General Atlantic Increases Stake in Alkami Technology to 18.1% via Open Market Purchases
General Atlantic, L.P. and its affiliated reporting persons filed Amendment No. 3 to their Schedule 13D for Alkami Technology, Inc. (ALKT) on May 15, 2026. The filing reveals that the group significantly increased its position through a series of open market purchases and block trades. Specifically, between May 12 and May 14, 2026, the reporting persons acquired 1,975,000 additional shares at weighted average prices ranging from $16.49 to $16.87 per share. Following these transactions, the group collectively beneficially owns 19,420,994 shares of common stock, representing approximately 18.1% of the company's outstanding shares based on 107,019,174 shares reported as of March 31, 2026. The reporting persons include various General Atlantic funds and coinvestment vehicles, all controlled by the Partnership Committee of GASC MGP, LLC. The purchases were made for investment purposes, and the reporting persons share voting and dispositive power over the securities. This filing follows previous amendments in March and early May 2026, marking a continued accumulation of the issuer's equity.