[Form 4] Alight, Inc. / Delaware Insider Trading Activity
Rhea-AI Filing Summary
Russell P. Fradin, a director of Alight, Inc. (ALIT), reported a transaction on a Form 4 related to his board compensation. On 09/30/2025 he elected to receive a quarterly board retainer in the form of stock rather than cash, resulting in the acquisition of 15,337 shares of Class A common stock at a closing price of $3.26 per share (the closing price on that date). The award was the cash-equivalent of a $50,000 quarterly retainer divided by the closing price and rounded down to whole shares. Following the transaction, Mr. Fradin beneficially owns 175,328 shares, which includes restricted stock units scheduled to vest in the future. The Form 4 was signed by an attorney-in-fact and filed with the SEC.
Positive
- 15,337 shares granted to align director compensation with shareholder value
- $50,000 cash retainer converted to equity under the 2021 Omnibus Incentive Plan
Negative
- None.
Insights
Routine director equity election aligns compensation with shareholder outcomes.
Receiving a quarterly retainer in shares instead of cash is a common corporate governance practice that ties a director's pay to the company's equity performance. The disclosure shows the award was calculated by dividing a $50,000 retainer by the closing price of $3.26 on 09/30/2025, producing 15,337 shares.
This is a non‑derivative issuance and does not, by itself, indicate any change in control or extraordinary dilution; the Form 4 also notes existing restricted stock units included in the post-transaction beneficial ownership total of 175,328 shares.
Transaction is a disclosed, compensatory share award, not an open-market trade.
The Form 4 records an A (acquisition) code for 15,337 Class A shares granted under the Alight, Inc. 2021 Omnibus Incentive Plan in lieu of a cash retainer. The grant price equals the reported closing market price ($3.26), consistent with plan-based compensatory issuances.
Because the filing specifies the award method and includes post-transaction holdings, investors can reconcile the grant amount and ongoing restricted units, making the event transparent and routine rather than material market-moving information.