Alight (NYSE: ALIT) CCO has shares withheld to cover RSU taxes
Rhea-AI Filing Summary
Alight, Inc.'s Chief Client Officer, Robert Sturrus, reported an automatic tax-withholding transaction related to equity compensation. On January 15, 2026, 3,409 shares of Alight Class A common stock were withheld and cancelled by the company at $1.59 per share to cover federal and state tax obligations arising from the vesting of previously reported restricted stock units. After this transaction, Sturrus directly beneficially owned 264,818 shares of Class A common stock.
He also is reported as indirectly holding 10,384 shares of Class V common stock through Tempo Management, LLC. These Class V shares carry voting rights but no economic interest in Alight, and an equal number of Class V shares will be cancelled for no consideration when associated Class A units of Alight Holding Company, LLC are exchanged.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 3,409 | $1.59 | $5K |
| holding | Class V Common Stock | -- | -- | -- |
Footnotes (1)
- Represents the number of shares withheld to cover tax liability incurred upon the vesting of previously reported restricted stock units. All of the shares reported as disposed of in this Form 4 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. Shares of Class V common stock do not represent economic interests in the Issuer. Except as provided in the Issuer's Certificate of Incorporation or as required by applicable law, holders of Class V common stock with be entitled to one vote per share on all matters to be voted on by the Issuer's stockholders generally. Upon exchange of Class A Units of Alight Holding Company, LLC that are held by the Reporting Person, an equal number of shares of the Issuer's Class V common stock will be cancelled for no consideration.