Alight (ALIT) Chief Legal Officer receives 348,366-share RSU equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Felli Martin reported acquisition or exercise transactions in this Form 4 filing.
Alight, Inc. reported that Chief Legal Officer Martin Felli received an equity grant of 348,366 shares of Class A Common Stock in the form of restricted stock units. The RSUs are scheduled to vest in roughly three equal installments on March 16, 2027, March 16, 2028, and March 16, 2029, aligning compensation with longer-term company performance. Following this award, Felli directly holds 571,360 shares and RSUs, which include other restricted stock units scheduled to vest in the future, reinforcing a multi-year retention and incentive structure.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Felli Martin
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 348,366 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 571,360 shares (Direct)
Footnotes (1)
- Represents Restricted Stock Units ("RSUs") scheduled to vest in approximately three equal installments on March 16, 2027, March 16, 2028 and March 16, 2029. Includes restricted stock units scheduled to vest in the future.
FAQ
What insider transaction did Alight (ALIT) disclose for Martin Felli?
Alight disclosed that Chief Legal Officer Martin Felli received a grant of 348,366 restricted stock units of Class A Common Stock at no purchase price. This equity award is part of his compensation package and is designed to vest over several years.
How will Martin Felli’s new Alight (ALIT) RSUs vest over time?
The 348,366 RSUs granted to Martin Felli are scheduled to vest in approximately three equal installments on March 16, 2027, March 16, 2028, and March 16, 2029. This multi-year vesting schedule supports long-term retention and alignment with shareholder interests.
Was the Alight (ALIT) RSU grant to Martin Felli a market purchase?
No, the RSU grant to Martin Felli was not a market purchase. It is reported with a price per share of $0.0000, reflecting a compensation-related grant or award rather than an open-market transaction, consistent with Form 4 code “A” for acquisition.
What does Form 4 code “A” mean in the Alight (ALIT) filing for Martin Felli?
In this filing, code “A” indicates a grant, award, or other acquisition of securities. For Martin Felli, it denotes the compensation-related grant of 348,366 restricted stock units, rather than a discretionary buy or sell in the open market.
Do Martin Felli’s Alight (ALIT) holdings include unvested RSUs?
Yes, the filing states that his total of 571,360 shares and units includes restricted stock units scheduled to vest in the future. This confirms that his reported position reflects both currently held shares and unvested RSU awards.