Alight (ALIT) director granted 7,051 shares in lieu of $13,750 cash fee
Rhea-AI Filing Summary
Alight, Inc. disclosed that one of its directors received a quarterly equity award in the form of 7,051 shares of Class A common stock on December 31, 2025. This award was elected in lieu of a cash retainer of $13,750 for service on the Board of Directors, with the number of shares calculated using the $1.95 closing price of the company’s shares on that date.
Following this transaction, the director beneficially owns 87,219 shares of Alight Class A common stock, which includes restricted stock units that are scheduled to vest in the future. The filing indicates this is a routine compensation-related grant made under the Alight, Inc. 2021 Omnibus Incentive Plan and is reported as a directly owned position.
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FAQ
What insider transaction did Alight, Inc. (ALIT) report in this Form 4?
Alight, Inc. reported that a director received 7,051 shares of Class A common stock on December 31, 2025 as a quarterly equity award for Board service.
How was the number of Alight (ALIT) shares in the director’s award calculated?
The 7,051 shares were calculated by dividing a cash retainer of $13,750 by the $1.95 closing price of Alight’s shares on December 31, 2025 and rounding down to the next whole share.
What is the director’s total beneficial ownership in Alight, Inc. (ALIT) after this transaction?
After the reported transaction, the director beneficially owns 87,219 shares of Alight Class A common stock, held as a direct position.
Does the reported Alight (ALIT) share ownership include restricted stock units?
Yes. The filing states that the 87,219 shares of beneficial ownership include restricted stock units that are scheduled to vest in the future.
What compensation did the Alight (ALIT) director elect to receive in stock instead of cash?
The director elected to receive a quarterly cash retainer of $13,750 for Board service in the form of Alight shares, resulting in a grant of 7,051 shares.
Under which plan was the Alight (ALIT) director’s stock award granted?
The award of 7,051 shares was granted pursuant to the Alight, Inc. 2021 Omnibus Incentive Plan as part of director compensation.