Initial RSU Award for Common Stock

Jeffrey H. Fox, a director at ALKAMI TECHNOLOGY, INC., received an initial Restricted Stock Unit (RSU) award for 20,323 shares of Common Stock on May 19, 2026. The award vests in three equal tranches on each anniversary of the grant date, with full vesting on the third anniversary. Mr. Fox elected to defer the receipt of these shares under the company's 2021 Incentive Plan. This transaction is reported on Form 4, with the signature date of May 21, 2026. The shares are held directly.