Shootman Alex 4
4 · ALKAMI TECHNOLOGY, INC. · Filed Mar 10, 2026
Research Summary
AI-generated summary of this filing
Alkami CEO Alex Shootman Sells 10,876 Shares
What Happened
Alex Shootman, CEO of Alkami Technology, sold 10,876 shares on 2026-03-09 at $16.59 per share, generating proceeds of $180,433. The Form 4 indicates the sale was a "sell-to-cover" to satisfy tax withholding obligations tied to the vesting and settlement of RSUs, not a discretionary market sale.
Key Details
- Transaction date: 2026-03-09; Filing date: 2026-03-10 (filed timely).
- Price per share: $16.59; Shares sold: 10,876; Proceeds: $180,433.
- Transaction type: Sale (S) — reported as open market or private sale; footnote F1 states sale was to cover tax withholding on vested RSUs.
- Shares owned after transaction: Not disclosed in this filing.
- No 10b5-1 plan or other trading plan referenced in this filing.
Context
"Sell-to-cover" transactions are routine when restricted stock units vest and taxes are due; they typically reflect tax obligations rather than a signal about the insider's view of the company. Purchases tend to be more informative about insider conviction.
Insider Transaction Report
Form 4
Shootman Alex
DirectorChief Executive Officer
Transactions
- Sale
Common Stock
[F1]2026-03-09$16.59/sh−10,876$180,433→ 1,210,974 total
Footnotes (1)
- [F1]The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of RSUs. The sale was to satisfy tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person.
Signature
/s/ Douglas A. Linebarger, as Attorney-in-Fact for Alex Shootman|2026-03-10