPV Bermuda and the sole shareholder of GA Lux is General Atlantic GenPar (Bermuda), L.P. ("GenPar Bermuda").
- [F8]General Atlantic, L.P. ("GA LP"), which is controlled by the Partnership Committee of GASC MGP, LLC (the "GA Partnership Committee"), is the managing member of GAPCO III, GAPCO IV, and GAPCO V, the general partner of GAPCO CDA, and is the sole member of GA SPV GP and GAP Holdings GP ("GAP Holdings GP, LLC"). GAP (Bermuda) LP. ("GAP Bermuda"), which is also controlled by the Partnership Committee, is the general partner of GenPar Bermuda. The general partner of GAP 100 is GA GenPar, and the general partner of GA GenPar is GA LP. GAP Holdings GP is the general partner of GAP Coinvestments PE Holdco GP, L.P., which is the general partner of GAP PE Holdco. GAP Holdings GP is the sole member of GAP Coinvestments PE GP, LLC, which is the general partner of GAP PE. There are six members of the GA Partnership Committee. Each of the members of the GA Partnership Committee disclaims ownership of the shares except to the extent that he has a pecuniary interest therein.