Alkami (NASDAQ: ALKT) CLO has 5,819 shares withheld for RSU tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ALKAMI TECHNOLOGY, INC. Chief Legal Officer Douglas A. Linebarger reported a routine tax-related share disposition. On June 1, 2026, 5,819 shares of common stock were withheld by the company at $18.95 per share to cover his tax obligations from vesting restricted stock units. After this withholding, he directly holds 344,646 shares of Alkami common stock. This was not an open-market sale, but an automatic mechanism to satisfy taxes due on equity compensation.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Linebarger Douglas A.
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 5,819 | $18.95 | $110K |
Holdings After Transaction:
Common Stock — 344,646 shares (Direct, null)
Footnotes (1)
- Represents shares withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations in connection with the vesting and settlement of restricted stock units. Includes 1,221 shares acquired under the Issuer's employee stock purchase plan.
Key Figures
Shares withheld for taxes: 5,819 shares
Withholding price: $18.95 per share
Shares held after transaction: 344,646 shares
+2 more
5 metrics
Shares withheld for taxes
5,819 shares
Tax withholding on RSU vesting, June 1, 2026
Withholding price
$18.95 per share
Value used for tax-withholding shares
Shares held after transaction
344,646 shares
Direct Alkami common stock ownership post-transaction
ESPP shares included
1,221 shares
Acquired under employee stock purchase plan
Tax-withholding transactions
1 transaction, 5,819 shares
Current Form 4 summary
Key Terms
restricted stock units, tax withholding obligations, employee stock purchase plan, Common Stock
4 terms
restricted stock units financial
"in connection with the vesting and settlement of restricted stock units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations"
employee stock purchase plan financial
"Includes 1,221 shares acquired under the Issuer's employee stock purchase plan."
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Alkami Technology (ALKT) report for Douglas A. Linebarger?
Alkami Technology reported that Chief Legal Officer Douglas A. Linebarger had 5,819 shares withheld to cover taxes. The shares were tied to vesting restricted stock units, making this an automatic tax-withholding event rather than an open-market share sale.
Was the June 1, 2026 Alkami (ALKT) insider transaction an open-market sale?
No, the June 1, 2026 transaction was not an open-market sale. Shares were withheld by Alkami to satisfy Douglas Linebarger’s tax obligations on vesting restricted stock units, a common administrative step in equity compensation programs.
What do the footnotes in this Alkami (ALKT) Form 4 filing explain?
The footnotes explain that the reported shares were withheld to satisfy tax obligations from restricted stock unit vesting. They also note that Linebarger’s holdings include 1,221 shares acquired through Alkami’s employee stock purchase plan, providing additional detail on his total direct ownership.