Alight CTO awarded 1.88M performance stock units
Duggirala Deepika reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Duggirala Deepika reported acquisition or exercise transactions in this Form 4 filing.
Alight, Inc. reported that Chief Technology Officer Deepika Duggirala received a grant of 1,875,000 performance stock units on March 25, 2026. Each unit represents a contingent right to one share of Class A common stock.
The units can vest in up to 25% increments based on specified stock price performance hurdles during a five-year period from April 1, 2026 through December 31, 2030, and also require ongoing service. Following these transactions, she directly holds 649,336 shares of Class A common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Stock Units | 1,875,000 | $0.00 | $0.00 |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (2)
- F1. On March 25, 2026, the reporting person was granted 1,875,000 performance stock units. Each performance stock unit represents a contingent right to receive one share of Alight, Inc.'s Class A Common Stock.
- F2. The performance stock units vest and become earned in up to 25% increments based on the achievement of specified stock price performance hurdles during a five-year performance period, beginning on April 1, 2026, and ending on December 31, 2030, and subject to service-based vesting conditions.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Alight (ALIT) disclose about Deepika Duggirala in this Form 4?
How many performance stock units were granted to Alight CTO Deepika Duggirala?
How do the Alight (ALIT) performance stock units for the CTO vest?
What is the performance period for the Alight CTO’s stock unit grant?
What does each Alight performance stock unit granted to the CTO represent?
AI-generated analysis. How Rhea-AI works. Not financial advice.