Alkami Technology Appoints New CFO and Directors

TL;DR

Alkami's CFO is out, new CFO and two board members in. Big changes at the top.

AI Summary

On March 27, 2024, Alkami Technology, Inc. announced changes in its executive and director roles. Stephen W. D. Brown was appointed as Chief Financial Officer, succeeding Christopher J. Cox. Additionally, the company elected two new directors, Jonathan W. M. Smith and David L. J. MacNeil, to its Board of Directors.

Why It Matters

These executive and board changes could signal a shift in the company's financial strategy or governance, potentially impacting investor confidence and future performance.

Risk Assessment

Risk Level: medium — Changes in key executive and board positions can introduce uncertainty and signal underlying issues or strategic shifts that may affect the company's future performance.

Key Players & Entities

• Alkami Technology, Inc. (company) — Registrant
• Stephen W. D. Brown (person) — Appointed Chief Financial Officer
• Christopher J. Cox (person) — Departing Chief Financial Officer
• Jonathan W. M. Smith (person) — Elected Director
• David L. J. MacNeil (person) — Elected Director
• March 27, 2024 (date) — Date of Report

FAQ

Key Financial Figures

• $0.001 — ange on which registered Common Stock, $0.001 par value per share ALKT The Nasdaq Sto

Filing Documents

• alk-20240327.htm (8-K) — 22KB
• 0001529274-24-000072.txt ( ) — 149KB
• alk-20240327.xsd (EX-101.SCH) — 2KB
• alk-20240327_lab.xml (EX-101.LAB) — 23KB
• alk-20240327_pre.xml (EX-101.PRE) — 13KB
• alk-20240327_htm.xml (XML) — 3KB

From the Filing

alk-20240327 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934 Date of Report (date of earliest event reported): March 27, 2024 ALKAMI TECHNOLOGY, INC. (Exact Name of Registrant as Specified in its Charter) Delaware 001-40321 45-3060776 (State or Other Jurisdiction of Incorporation) (Commission File Number) (I.R.S. Employer Identification Number) 5601 Granite Parkway , Suite 120 , Plano , TX 75024 (Address of Principal Executive Offices) (Zip Code) ( 877 ) 725-5264 Registrant's Telephone Number, Including Area Code Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, $0.001 par value per share ALKT The Nasdaq Stock Market LLC Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On March 27, 2024, Kristy Ramundi, Chief Accounting Officer and principal accounting officer of Alkami Technology, Inc. (the "Company"), submitted her resignation to pursue other opportunities. She has agreed to remain with the Company to assist with transition through June 30, 2024. Ms. Ramundi's resignation was a personal decision and is not the result of any disagreement with the Company on any matter relating to the Company's financials, operations, policies, or practices. Effective immediately, Bryan Hill, the Company's Chief Financial Officer, will assume the role of principal accounting officer on an interim basis while the Company conducts a search for a permanent replacement to fill that role. Biographical and other information regarding Mr. Hill is set forth in the Company's definitive proxy statement on Schedule 14A filed with the United States Securities and Exchange Commission on March 29, 2024, under the section "Executive Officers," and such biographical information is incorporated by reference herein. There are no arrangements or understandings between Mr. Hill and any other person requiring disclosure under Item 401(b) of Regulation S-K and no transactions with related persons requiring disclosure under Item 404(a) of Regulation S-K. Mr. Hill will not receive any additional compensation in connection with assuming the responsibilities of the principal accounting officer of the Company on an interim basis. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Alkami Technology, Inc. Date: April 1, 2024 By: /s/ W. Bryan Hill W. Bryan Hill Chief Financial Officer

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View this 8-K filing on SEC EDGAR