Maroney Dawn Christine 4

What Happened Dawn Christine Maroney, President of Alignment Healthcare (ALHC), exercised 152,068 stock options at a $9.06 strike price (cost ≈ $1,377,736) on July 15, 2026. The exercised shares were disposed (cashless/same-day sale), and she also sold 177,068 shares in an open-market transaction for total proceeds of about $3,687,990 (weighted-average price $20.83). The Form 4 was filed on July 16, 2026, covering the July 15 transactions.

Key Details

• Transaction date: 2026-07-15; Form 4 filed: 2026-07-16 (appears timely).
• Option exercise: 152,068 shares exercised at $9.06 per share; aggregate exercise amount ≈ $1,377,736.
• Dispositions: 152,068 shares from the exercise were disposed (derivative-related); plus 177,068 shares sold in the open market.
• Open-market sale price: weighted-average $20.83 per share; reported range $20.29–$21.14 (footnote F2 — reporting person can supply exact breakdown on request).
• Footnote F1: 10b5-1 trading plan adopted 03/13/2026 (prearranged trading plan).
• Footnote F3: Options originally granted 03/08/2022, vesting 25% on each of the first four anniversaries of the grant.
• Shares owned after the transactions: not disclosed in the provided filing.

Context

• The M transaction code indicates exercise/conversion of a derivative (stock options); because the exercised shares were immediately disposed, this reads as a cashless exercise followed by sale rather than a buy-and-hold purchase.
• The presence of a 10b5-1 plan (adopted 03/13/2026) suggests at least some sales were prearranged according to a trading plan, which is common for scheduled insider sales and can limit inference about near-term sentiment.
• No indication in the provided data that the filing was late or that the reporting person is a >10% owner.