Jeffrey H. Margolis - 06 Dec 2023 Form 4 Insider Report for Alignment Healthcare, Inc. (ALHC)

Role
Director
Signature
/s/ Christopher J. Joyce, as Attorney-in-Fact, for Jeffrey H. Margolis
Issuer symbol
ALHC
Transactions as of
06 Dec 2023
Net transactions value
-$9,600
Form type
4
Filing time
07 Dec 2023, 08:00:07 UTC
Previous filing
13 Nov 2023
Next filing
15 Dec 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALHC Common Stock Sale $9,600 -1,200 -0.29% $8.00 418,333 06 Dec 2023 See Footnote F1, F2
holding ALHC Common Stock 74,451 06 Dec 2023 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person.
F2 Represents securities held by the Margolis Family trust 12/23/98, of which Mr. Margolis is the trustee.