Shootman Alex 4

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.