Scavo Robert L. 4

What Happened

• Robert L. Scavo, Chief Information Officer of Alignment Healthcare, sold a total of 4,044 common shares in open-market transactions on March 12, 2026. The filings report 3,799 shares disposed at a weighted-average price of $17.48 (proceeds reported $66,391) and 245 shares disposed at a weighted-average price of $16.99 (proceeds reported $4,163). Total proceeds were roughly $70,554.
• According to the filing, the larger sale represents shares sold to cover tax withholding on restricted stock unit (RSU) vesting and was not a discretionary sale by the reporting person.

Key Details

• Transaction date: 2026-03-12; Form 4 filed: 2026-03-13 (timely).
• Shares sold: 3,799 @ weighted-average $17.48 (reported range $17.035–$18.03) and 245 @ weighted-average $16.99 (reported range $16.92–$17.03).
• Total shares sold: 4,044; total reported proceeds: ~$70,554.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Notable footnotes:
  • F1: Sale to cover tax withholding on RSU vesting (not a discretionary trade).
  • F2/F3: Reported prices are weighted averages; per-share prices within reported ranges can be provided upon request to the company, shareholders, or the SEC.

Context

• Sales to cover tax withholding on vested RSUs are common and typically reflect administrative needs rather than a CEO/CIO decision to reduce exposure. Such transactions are less informative about an insider’s view of the company than purchases.
• Retail investors often treat purchases as a stronger signal; this filing documents routine, non-discretionary sales tied to compensation tax obligations.