Robert Thomas Freeman - 04 Mar 2025 Form 4 Insider Report for Alignment Healthcare, Inc. (ALHC)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
06 Mar 2025, 19:28:57 UTC
Prior SEC filing
13 Nov 2024
Next SEC filing
13 Mar 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Christopher J. Joyce, as Attorney-in-Fact, for Robert Thomas Freeman

Key filing fact

Robert Thomas Freeman filed Form 4 for Alignment Healthcare, Inc. (ALHC) on 06 Mar 2025.

Key facts

  • This page summarizes Robert Thomas Freeman's Form 4 filing for Alignment Healthcare, Inc. (ALHC).
  • 3 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 06 Mar 2025, 19:28.

Change

  • Previous filing in this sequence was filed on 13 Nov 2024.
  • Current net transaction value: -$7,285,896.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ALHC transaction

Common Stock

Award

Transaction value
$0
Shares
+1,020,442
Change %
+118%
Price
$0.000000
Shares after
1,885,849
Date
04 Mar 2025
Ownership
Direct
Footnotes
F1
ALHC transaction

Common Stock

Sale

Transaction value
$3,895,775
Shares
-250,000
Change %
-13%
Price
$15.58
Shares after
1,635,849
Date
04 Mar 2025
Ownership
Direct
Footnotes
F2, F3
ALHC transaction

Common Stock

Sale

Transaction value
$3,390,121
Shares
-218,295
Change %
-13%
Price
$15.53
Shares after
1,417,554
Date
06 Mar 2025
Ownership
Direct
Footnotes
F4, F5
ALHC holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
92,929
Date
04 Mar 2025
Ownership
See Footnote
Footnotes
F6
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 6 footnotes

Footnote F1

Represents shares of common stock that were acquired upon the certification by the Compensation Committee of the Alignment Healthcare, Inc. Board of Directors of the achievement of the performance objectives under performance share units ("PSUs") granted on September 14, 2023. The PSUs were scheduled to vest only if and to the extent that certain performance objectives (health plan revenue growth percentage, at-risk returning member medical benefit ratio and adjusted EBITDA, less capital expenditures) met or exceeded specified targets. In the aggregate, the performance objectives were achieved above target. Fifty percent (50%) of the granted PSUs were fully vested on the reported date of acquisition and fifty percent (50%) will become vested on December 31, 2025, subject to the reporting person's continued service to the Company on such vesting date.

Footnote F2

Date of adoption of Rule 10b5-1 plan: 11/25/2024

Footnote F3

The reported price in column 4 is a weighted-average price. Shares were sold in multiple transactions at a per share price ranging from $15.06 to $15.86. The reporting person undertakes to provide to Alignment Healthcare, Inc., any security holder of Alignment Healthcare, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range.

Footnote F4

Represents the number of shares required to be sold by the reporting person to cover tax withholding obligations in connection with the vesting of PSUs. This transaction does not represent a discretionary trade by the reporting person.

Footnote F5

The reported price in column 4 is a weighted-average price. Shares were sold in multiple transactions at a per share price ranging from $15.12 to $16.065. The reporting person undertakes to provide to Alignment Healthcare, Inc., any security holder of Alignment Healthcare, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range.

Footnote F6

Represents securities held by FCO Holdings LLC, a limited liability company owned by FCO Holdings Trust One, an irrevocable trust of which Mr. Freeman is an indirect beneficiary.

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