Hannan Samantha Leigh 4
Research Summary
AI-generated summary
Alliance Laundry (ALH) CLO Samantha Hannan Exercises Options
What Happened
- Samantha Leigh Hannan, Chief Legal Officer & Chief Compliance Officer of Alliance Laundry Holdings (ALH), exercised stock options on January 19, 2026. The reported transactions show the exercise (transaction code M) of a total of 668,100 option shares (multiple tranches) with reported exercise costs totaling $3,952,719.
- To satisfy the exercise price and related withholding taxes (transaction code F), the issuer withheld 364,034 shares with an aggregate reported value of about $8,121,599. After withholding, the insider received approximately 304,066 net shares. No open-market sales to third parties were reported.
Key Details
- Transaction date: 2026-01-19; Form 4 filed 2026-01-21 (appears timely).
- Exercise (M) — 668,100 shares exercised at reported per-share exercise prices (examples shown at $5.79, $5.35, $8.04); aggregate reported exercise cost ≈ $3.95M.
- Withholding/Payment (F) — 364,034 shares withheld at $22.31 (as reported) to cover exercise price and taxes; aggregate value ≈ $8.12M.
- Net shares retained by insider after withholding: ~304,066 shares.
- Footnotes: F1 indicates net share settlement; F2 says shares were withheld to satisfy exercise price and withholding taxes; F3 notes these options derive from the IPO equity plan and resulting shares are subject to the IPO lock-up; F4 indicates options were fully vested.
- Shares owned after the transaction are not provided in the excerpt of the filing.
Context
- This was an option exercise with net-share (cashless) settlement: the issuer withheld a portion of the exercised shares to cover the exercise price and tax withholding rather than the insider paying cash. Per the filing, there was no open-market sale of shares to a third party and the shares are subject to the issuer’s IPO lock-up.