Sachdeva Prerna 4
Research Summary
AI-generated summary
Alkami (ALKT) CAO Prerna Sachdeva Withholds 1,370 Shares for Taxes
What Happened
- Prerna Sachdeva, Chief Accounting Officer of Alkami Technology (ALKT), had 1,370 shares withheld by the company on 2026-06-01 to satisfy tax withholding obligations related to the vesting and settlement of restricted stock units. The shares were valued at $18.95 each, for a total of $25,962. This transaction is a withholding to cover taxes (Form 4 code F), not an open-market sale.
Key Details
- Transaction date and price: 2026-06-01; 1,370 shares withheld at $18.95/share (total $25,962).
- Nature of transaction: Tax withholding on RSU vesting (disposition code F), not a sale or purchase.
- Shares owned after transaction: Not specified in the provided filing.
- Footnote: F1 — shares were withheld by the issuer to satisfy the reporting person’s tax withholding obligations in connection with vesting/settlement of RSUs.
- Filing: Report filed 2026-06-03 (appears to be within the typical two-business-day Form 4 reporting window).
Context
- Withholding to cover taxes on vested restricted stock units is a routine administrative action and generally does not signal an insider’s view of the company’s prospects. It differs from a voluntary sale, which may be more informative about insider sentiment.