GAP Coinvestments CDA, L.P. 4
4 · ALKAMI TECHNOLOGY, INC. · Filed May 14, 2026
Research Summary
AI-generated summary of this filing
Alkami (ALKT) General Atlantic GenPar (10% Owner) Buys 1.975M Shares
What Happened
- General Atlantic GenPar (Bermuda), L.P., a 10% owner through affiliated funds, acquired 1,975,000 shares of Alkami Technology (ALKT) in open-market purchases across May 12–14, 2026. Transactions: 750,000 shares @ $16.87 (May 12, ~$12.65M), 550,000 shares @ $16.63 (May 13, ~$9.15M), and 675,000 shares @ $16.49 (May 14, ~$11.13M). Total cash outlay ≈ $32.93M. These were purchases (transaction code P), which are generally considered a bullish signal versus sales.
Key Details
- Transaction dates & reported weighted-average prices:
- May 12, 2026: 750,000 shares @ $16.87 (range $16.82–$16.91)
- May 13, 2026: 550,000 shares @ $16.63 (range $16.51–$16.72)
- May 14, 2026: 675,000 shares @ $16.49 (range $16.33–$16.62)
- Total shares purchased: 1,975,000; approximate total value: $32,929,750.
- Beneficial ownership details (per filing footnotes): GA AL Holding II and related General Atlantic entities hold multi‑millions of ALKT shares (e.g., GA AL Holding II reported 7,387,558 shares), and several affiliated funds share beneficial ownership. See footnotes for the full ownership structure.
- Filing: Reported on May 14, 2026 for transactions through May 12–14 — filed within the typical Form 4 reporting window (timely).
- Transaction type: Open-market purchases (P). No options exercised, awards, gifts, or tax withholding noted.
Context
- This was institutional buying by a large investment group (General Atlantic and affiliated funds), not an individual executive. Institutional purchases can reflect confidence from an investment firm but do not necessarily indicate insider knowledge. The filing provides weighted-average prices and ranges; the reporting person offers to supply per-trade price breakdowns on request.
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]2026-05-12$16.87/sh+750,000$12,652,500→ 18,195,994 total(indirect: See footnote) - Purchase
Common Stock
[F2][F4][F5][F6][F7][F8]2026-05-13$16.63/sh+550,000$9,146,500→ 18,745,994 total(indirect: See footnote) - Purchase
Common Stock
[F3][F4][F5][F6][F7][F8]2026-05-14$16.49/sh+675,000$11,130,750→ 19,420,994 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 750,000 shares on May 12, 2026. The price reported in Column 4 is a weighted average price. These shares were acquired in multiple transactions at prices ranging from $16.82 to $16.91, 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 550,000 shares on May 13, 2026. The price reported in Column 4 is a weighted average price. These shares were acquired in multiple transactions at prices ranging from $16.51 to $16.72, inclusive.
- [F3]The shares of Common Stock were acquired by GA AL Holding II pursuant to an open market purchase of 675,000 shares on May 14, 2026. The price reported in Column 4 is a weighted average price. These shares were acquired in multiple transactions at prices ranging from $16.33 to $16.62, 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) 7,387,558 shares held by GA AL Holding II 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 Holding II: 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) GP (Bermuda), 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.