Alignment Healthcare Form 144 Shows $5.25M Sale and 596,000 Pre‑IPO Share Block

Form 144 is a notice filed with the SEC when insiders plan to sell restricted or control shares under Rule 144. Rule 144 permits affiliates to sell unregistered shares after meeting a holding period and volume limits. A 10b5‑1 plan lets insiders pre‑arrange trades to avoid accusations of insider trading.

On April 7, 2026, 250,000 shares were sold for $5,252,900, implying a price of about $21.01 per share. Alignment Healthcare (ticker: ALHC) closed at $21.01 on April 8, 2026, up 3.2% from the prior close, with a market capitalization of roughly $4.1 billion. The filing also notes a block of 596,000 shares originally issued before the IPO in exchange for partnership units.

The sale price aligns closely with the market price, indicating the shares were sold at prevailing rates rather than a discount. Using a 10b5‑1 plan suggests the seller intended to diversify holdings while complying with insider‑trading rules. The pre‑IPO share block reflects early‑stage compensation for partnership contributions.