Alignment Healthcare (ALHC) COO Sebastian Burzacchi Sells Shares

What Happened
Sebastian Burzacchi, COO (Mgmt Services Org) of Alignment Healthcare (ALHC), sold 15,361 shares on 2026-03-18 in an open-market/private sale for total proceeds of approximately $274,040. The filing reports a weighted-average price of $17.84 per share. The sale was executed to satisfy tax-withholding obligations tied to the vesting of restricted stock units and is not a discretionary trade by the reporting person.

Key Details

• Transaction date: 2026-03-18; Form 4 filed: 2026-03-19 (filed one day after the transaction, within the typical two-business-day window).
• Shares sold: 15,361; weighted-average price: $17.84; proceeds: ~$274,040. Reported per-share price range: $17.40–$18.24 (multiple sale tranches).
• Shares owned after the transaction: not reported in the provided filing details.
• Footnotes: F1 — sale was to cover tax withholding for RSU vesting (not a discretionary sale). F2 — price is weighted-average; reporting person can provide per-tranche prices on request.
• Transaction type: Sale (code S); tax-withholding disposition (non-discretionary).

Context
Sales to cover tax on vested RSUs are common and typically reflect routine administrative actions rather than a change in an insider’s view of the company. This was not an options exercise, gift, or a 10% owner transaction. Retail investors should view this as a routine withholding sale unless further insider activity or company developments provide additional context.