Kim Hyong 4

What Happened
Kim Hyong, Chief Medical Officer of Alignment Healthcare (ALHC), sold 18,404 shares on 2026-03-18 in an open‑market transaction. The reported weighted‑average sale price was $17.84 per share (range $17.40–$18.24 across multiple trades), producing proceeds of approximately $328,327. The filing indicates this sale was to cover tax withholding on vested restricted stock units and was not a discretionary trade.

Key Details

• Transaction date: 2026-03-18; Form 4 filed 2026-03-19 (filed the next day; within the usual 2‑business‑day window).
• Shares sold: 18,404; weighted‑average price: $17.84; price range: $17.40–$18.24. Total proceeds ≈ $328,327.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes: F1 — sale was to satisfy tax withholding for RSU vesting (non‑discretionary). F2 — reported price is a weighted average; seller can provide a per‑trade breakdown on request.
• Transaction code: S (sale); tax‑withholding disposition (often reported with code F for tax withholding in some filings).

Context
Sales to cover tax withholding when restricted stock units vest are routine and do not necessarily signal a view on the company’s prospects. Purchases by insiders tend to be more informative about positive sentiment; this transaction should be interpreted as a standard tax‑related disposition rather than an active investment decision.