SMITH BRIAN R

Director Smith sold 2.88M shares for $107.8M at $37.50, reducing stake 16.8% in four transactions

Director Brian R Smith executed 4 separate sales totaling 2,875,000 shares (2.88M shares) for $107,812,500.00 ($107.8M) on 2024-11-08 and 2024-11-12, at a blended average price of $37.50. This represents a material reduction in his holdings from 17,093,240 shares (17.09M) to 14,218,240 shares (14.22M), a net decrease of 16.8%. His prior two sales at ALKT (both on 2024-08-08) posted 90-day returns of +27.9%, indicating those earlier sells were poorly timed as the stock rose after sale. The current stock price of $37.60 is near the transaction price and -5.7% from its 52-week high of $39.86, while the company reported revenue of $85,906,000.00 ($85.9M) (latest quarter) but net income of $-9,442,000.00 ($-9.4M), remaining unprofitable on a full-year basis despite +29.6% annual revenue growth. The magnitude and systematic execution of this sale—occurring across two trading days in four separate tranches—distinguishes it from routine portfolio adjustments.

Director Brian R Smith sold 1,666,667 shares (1.67M) for $51,950,010.39 at ALKT on 2024-08-08

Brian R Smith, a Director at ALKAMI TECHNOLOGY, executed 2 separate sales totaling 1,666,667 shares for $51,950,010.39 at $31.17 per share, reducing his holdings by 9.0% from 18,616,157 to 16,949,490 shares. The scale of this divestiture—over $52M in gross proceeds—represents a material reduction in his ownership stake. The transaction occurs in a context where the company is growing revenues at +29.6% annually but remains unprofitable with net income of $-12,317,000.00 in the latest quarter, suggesting execution or burn-rate concerns despite top-line expansion. The stock is trading near its 52-week high, having gained +24.6% over 90 days, which marks a point of elevated valuation relative to recent momentum.