Alight CFO granted 87,500 performance stock units
Lasher Stephen Andrew reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Lasher Stephen Andrew reported acquisition or exercise transactions in this Form 4 filing.
Alight, Inc. Chief Financial Officer Stephen Andrew Lasher received a grant of 87,500 performance stock units on August 3, 2026. Each unit is a contingent right to one share of Class A common stock, vesting in up to 25% increments based on stock-price performance hurdles through December 31, 2030, subject to service-based conditions. All reported amounts reflect a 1-for-20 reverse split effective June 30, 2026. Following this grant, he directly holds 245,505 Class A shares, including restricted stock units scheduled to vest, plus the 87,500 performance stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 87,500 shares
Grant/Award
2 txns
Insider
Lasher Stephen Andrew
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Stock Units F3, F4 | 87,500 | $0.00 | $0.00 |
| holding | Class A Common Stock F1, F2 | -- | -- | -- |
Holdings After Transaction:
Performance Stock Units — 87,500 contracts (Direct);
Class A Common Stock — 245,505 shares (Direct)
Footnotes (4)
- F1. Securities listed in this filing have been adjusted to reflect a 1-for-20 reverse split of the Issuer's Class A common stock effective as of June 30, 2026.
- F2. Includes restricted stock units scheduled to vest in the future.
- F3. On August 3, 2026, the reporting person was granted 87,500 performance stock Units. Each performance stock unit represents a contingent right to receive one share of Alight, Inc.'s Class A Common Stock.
- F4. 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 performance period, ending on December 31, 2030, subject to service-based vesting conditions.
Key Figures
Performance stock units granted: 87,500 units
Class A shares held after transaction: 245,505 shares
Reverse split ratio: 1-for-20
+2 more
5 metrics
Performance stock units granted
87,500 units
Grant to CFO Stephen Andrew Lasher on August 3, 2026; each unit may convert into one Class A share
Class A shares held after transaction
245,505 shares
Direct Class A common stock holdings of the CFO after the reported transactions, including restricted stock units
Reverse split ratio
1-for-20
Reverse split of the issuer's Class A common stock effective as of June 30, 2026
Performance period end date
December 31, 2030
End of the performance period during which stock price hurdles may be achieved for the PSUs
Maximum vesting increment
25%
Performance stock units vest and become earned in up to 25% increments upon meeting stock price hurdles
Key Terms
Performance Stock Units, restricted stock units, 1-for-20 reverse split, service-based vesting conditions, +1 more
5 terms
Performance Stock Units financial
"the reporting person was granted 87,500 performance stock Units"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
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.
1-for-20 reverse split financial
"adjusted to reflect a 1-for-20 reverse split of the Issuer's Class A common stock"
service-based vesting conditions financial
"subject to service-based vesting conditions"
stock price performance hurdles financial
"based on the achievement of specified stock price performance hurdles"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Alight (ALIT) report for its CFO?
Alight (ALIT) reported an equity award to its CFO. On August 3, 2026, Chief Financial Officer Stephen Andrew Lasher was granted 87,500 performance stock units, each representing a contingent right to receive one share of Alight Class A common stock, subject to performance and service-based vesting conditions.
How many performance stock units did the ALIT CFO receive and what do they represent?
The CFO received 87,500 performance stock units. Each performance stock unit represents a contingent right to receive one share of Alight, Inc. Class A common stock, depending on the achievement of specified stock price performance hurdles and continued service during the performance period.
What are the vesting conditions and performance period for Alight (ALIT) performance stock units?
The units vest in up to 25% increments through 2030. Vesting occurs based on achievement of specified stock price performance hurdles during a performance period ending on December 31, 2030, and is also subject to service-based vesting conditions for the reporting person.
How did the 1-for-20 reverse split affect the securities reported for ALIT?
All reported securities amounts are adjusted for a 1-for-20 reverse split. The filing states that securities listed have been adjusted to reflect a 1-for-20 reverse split of Alight, Inc.'s Class A common stock effective as of June 30, 2026.
Was the Alight (ALIT) CFO transaction under a Rule 10b5-1 trading plan?
The filing does not indicate use of a Rule 10b5-1 trading plan. The Rule 10b5-1 checkbox for the reported transactions is not marked, and the footnotes do not describe any pre-arranged trading plan related to this equity award grant.
AI-generated analysis. How Rhea-AI works. Not financial advice.
