Alight director receives stock grant in lieu of cash
FRADIN RUSSELL P reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
FRADIN RUSSELL P reported acquisition or exercise transactions in this Form 4 filing.
Alight, Inc. director Russell P. Fradin received a grant of 85,807 shares of Class A common stock on March 31, 2026. This was a quarterly award taken in stock instead of a $50,000 cash retainer for board service, based on a price of $0.5827 per share. After this grant, he directly holds 286,776 shares, which include restricted stock units scheduled to vest in the future.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 85,807 | $0.5827 | $50K |
Footnotes (2)
- F1. 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 $.5827, the closing price of the Issuer's ordinary shares on March 31, 2026 and rounding down to the next whole share.
- F2. Includes restricted stock units scheduled to vest in the future.
Key Figures
Key Terms
cash retainer financial
2021 Omnibus Incentive Plan financial
restricted stock units financial
Class A Common Stock financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Alight (ALIT) director Russell Fradin report on this Form 4?
Was the Alight (ALIT) Form 4 transaction a market purchase or sale?
What plan governs the Alight (ALIT) stock award to director Russell Fradin?
AI-generated analysis. How Rhea-AI works. Not financial advice.