JANA Partners Management, LP filed Amendment No. 2 to its Schedule 13D with the SEC on October 30, 2026, disclosing a reduced beneficial ownership position in Alkami Technology, Inc. common stock as of October 28, 2026.

Key Highlights

  • Beneficial ownership: JANA Partners Management, LP reported aggregate beneficial ownership of 5,335,707 shares of Alkami Technology, Inc. common stock.
  • Percentage of class: The reported position represents 4.98% of shares outstanding, based on 107,042,319 shares outstanding as of September 30, 2026.
  • Sole voting and dispositive power: JANA Partners holds sole voting power and sole dispositive power over all 5,335,707 shares, with no shared voting or dispositive power.
  • Stated purpose: According to the filing, "The Reporting Person reduced its ownership of the Issuer to below the applicable reporting threshold, providing greater flexibility to engage in private discussions with the Board."
  • Triggering event date: The date of the event requiring this filing is October 28, 2026.
  • Open-market transactions: All transactions since the filing of Amendment No. 1 were effected in the open market, as set forth in Schedule A to the filing.

JANA Partners Amends Schedule 13D, Discloses Reduced Position in Alkami Technology

JANA Partners Management, LP, a Delaware-organized investment adviser and pooled investment vehicle, filed Amendment No. 2 to its Schedule 13D on October 30, 2026, with respect to shares of Alkami Technology, Inc. (NASDAQ:ALKT) common stock, par value $0.001 per share (CUSIP: 01644J108). The amendment updates Items 4 and 5 of the original Schedule 13D, which was initially filed with the SEC on June 29, 2026.

According to the filing, JANA Partners now beneficially owns 5,335,707 shares, representing 4.98% of the class. The percentage is calculated using 107,042,319 shares outstanding as of September 30, 2026, as reported in Alkami Technology's Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2026, filed with the SEC on October 29, 2026. The source of funds is listed as "AF" in the filing.

In Item 4, the filing states that JANA Partners reduced its ownership to below the applicable reporting threshold, citing a purpose of gaining flexibility for private discussions with the company's Board. All transactions since Amendment No. 1 were conducted in the open market and are detailed in Schedule A incorporated by reference in the filing. The amendment was signed by Jennifer Fanjiang, Partner, Chief Legal Officer and Chief Compliance Officer of JANA Partners Management, LP, dated October 30, 2026.

What Was Disclosed

JANA Partners Management, LP filed Amendment No. 2 to its Schedule 13D, disclosing beneficial ownership of 5,335,707 shares, or 4.98%, of Alkami Technology, Inc. common stock, with all recent transactions conducted in the open market.