Alex Shootman Sells 75,000 Alkami Tech Shares for $1.9mln on August 27, 2025.
ByAinvest
Thursday, Aug 28, 2025 6:49 pm ET1min read
ALKT--
Following the transaction, Shootman directly owns 839,493 shares of Alkami Technology. The sale was made under a Rule 10b5-1 trading plan, which allows executives to sell shares without being accused of insider trading. This type of plan is designed to prevent executives from making trades based on material nonpublic information.
The sale of shares by the CEO is a common practice among publicly traded companies and does not necessarily indicate a negative outlook on the company's future. It could simply be a part of Shootman's overall investment strategy or a response to changes in his personal financial situation.
Investors should closely monitor Alkami Technology's financial performance and other market indicators to gauge the impact of this transaction on the company's stock price. As always, it is crucial to consider multiple factors when making investment decisions.
References:
[1] https://www.tradingview.com/news/tradingview:6cac788c36dc2:0-alkami-technology-ceo-alex-shootman-sells-75-000-shares/
Alkami Technology, Inc. (ALKT) disclosed that Director and Chief Executive Officer, Shootman Alex, sold 75,000 shares at a price of $25.2 per share on August 27, 2025.
Alkami Technology, Inc. (ALKT) recently disclosed that its Director and Chief Executive Officer, Alex Shootman, sold 75,000 shares of common stock on August 27, 2025. The shares were sold at a weighted average price of $25.1954, with individual transactions ranging from $24.84 to $25.36 per share. The total sale amount was $1,889,655 [1].Following the transaction, Shootman directly owns 839,493 shares of Alkami Technology. The sale was made under a Rule 10b5-1 trading plan, which allows executives to sell shares without being accused of insider trading. This type of plan is designed to prevent executives from making trades based on material nonpublic information.
The sale of shares by the CEO is a common practice among publicly traded companies and does not necessarily indicate a negative outlook on the company's future. It could simply be a part of Shootman's overall investment strategy or a response to changes in his personal financial situation.
Investors should closely monitor Alkami Technology's financial performance and other market indicators to gauge the impact of this transaction on the company's stock price. As always, it is crucial to consider multiple factors when making investment decisions.
References:
[1] https://www.tradingview.com/news/tradingview:6cac788c36dc2:0-alkami-technology-ceo-alex-shootman-sells-75-000-shares/

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