Alight (NYSE: ALIT) interim CFO discloses 196,956 Class A shares
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Alight, Inc. filed an initial ownership report for Interim CFO Susan Dorrance Davies. She holds 196,956 shares of Class A Common Stock directly following the reported position. The holding amount includes restricted stock units scheduled to vest in the future, reflecting both current shares and awarded equity.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Davies Susan Dorrance
Role
Interim CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 196,956 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares beneficially owned: 196,956 shares
1 metrics
Shares beneficially owned
196,956 shares
Class A Common Stock held directly following reported position
Key Terms
Class A Common Stock, restricted stock units, beneficial ownership
3 terms
Class A Common Stock financial
"security_title: "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
restricted stock units financial
"Includes restricted stock units scheduled to vest in the future."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
beneficial ownership financial
"reports beneficial ownership of 196,956 shares of Alight Class A Common Stock."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What does Alight (ALIT) Interim CFO Susan Dorrance Davies report on this Form 3?
Interim CFO Susan Dorrance Davies reports beneficial ownership of 196,956 shares of Alight Class A Common Stock. This initial statement of ownership also notes that her position includes restricted stock units that are scheduled to vest in the future as part of her equity compensation.
Are restricted stock units included in Susan Dorrance Davies’ Alight (ALIT) holdings?
Yes, her reported holdings include restricted stock units scheduled to vest in the future. The footnote explains that the total 196,956 shares of Alight Class A Common Stock reflect both currently held shares and equity awards that will convert into shares as they vest over time.
What role does Susan Dorrance Davies hold at Alight (ALIT) in this ownership filing?
Susan Dorrance Davies is identified as Alight’s Interim CFO in the ownership filing. As an executive officer, she is required to report her beneficial holdings in Alight Class A Common Stock, including shares and restricted stock units scheduled to vest, on this Form 3 submission.
Does this Alight (ALIT) Form 3 show any recent stock transactions by Susan Dorrance Davies?
The Form 3 functions as an initial ownership report and does not show specific buy or sell transactions. Instead, it discloses her direct beneficial ownership of 196,956 Alight Class A Common Stock shares, including restricted stock units that will vest in the future.