Alight (NYSE: ALIT) CTO receives 411,705 RSUs vesting 2027–2029
Filing Impact
Filing Sentiment
Form Type
4
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 411,705 shares of Class A common stock in the form of restricted stock units. These RSUs are scheduled to vest in approximately three equal installments on March 16, 2027, March 16, 2028 and March 16, 2029. After this compensation award, Duggirala directly holds 649,336 shares of Class A common stock, which includes restricted stock units scheduled to vest in the future.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Duggirala Deepika
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 411,705 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 649,336 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 Deepika Duggirala?
Alight disclosed that Chief Technology Officer Deepika Duggirala received a grant of 411,705 restricted stock units of Class A common stock. This is a compensation-related award at no purchase price, not an open-market stock purchase or sale by the executive.
How many RSUs did the Alight (ALIT) CTO receive in this Form 4?
The CTO received 411,705 restricted stock units of Alight Class A common stock. These units represent a significant equity-based compensation award that vests over time, aligning the executive’s interests with long-term company performance rather than reflecting a market trade.
What is the vesting schedule for the new Alight (ALIT) RSU grant?
The 411,705 restricted stock units are scheduled to vest in about three equal installments on March 16, 2027, March 16, 2028 and March 16, 2029. This multi-year vesting structure encourages long-term retention and performance by spreading the benefit over three future dates.
What are Deepika Duggirala’s total reported Alight (ALIT) holdings after this grant?
Following the RSU grant, Deepika Duggirala is reported to directly hold 649,336 shares of Alight Class A common stock. This total includes restricted stock units scheduled to vest in the future, reflecting both currently vested and unvested equity awards in her reported position.