GENERAL ATLANTIC, L.P. 4
Research Summary
AI-generated summary
Alkami (ALKT) 10% Owner General Atlantic Buys 1.975M Shares
What Happened
General Atlantic, L.P. (a reported 10% owner) made three open‑market purchases of Alkami Technology (ALKT) common stock between May 12–14, 2026, acquiring a total of 1,975,000 shares for approximately $32,929,750. Transactions reported: 750,000 shares at a weighted avg $16.87 on May 12 ($12.65M), 550,000 shares at $16.63 on May 13 ($9.15M), and 675,000 shares at $16.49 on May 14 (~$11.13M). These are purchases (institutional buy activity), which retail investors often view as more informational than routine insider sales.
Key Details
- Transaction dates & reported weighted-average prices:
- May 12, 2026 — 750,000 shares @ $16.87 (weighted avg); prices in underlying trades ranged $16.82–$16.91 (F1).
- May 13, 2026 — 550,000 shares @ $16.63 (weighted avg); underlying trades ranged $16.51–$16.72 (F2).
- May 14, 2026 — 675,000 shares @ $16.49 (weighted avg); underlying trades ranged $16.33–$16.62 (F3).
- Total purchased: 1,975,000 shares for ~$32.93 million.
- Reported holdings (related GA entities, per footnote F4): combined record holdings listed total 19,413,769 shares of common stock, plus 7,225 restricted stock units (per the detailed footnotes).
- Footnotes describe complex fund/group relationships (F4–F8); General Atlantic entities may be deemed a "group" under the Exchange Act (see Remarks).
- Filing: Form 4 filed May 14, 2026 reporting trades through May 14; no late‑filing notation in the provided data.
Context
This was institutional open‑market buying by a 10% owner and not an executive/individual officer trade. Footnotes show multiple General Atlantic entities and co-investment funds share beneficial ownership; the filing includes an offer to provide transaction‑by‑transaction prices within the reported ranges on request. Institutional purchases can be informative to retail investors, but they do not by themselves prove future stock performance.