Alight executive reports tax-withholding share dispositions
Alight, Inc. Chief Delivery Officer Allison Bassiouni reported routine tax-withholding dispositions related to restricted stock unit vesting.
Rhea-AI Filing Summary
Alight, Inc. Chief Delivery Officer Allison Bassiouni reported routine tax-withholding dispositions related to restricted stock unit vesting. On March 10 and March 11, a total of 14,119 shares of Class A Common Stock were withheld and cancelled to cover federal and state tax obligations.
The filing shows 3,016 and 9,768 shares withheld from her direct holdings and 484 and 851 shares from shares and RSUs held by her spouse, who is an Alight employee. After these transactions, Bassiouni directly holds 221,999 shares and indirectly holds 12,605 shares through her spouse. These events reflect tax payments rather than open‑market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 3,016 | $0.94 | $3K |
| Exercise Price or Tax Liability | Class A Common Stock | 484 | $0.94 | $454.96 |
| Exercise Price or Tax Liability | Class A Common Stock | 9,768 | $0.91 | $9K |
| Exercise Price or Tax Liability | Class A Common Stock | 851 | $0.91 | $774.41 |
Footnotes (4)
- F1. Represents the number of shares withheld to cover tax liability incurred upon the vesting of previously reported restricted stock units. Shares were relinquished by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person.
- F2. Includes restricted stock units scheduled to vest in the future.
- F3. Represents the number of shares withheld to cover tax liability incurred upon the vesting of previously reported restricted stock units. Shares were relinquished by the Reporting Person's spouse and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person's spouse.
- F4. Represents shares and RSUs scheduled to vest in the future held by the Reporting Person's spouse, who is an employee of Alight.
FAQ
What insider transactions did Alight (ALIT) report for Allison Bassiouni?
Does the Alight (ALIT) Form 4 indicate open-market buying or selling by Allison Bassiouni?
How are Allison Bassiouni’s spouse’s Alight (ALIT) holdings treated in this Form 4?
What does transaction code F mean in the Alight (ALIT) Form 4 for Allison Bassiouni?
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