Monitor for any upcoming earnings pre-announcement or material corporate development that may have prompted this concentrated C-suite selling. While the dollar amount is modest relative to market cap, the fact that both the CEO and President sold on the same day at the same price suggests coordination. Watch for any 8-K filings or guidance changes in the next 2-4 weeks.
Price Chart
Executive Summary
CEO John Kao and President Dawn Maroney sold a combined $6.44M in open-market sales on September 11, 2026, with Kao also selling an additional $2.24M on September 10. This cluster of C-suite selling represents approximately 0.25% of ALHC's $2.6B market cap, a modest but notable amount. The sales are not part of a regular 10b5-1 pattern based on the data provided, and the timing ahead of any upcoming catalyst warrants attention, though insider sales are generally less predictive than buys per academic literature.
Key Financial Metrics
Key Facts
- CEO John Kao sold 385,270 shares at $12.68 on 2026-09-11 for $4.89M
- CEO John Kao sold 172,600 shares at $12.96 on 2026-09-10 for $2.24M
- President Dawn Maroney sold 122,707 shares at $12.68 on 2026-09-11 for $1.56M
- Total cluster value: $6.44M (0.25% of $2.6B market cap)
- No 10b5-1 plan pattern evident in the data; sales are open-market
Financial Impact
C-suite sold $6.44M in open-market sales, representing 0.25% of market cap
Risk Factors
- Insider sales may be liquidity-driven or part of pre-arranged plans not disclosed in the filing
- The stock has rallied significantly (historical reports show large positive moves) — insiders may be taking profits
- No immediate negative catalyst identified in the filing
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-ALHC-1789173722077 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 20, 2026 6d ago | Institutional Cluster | $8.44 $8.43 | ▼ −0.12% | ▲ +1.06% | $7.89 (−6.52%) |
Oct 19, 2026 7d ago | Press Release | $8.40 $8.51 | ▲ +1.31% | ▲ +0.97% | $7.89 (−6.07%) |
Oct 8, 2026 18d ago | 8-K | $7.55 $8.09 | ▼ −7.22% | ▼ −7.28% | $7.89 (−4.57%) |
Oct 5, 2026 21d ago | SC 13G/A | $8.50 $8.37 | ▼ −1.53% | ▼ −2.08% | $7.89 (−7.18%) |
Sep 18, 2026 5w ago | Insider Cluster | $8.33 $7.99 | ▲ +4.08% | ▲ +4.07% | $7.89 (+5.28%) |
Sep 16, 2026 5w ago | Insider Cluster | $8.70 $8.35 | ▲ +4.02% | ▲ +3.90% | $7.89 (+9.31%) |
Sep 16, 2026 5w ago | 144 | $8.70 $8.35 | ▼ −4.02% | ▼ −3.90% | $7.89 (−9.31%) |
Sep 11, 2026 6w ago | Insider Cluster | $12.94 $10.37 | ▲ +19.86% | ▲ +19.40% | $7.89 (+39.03%) |
Sep 9, 2026 6w ago | 144 | $12.76 $12.61 | ▼ −1.18% | ▼ −2.03% | $7.89 (−38.17%) |
Aug 5, 2026 11w ago | Institutional Cluster | $13.38 $14.37 | ▲ +7.40% | ▲ +6.79% | $7.89 (−41.03%) |
US Market Status
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