Every 8-K that Alight Inc. (ALIT) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow ALIT and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ALIT filings page.
Alight, Inc. reported Q2 2026 revenue of $511 million, down from $528 million, with gross profit of $142 million and adjusted EBITDA of $92 million. Net loss from continuing operations narrowed to $10 million from $1,073 million, driven mainly by the absence of a prior $983 million non-cash goodwill impairment and other fair value remeasurements recorded in 2025.
For the first half of 2026, cash from operations was $152 million and free cash flow was $101 million. As of June 30, 2026, cash and cash equivalents were $215 million, total debt was $1,996 million, and total debt net of cash was $1,781 million. Management guided Q3 2026 revenue to $469–$479 million and full-year 2026 revenue to $2,078–$2,098 million, with adjusted EBITDA ranges of $55–$61 million for Q3 and $400–$415 million for the full year.
The Compensation Committee also modified March 2026 performance-vesting restricted stock units by lowering four stock-price VWAP hurdles (now spanning $25.70 to $46.55) for key executives, including 350,000 units held by the CEO. It approved additional July TVR Awards that vest pro rata based on 20-day VWAP milestones within the same price ranges through December 31, 2030 or a change in control.
Alight, Inc. implemented a 1-for-20 reverse stock split of its Class A common stock, Class B non-voting common stock and Class V common stock, effective June 30, 2026, and proportionately reduced authorized share counts for these classes. Class A authorized shares decreased from 1,000,000,000 to 50,000,000, Class B non-voting from 30,000,000 to 1,500,000, Class V from 175,000,000 to 8,750,000 and Class Z non-voting from 12,900,000 to 645,000. Holders receive cash in lieu of fractional shares, and proportional adjustments were made to equity awards and Alight Holding Company LLC units so ownership percentages remain broadly unchanged aside from fractional cash-outs. The company also declassified its board, extended officer exculpation as permitted by Delaware law, adopted a restated charter and updated bylaws, including new universal proxy-related advance notice and proxy card color rules. Alight’s Class A shares will begin trading on a split-adjusted basis on the NYSE on July 1, 2026 under the symbol ALIT with a new CUSIP.
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.
Alight, Inc. reported results from its 2026 annual meeting of stockholders held on June 10, 2026. Stockholders elected three Class II directors to terms expiring at the 2029 annual meeting and ratified Ernst & Young LLP as independent auditor for the fiscal year ending December 31, 2026.
Stockholders approved, on an advisory basis, 2025 compensation for named executive officers and adopted amendments to the certificate of incorporation to declassify the board and to limit certain officers’ personal monetary liability for duty-of-care breaches under Delaware law. They also approved charter amendments authorizing the board to implement reverse stock splits at ratios from 1‑for‑10 to 1‑for‑40 with corresponding reductions in authorized shares.
Alight, Inc. is appointing Stephen A. Lasher as Chief Financial Officer effective June 15, 2026, replacing Susan Davies as the company’s principal financial officer while she continues as Chief Accounting Officer and principal accounting officer. Lasher brings more than 30 years of financial leadership experience across services, technology and B2B sectors, including senior roles at Digital Turbine, Vonage and IBM.
Under his offer letter, Lasher will receive a $600,000 annual base salary, $900,000 target annual incentive, a $2,000,000 time-vesting RSU sign-on grant and a $2,500,000 long-term incentive RSU grant split between time-vested and performance-vested units. He is also entitled to a one-time $1,800,000 cash make-whole payment, subject to repayment if he leaves within his first year under certain conditions, and to severance protections that include salary continuation, pro-rated bonus, COBRA coverage, outplacement assistance and equity vesting enhancements upon qualifying terminations, including enhanced benefits in a change of control context.
Alight, Inc. reported first quarter 2026 revenue of $534 million, down from $548 million, as lower net commercial activity offset higher project revenue. Recurring revenue remained high at 93.3% of total.
Gross profit was $156 million and net loss from continuing operations was $19 million, compared with a $17 million loss a year earlier. Adjusted EBITDA from continuing operations was $104 million versus $118 million. Operating cash flow rose to $79 million and free cash flow improved to $53 million from $44 million.
As of March 31, 2026, cash and cash equivalents were $178 million and total debt was $2,000 million. For the second quarter of 2026, Alight expects revenue of $490–$505 million, adjusted EBITDA of $80–$90 million, and free cash flow of $35–$45 million.
Leadership changes include appointing Susan D. Davies as Interim Chief Financial Officer effective May 8, 2026, while she continues as Chief Accounting Officer and Global Controller, and naming Dinesh Tulsiani President, Employer Solutions.
Alight, Inc. has received a notice from the New York Stock Exchange that it is not in compliance with the NYSE’s continued listing standard requiring an average closing share price of at least $1.00. The company’s Class A common stock traded below this level over a consecutive 30 trading-day period ending March 20, 2026.
Alight has six months from March 24, 2026 to regain compliance and can do so if, on the last trading day of any calendar month during this period, its stock closes at or above $1.00 and also averages at least $1.00 over the prior 30 trading days. The company is considering options to cure the deficiency, including a reverse stock split subject to stockholder approval at its next annual meeting. Its shares will continue trading on the NYSE during the cure period, and the notice is not expected to affect ongoing business operations or SEC reporting.
Alight, Inc. approved new performance-vesting restricted stock unit awards for its named executive officers under the 2021 Omnibus Plan. CEO Rohit Verma received TVR Awards covering 7,000,000 shares and Chief Legal Officer Martin Felli received awards covering 1,250,000 shares.
The awards can vest between April 1, 2026 and the earlier of December 31, 2030 or a change in control, based on stock price performance. Vesting is tied to the company’s 20-day volume-weighted average price in four tranches, with maximum vesting at VWAP levels from $1.50 up to $4.50, and requires continued employment, with limited exceptions for death or disability.
Alight, Inc. disclosed that Interim Chief Financial Officer Gregory Giometti plans to leave the company after assisting with a transition period. He will continue as Interim CFO until May 8, 2026, or until a permanent Chief Financial Officer is appointed, whichever comes first.
The company states its search for an external Chief Financial Officer is well advanced and expects to announce a new hire in the coming weeks. Alight will allow Mr. Giometti to keep a $190,000 retention bonus paid in 2025, which he would otherwise have had to repay if he left before June 30, 2026.
The filing notes that Mr. Giometti’s decision to leave is not due to any dispute or disagreement with Alight regarding accounting practices or financial reporting, indicating the change is not tied to financial reporting issues.
Alight, Inc. reported fourth quarter 2025 revenue of $653 million and full-year 2025 revenue of $2,262 million, both down modestly from 2024. Recurring revenue remained high at over 93% of total revenue.
The company posted a full-year net loss from continuing operations of $3,078 million, driven mainly by a $3,124 million non-cash goodwill impairment, which also led to a fourth quarter net loss of $933 million. Despite this accounting charge, underlying performance was steadier, with adjusted EBITDA from continuing operations of $561 million, slightly above 2024, and free cash flow of $250 million compared with $72 million a year earlier.
Alight ended 2025 with $273 million in cash and $2,005 million of total debt. It declared and paid a quarterly dividend of $0.04 per share in 2025 but now plans to replace its cash dividend with capital allocation focused on deleveraging the balance sheet and, subject to conditions, share repurchases, which it believes better support long-term shareholder value.
Alight, Inc. entered into a new consulting agreement with former Chief Strategy Officer Dinesh Tulsiani. Starting January 22, 2026, he will assist the company in an advisory capacity for an initial three-month term, which may be extended for an additional three months.
Under the agreement, Mr. Tulsiani will receive a monthly retainer of $100,000, prorated for any partial months, plus reimbursement of reasonable business expenses. After the initial term, the agreement will automatically continue on a month-to-month basis until either party ends it with 30 days’ notice. Alight plans to file the full consulting agreement as an exhibit to its Form 10-Q for the quarter ending March 31, 2026.
Alight, Inc. reported that its Chief Financial Officer, Jeremy J. Heaton, has resigned to pursue another opportunity outside the benefits administration space, effective January 9, 2026. He will remain in his role and help transition his responsibilities until that date, and the company states his resignation did not arise from any disagreement over operations, policies, practices, or financial reporting.
The company appointed Greg Giometti as Interim Chief Financial Officer effective on the same date. Giometti, age 37, is currently Senior Vice President and Head of Financial Planning and Analysis and will continue in that role while serving as Interim CFO. The company notes there are no special arrangements leading to his appointment, no family relationships with directors or executives, and no related-party transactions requiring disclosure.
Alight also furnished a press release dated December 18, 2025 as an exhibit describing these leadership changes.
Alight, Inc. disclosed that, in connection with his previously announced departure, CEO and Vice Chair Dave Guilmette has entered into a Separation Agreement and General Release with the company and its subsidiary Alight Solutions LLC. His roles as Chief Executive Officer and as Vice Chair and member of the Board will end as of the close of business on December 31, 2025.
The agreement confirms the contractual entitlements under his amended and restated employment agreement and allows Alight to potentially engage him as a consultant for three months after his departure. If the company elects this option and he successfully supports the development and implementation of the 2026 business plan and transition matters through the effective date, Mr. Guilmette would receive a consulting fee of $72,500 per month and continued vesting of certain time-based restricted stock units granted on March 10, 2025 during the consulting period.
Alight, Inc. announced a leadership transition, with current Chief Executive Officer Dave Guilmette departing as CEO, Vice Chair and director effective at the close of business on December 31, 2025. The Board has appointed Rohit Verma as Chief Executive Officer and a Class I director effective January 1, 2026, with his director term running to the 2028 annual meeting of stockholders.
Verma’s employment agreement provides an annual base salary of $900,000, target annual incentive compensation of $1,800,000, a one-time make-whole cash bonus of $800,000, a one-time sign-on equity grant with a grant-date value of up to $2,500,000, and target long-term incentive compensation of $5,400,000 for 2026. If his employment is terminated by Alight Solutions without cause or by him for good reason, he is eligible for salary continuation (or 1.5 times salary and target bonus in a change of control), a pro-rated annual bonus based on actual performance, company-paid COBRA for up to 18 months, outplacement assistance, and accelerated or partial vesting of equity awards, with full vesting of such awards if the termination occurs in connection with a change of control.
Guilmette’s departure will be treated as a termination without cause under his existing employment agreement, and the company states that his departure is not related to any disagreement regarding operations, policies, or practices. Alight issued a press release, furnished as Exhibit 99.1, announcing these changes.
Alight, Inc. (ALIT) reported two updates. The company furnished a press release announcing financial results for the third quarter ended September 30, 2025. It also disclosed that the Board approved, subject to stockholder approval, a plan to declassify the Board and will ask stockholders to vote on a phased declassification proposal at the 2026 annual meeting.
The Q3 results and governance update were shared via press releases furnished as Exhibits 99.1 and 99.2. Declassifying the Board would transition directors to stand for election more frequently, aligning elections over time with a single annual term structure if approved. The filing notes these materials are furnished, not filed, under Items 2.02 and 7.01.