Kim Hyong 4
Research Summary
AI-generated summary
Alignment Healthcare (ALHC) CMO Kim Hyong Sells 35,951 Shares
What Happened
- Kim Hyong, Chief Medical Officer of Alignment Healthcare (ALHC), sold 35,951 shares in an open-market transaction on June 12, 2026. The weighted-average price reported was $19.86 per share, for a total proceeds of approximately $713,947. The filing classifies the transaction as a sale (S).
Key Details
- Transaction date: 2026-06-12; Filing date: 2026-06-15 (filed timely).
- Price: weighted-average $19.86 per share; individual trades ranged from $19.57 to $20.24 (footnote F2).
- Total proceeds: ~$713,947.
- Shares owned after the transaction: not disclosed in the provided filing details.
- Footnotes: F1 notes a Rule 10b5-1 plan adoption date of 03/13/2026; F2 explains the reported price is a weighted average and the seller will provide per-price breakdown on request.
- Transaction type: reported as open-market/private sale (S).
Context
- This was a sale, which is often routine and may reflect planned liquidity rather than a view on company fundamentals. The presence of a Rule 10b5-1 plan (adopted 03/13/2026) indicates the trade was likely pre-scheduled under an established trading plan; such plans allow insiders to sell shares at predetermined times. The filing does not provide the insider's remaining ownership stake.