STOCK TITAN

Alight (NYSE: ALIT) director takes $50,000 board retainer in 4,464 stock shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

FRADIN RUSSELL P reported acquisition or exercise transactions in this Form 4 filing.

Alight, Inc. director Russell P. Fradin received 4,464 shares of Class A common stock as a stock award, elected in lieu of a $50,000 quarterly cash retainer for Board service. The award was valued using a share price of $11.20 and reflects a 1-for-20 reverse split effective on June 30, 2026, bringing his direct holdings to 18,802 shares, including restricted stock units that may vest in the future.

Positive

  • None.

Negative

  • None.
Insider FRADIN RUSSELL P
Role null
Type Security Shares Price Value
Grant/Award Class A Common Stock 4,464 $11.20 $50K
Holdings After Transaction: Class A Common Stock — 18,802 shares (Direct, null)
Footnotes (1)
  1. Quarterly award of shares elected in lieu of cash retainer of $50,000 for service as a member of the Board of Directors and granted pursuant to the Alight, Inc. 2021 Omnibus Incentive Plan. The number of shares granted was calculated by dividing the cash retainer by $11.20 the closing price of the Issuer's ordinary shares on June 30, 2026, as adjusted to reflect the 1-for-20 reverse stock split of the Issuer's Class A common stock on such date, and rounding down to the next whole share. Includes restricted stock units scheduled to vest in the future. 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.
Shares granted 4,464 shares Quarterly board retainer stock award on June 30, 2026
Cash retainer amount $50,000 Quarterly Board of Directors cash retainer elected in stock
Grant valuation price $11.20 per share Closing price used to calculate share award on June 30, 2026
Post-transaction holdings 18,802 shares Total Class A shares held directly after the grant
Reverse split ratio 1-for-20 Reverse split of Class A common stock effective June 30, 2026
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 the 1-for-20 reverse stock split of the Issuer's Class A common stock"
cash retainer financial
"elected in lieu of cash retainer of $50,000 for service as a member of the Board of Directors"
2021 Omnibus Incentive Plan financial
"granted pursuant to the Alight, Inc. 2021 Omnibus Incentive Plan."
Class A common stock financial
"Securities listed in this filing have been adjusted to reflect a 1-for-20 reverse split of the Issuer's Class A common stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
FRADIN RUSSELL P

(Last)(First)(Middle)
C/O ALIGHT, INC.
510 LAKE COOK ROAD, SUITE 400

(Street)
DEERFIELD ILLINOIS 60015

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Alight, Inc. / Delaware [ ALIT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A Common Stock06/30/2026A4,464(1)A$11.218,802(2)(3)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Quarterly award of shares elected in lieu of cash retainer of $50,000 for service as a member of the Board of Directors and granted pursuant to the Alight, Inc. 2021 Omnibus Incentive Plan. The number of shares granted was calculated by dividing the cash retainer by $11.20 the closing price of the Issuer's ordinary shares on June 30, 2026, as adjusted to reflect the 1-for-20 reverse stock split of the Issuer's Class A common stock on such date, and rounding down to the next whole share.
2. Includes restricted stock units scheduled to vest in the future.
3. 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.
Remarks:
/s/ John A. Mikowski, Deputy General Counsel and Assistant Corporate Secretary, as Attorney-in-Fact07/02/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Alight (ALIT) director Russell P. Fradin report in this Form 4 filing?

Russell P. Fradin reported receiving 4,464 shares of Alight Class A common stock as a quarterly stock award. This award was taken instead of a $50,000 cash retainer for serving on the Board of Directors and was granted under Alight’s 2021 Omnibus Incentive Plan.

How was the number of shares for Russell P. Fradin’s Alight (ALIT) award calculated?

The 4,464 shares were calculated by dividing a $50,000 cash retainer by a share price of $11.20. The result was then rounded down to the next whole share, as described in the filing footnote, following Alight’s stated calculation method.

What is Russell P. Fradin’s Alight (ALIT) share ownership after this grant?

After the grant, Russell P. Fradin directly holds 18,802 Alight Class A common shares. This figure includes restricted stock units that are scheduled to vest in the future, as referenced in the filing’s ownership footnote disclosure.

Why does the Alight (ALIT) Form 4 mention a 1-for-20 reverse stock split?

The Form 4 notes that all securities listed have been adjusted for a 1-for-20 reverse split of Alight’s Class A common stock. This reverse split was effective June 30, 2026, and affects the reported share amounts and grant calculations in the filing.

Is Russell P. Fradin’s Alight (ALIT) share grant an open-market purchase or compensation?

The reported 4,464 shares are a compensation-related grant, not an open-market purchase. They represent a quarterly stock award elected in lieu of a $50,000 cash retainer for Board service, granted under Alight’s 2021 Omnibus Incentive Plan.