Alight (NYSE: ALIT) plans 1-for-20 reverse stock split effective June 30, 2026
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Alight, Inc. is implementing a 1-for-20 reverse stock split of all classes of its common stock, with a corresponding reduction in authorized shares, following stockholder approval at the 2026 annual meeting. The split is expected to become effective on June 30, 2026 at 5:00 p.m. Eastern Time, with Class A shares trading on a split-adjusted basis on the NYSE under the existing symbol ALIT starting July 1, 2026. No fractional shares will be issued; investors will receive cash in lieu of any fractional share amounts based on the post-split price. Equity-based awards, equity plans and Alight Holding Company LLC units will be proportionately adjusted, and the new CUSIP for Class A common stock will be 01626W 200. The company states that the reverse split is intended to help meet NYSE price criteria for continued listing and support potential inclusion in indexes such as the Russell 3000.
Positive
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Insights
Alight is consolidating its share count via a 1-for-20 reverse split to support NYSE listing compliance.
Alight will reclassify every 20 shares of each common stock class into one share at the effective time on June 30, 2026. This is a structural change to the share count and authorized shares across all common and certain non-voting classes, without altering underlying ownership percentages.
The company states that the reverse stock split is intended to meet the NYSE’s share price criteria for continued listing and to help position the stock for potential inclusion in indexes such as the Russell 3000. Cash will be paid in lieu of fractional shares based on the post-split share price, and outstanding equity awards and Alight Holding Company LLC units will be adjusted proportionately under existing agreements.
Broader effects on trading liquidity or valuation are not detailed here and will depend on market reaction once the Class A shares begin trading on a split-adjusted basis on July 1, 2026. Subsequent company filings may provide more context on post-split share metrics and compliance status with NYSE listing standards.
8-K Event Classification
2 items: 8.01, 9.01
2 items
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Reverse split ratio: 1-for-20
Effective time: 5:00 p.m. ET
Split-adjusted trading start: July 1, 2026
+4 more
7 metrics
Reverse split ratio
1-for-20
Ratio for all classes of common stock
Effective time
5:00 p.m. ET
Reverse split effective on June 30, 2026
Split-adjusted trading start
July 1, 2026
Class A shares trade split-adjusted on NYSE
New CUSIP
01626W 200
Post-reverse split CUSIP for Class A common stock
Annual meeting approval date
June 10, 2026
Stockholders approved the reverse stock split
Listing venue
New York Stock Exchange
ALIT remains listed; split aimed at price criteria
Index reference
Russell 3000
Company cites positioning for potential inclusion
Key Terms
reverse stock split, authorized shares, NYSE’s price criteria for continued listing, fractional shares, +2 more
6 terms
reverse stock split financial
"determine to effectuate a reverse stock split of Alight’s outstanding shares of common stock"
A reverse stock split is when a company reduces the number of its shares outstanding, making each share more valuable. For example, if you own 100 shares worth $1 each, a 1-for-10 reverse split would turn your 100 shares into 10 shares worth $10 each. Companies often do this to boost their stock price and appear more stable to investors.
NYSE’s price criteria for continued listing regulatory
"affirms the Company’s commitment to remain on the NYSE by meeting the NYSE’s price criteria for continued listing"
equity-based awards financial
"Proportionate adjustments will be made to the terms of Alight’s outstanding equity-based awards and equity plans"
Equity-based awards are pay given to employees or directors in the form of company stock or rights to obtain stock, such as stock options or restricted stock units. Like giving people slices of a pie instead of extra cash, these awards align staff incentives with company performance but can increase the number of shares outstanding, potentially diluting existing owners and affecting per-share metrics that investors watch.
forward-looking statements regulatory
"This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
__________________________________________
FORM 8-K
__________________________________________
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): June 18, 2026
__________________________________________
Alight, Inc.
(Exact name of Registrant as Specified in Its Charter)
__________________________________________
(State or Other Jurisdiction of Incorporation) | (Commission File Number) | (IRS Employer Identification No.) | ||||||
| (Address of Principal Executive Offices) | (Zip Code) | |||||||
Registrant’s Telephone Number, Including Area Code: (224) 737-7000
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
__________________________________________
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Securities registered pursuant to Section 12(b) of the Act:
Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company o
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
Item 8.01 Other Events.
On June 18, 2026, Alight, Inc. (the “Company”) issued a press release announcing an expected effective time of 5:00 p.m. ET on June 30, 2026 for its intended 1:20 reverse stock split of its outstanding shares of Class A Common Stock, Class B-1 Common Stock, Class B-2 Common Stock and Class V Common Stock, and corresponding decrease in authorized shares for each class and series of the Company’s common stock. A copy of the press release is filed as Exhibit 99.1 hereto and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d)Exhibits.
| Exhibit No. | Description | |||||||
| 99.1 | Press Release of the Company dated as of June 18, 2026 | |||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |||||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Alight, Inc. | |||||||||||
| Date: | June 18, 2026 | By: | /s/ Martin Felli | ||||||||
| Martin Felli, Chief Legal Officer and Corporate Secretary | |||||||||||
Exhibit 99.1
JUNE 18, 2026
Alight Announces Reverse Stock Split Ratio of 1-for-20 and Expected Effective Date of June 30, 2026
CHICAGO—(BUSINESS WIRE)—Alight, Inc. (NYSE: ALIT), a leading benefits administration provider of health, wealth and leave solutions, today announced its Board of Directors has determined to effectuate a reverse stock split of Alight’s outstanding shares of common stock and a corresponding decrease in the number of authorized shares of each class and series of common stock (the “Reverse Stock Split”) at a ratio of 1-for-20. The Reverse Stock Split was approved by stockholders at Alight’s 2026 Annual Meeting of Stockholders held on June 10, 2026.
The Reverse Stock Split is expected to become effective as of Tuesday, June 30, 2026, at 5:00 p.m. Eastern Time (the “Effective Time”). Alight’s Class A common stock is expected to begin trading on a split-adjusted basis on the New York Stock Exchange (“NYSE”) under the existing symbol (ALIT) when the market opens on Wednesday, July 1, 2026. The new CUSIP number for Alight’s Class A common stock following the Reverse Stock Split will be 01626W 200. The Reverse Stock Split affirms the Company’s commitment to remain on the NYSE by meeting the NYSE’s price criteria for continued listing and positions the company for inclusion in additional indexes such as the Russell 3000.
"Today's announcement is a structural action that allows us to realign our share count and maintain our focus on executing our strategy," said Rohit Verma, CEO of Alight. "This action does not change our commitment to delivering for our clients, colleagues and stockholders. In fact, we believe it further strengthens the foundation that enables our clients and partners to continue relying on Alight with confidence as we execute our strategy and invest in the capabilities that matter most to them. We remain committed to our three operating principles: delivering service and operational excellence; innovating products to create value and actionable insights; and building relationships that result in enduring, trusted partnerships."
As of the Effective Time, every 20 issued and outstanding shares of Alight’s Class A common stock, Class B non-voting common stock (including Class B-1 common stock and Class B-2 common stock), and Class V common stock will be automatically reclassified into one issued and outstanding share of Alight’s Class A common stock, Class B non-voting common stock (including Class B-1 common stock and Class B-2 common stock), and Class V common stock, respectively. No fractional shares will be issued as a result of the reverse stock split. Instead, stockholders will receive cash in lieu of fractional shares on a pro rata basis utilizing the post-Reverse Stock Split price per share.
Proportionate adjustments will be made to the terms of Alight’s outstanding equity-based awards and equity plans as well as the limited liability company units of Alight Holding Company LLC (which are exchangeable together with one share of Class V Common Stock for shares of Class A common stock on a one-for-one basis), in accordance with the terms of the applicable
agreements. Additionally, the total number of shares Alight is authorized to issue and number of authorized shares of Class A common stock, Class B non-voting common stock (including Class B-1 common stock, Class B-2 common stock and Class B-3 common stock), Class V common stock and Class Z non-voting common stock (including the Class Z-A common stock, Class Z-B-1 common stock and Class Z-B-2 common stock) will correspondingly be decreased.
Registered stockholders holding pre-split shares of Alight’s Class A common stock, Class B non-voting common stock (including Class B-1 common stock and Class B-2 common stock), and Class V common stock are not required to take any action to receive post-reverse stock split shares of Class A common stock, Class B non-voting common stock (including Class B-1 common stock and Class B-2 common stock), and Class V common stock, respectively, in registered book-entry form or cash payment in lieu of fractional shares, if applicable. Stockholders owning shares through a broker, bank or other holder of record are expected to have their positions automatically adjusted to reflect the reverse stock split and cash payment in lieu of fractional shares, if applicable, subject to any particular processes of the holder of record. Stockholders that hold shares of Class A common stock, Class B non-voting common stock (including Class B-1 common stock and Class B-2 common stock), and Class V common stock with a broker, bank or other holder of record, should contact their holder of record with any questions in this regard.
Additional information about the Reverse Stock Split can be found in Alight’s definitive proxy statement filed with the Securities and Exchange Commission (the “SEC”) on April 27, 2026, which is available free of charge at the SEC’s website at www.sec.gov and on Alight’s website at https://investor.alight.com.
About Alight Solutions
Alight is a leading benefits administration provider of health, wealth, leave and point solutions for many of the world’s largest organizations and over 30 million people. Through the administration of employee benefits, Alight helps clients gain a benefits advantage while building a healthy and financially secure workforce by unifying the benefits ecosystem across health, wealth, wellbeing, absence management and navigation. Our Alight Worklife® platform empowers employers to gain a deeper understanding of their workforce and engage them throughout life’s most important moments with personalized benefits management and data-driven insights, leading to increased employee wellbeing, engagement and productivity. Learn more at alight.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements include, but are not limited to, statements related to the expected Reverse Stock Split of the Company’s common stock (including the timing of the Reverse Stock Split, the effects of the Reverse Stock Split, expected payment of cash in lieu of fractional shares, anticipated timing of the commencement of trading on a split-adjusted basis and the impact of the Reverse Stock Split on the Company’s share price), the Company’s ability to regain compliance with the NYSE’s continued listing standards, the Company’s ability to be included in stock indices and the Company’s ongoing business operations. In some cases, these forward-looking statements can be identified by the use of words such as “outlook,”
“believes,” “expects,” “potential,” “continues,” “may,” “will,” “would,” “should,” “could,” “seeks,” “projects,” “predicts,” “intends,” “plans,” “estimates,” “anticipates” or the negative version of these words or other comparable words. Such forward-looking statements are subject to various risks and uncertainties including those described in the forward-looking statements can be found under the section entitled “Risk Factors” of Alight’s Annual Report on Form 10-K, filed with the Securities and Exchange Commission (the "SEC") on February 24, 2026, as such factors may be updated from time to time in Alight's filings with the SEC, which are, or will be, accessible on the SEC's website at www.sec.gov. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. These factors should not be construed as exhaustive and should be considered along with other factors noted in Alight’s filings with the SEC. Alight undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by law.
Contacts
Investors:
investor.relations@alight.com
Media:
Mariana Fischbach
mediarelations@alight.com
FAQ
What reverse stock split did Alight (ALIT) announce in this 8-K?
Alight approved a 1-for-20 reverse stock split of all classes of its common stock. Every 20 issued and outstanding shares will be reclassified into one share, with no fractional shares issued and cash paid instead for any fractional amounts.
When does Alight’s 1-for-20 reverse stock split become effective?
The reverse stock split is expected to become effective on June 30, 2026 at 5:00 p.m. Eastern Time. Alight’s Class A common stock should begin trading on a split-adjusted basis on the NYSE when the market opens on July 1, 2026.
Why is Alight conducting a reverse stock split of its common stock?
Alight states that the reverse stock split supports its commitment to remain listed on the NYSE by meeting the exchange’s price criteria. The company also notes that the action may help position its stock for inclusion in additional indexes such as the Russell 3000.
Will Alight adjust equity awards and LLC units after the reverse stock split?
Yes. Alight will make proportionate adjustments to outstanding equity-based awards, equity plans, and Alight Holding Company LLC units. These units are exchangeable with Class V common stock into Class A shares, and their terms will be modified according to existing agreement provisions to reflect the 1-for-20 split.
Do Alight stockholders need to take action for the reverse stock split?
Registered stockholders do not need to take action to receive split-adjusted shares or cash for fractional shares. Investors holding Alight shares through a broker, bank or other intermediary should see their positions automatically adjusted and may contact that intermediary with any specific questions.