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Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Checkbox not checked   Rule 13d-1(b)
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X0202 SCHEDULE 13D/A 0000902664-26-001830 0001998597 XXXXXXXX LIVE 1 Common Stock, par value $0.001 per share 05/12/2026 false 0001529274 01644J108 ALKAMI TECHNOLOGY, INC. 5601 GRANITE PARKWAY SUITE 120 PLANO TX 75024 Ele Klein & Brandon Gold 212-756-2000 McDermott Will & Schulte LLP 919 Third Avenue New York NY 10022 0001998597 N JANA Partners Management, LP AF N DE 5339388.00 0.00 5339388.00 0.00 5339388.00 N 4.99 IA PN Common Stock, par value $0.001 per share ALKAMI TECHNOLOGY, INC. 5601 GRANITE PARKWAY SUITE 120 PLANO TX 75024 This Amendment No. 1 ("Amendment No. 1") amends the statement on Schedule 13D filed with the SEC on April 1, 2026 (as amended from time to time, the "Schedule 13D") with respect to the Shares of the Issuer. This Amendment No. 1 amends Items 4 and 5 as set forth below. Capitalized terms used herein and not otherwise defined in this Amendment No. 1 have the meanings set forth in the Schedule 13D. Item 4 is hereby amended and supplemented as follows: The Reporting Person reduced its ownership of the Issuer to below the reporting threshold to allow for private discussions with the Board regarding specific potential value maximizing opportunities. Item 5(a) is hereby amended and restated in its entirety as follows: See rows (11) and (13) of the cover page to this Schedule 13D for the aggregate number of Shares and percentage of Shares beneficially owned by the Reporting Person. The aggregate percentage of Shares reported to be beneficially owned by the Reporting Person is based upon 107,019,174 Shares outstanding as of March 31, 2026, as reported in the Issuer's Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2025, filed with the SEC on April 30, 2026. Item 5(b) is hereby amended and restated in its entirety as follows: See rows (7) through (10) of the cover page to this Schedule 13D for the number of Shares as to which the Reporting Person has the sole or shared power to vote or direct the vote and sole or shared power to dispose or to direct the disposition. Item 5(c) is hereby amended and supplemented as follows: All transactions in the Shares effected by the Reporting Person since the filing of the Schedule 13D, which were all in the open market, are set forth in Schedule A and are incorporated herein by reference. Item 5(e) is hereby amended and restated in its entirety as follows: May 8, 2026. JANA Partners Management, LP /s/ Jennifer Fanjiang Jennifer Fanjiang, Partner, Chief Legal Officer and Chief Compliance Officer 05/12/2026