Alight (NYSE: ALIT) executive reports 14,119 shares withheld for RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
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
4 transactions reported
Mixed
4 txns
Insider
Bassiouni Allison
Role
Chief Delivery Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 3,016 | $0.94 | $3K |
| Tax Withholding | Class A Common Stock | 484 | $0.94 | $454.96 |
| Tax Withholding | Class A Common Stock | 9,768 | $0.91 | $9K |
| Tax Withholding | Class A Common Stock | 851 | $0.91 | $774.41 |
Holdings After Transaction:
Class A Common Stock — 221,999 shares (Direct);
Class A Common Stock — 12,605 shares (Indirect, Spouse)
Footnotes (1)
- 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. Includes restricted stock units scheduled to vest in the future. 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. 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?
Alight reported that Chief Delivery Officer Allison Bassiouni had shares of Class A Common Stock withheld and cancelled to cover tax liabilities from vesting restricted stock units. These were tax-withholding dispositions, not open-market purchases or sales, affecting both her direct and spouse-held equity positions.
Does the Alight (ALIT) Form 4 indicate open-market buying or selling by Allison Bassiouni?
The Form 4 does not show open-market buying or selling. All reported transactions use code F for tax-withholding disposition, meaning shares were surrendered and cancelled solely to cover tax liabilities from vesting restricted stock units, rather than reflecting discretionary trades in the market.
How are Allison Bassiouni’s spouse’s Alight (ALIT) holdings treated in this Form 4?
The filing reports indirect ownership for Bassiouni labeled “Spouse,” who is an Alight employee. Shares and RSUs held by the spouse, including those scheduled to vest, are reflected in the indirect totals. Some of these spouse-held shares were also withheld and cancelled to cover tax liabilities at vesting.
What does transaction code F mean in the Alight (ALIT) Form 4 for Allison Bassiouni?
Transaction code F indicates payment of exercise price or tax liability by delivering securities. In this Form 4, it means shares from Bassiouni and her spouse were relinquished and cancelled so Alight would cover the related federal and state tax withholding obligations arising from restricted stock unit vesting.