Alight (ALIT) awards 1,250,000 performance stock units to Chief Legal Officer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Felli Martin reported acquisition or exercise transactions in this Form 4 filing.
Alight, Inc. reported that Chief Legal Officer Martin Felli received a grant of 1,250,000 performance stock units on March 25, 2026. Each unit represents a contingent right to receive one share of Alight’s Class A common stock.
The units can vest and become earned in up to 25% increments based on achieving specified stock price performance hurdles during a five-year period from April 1, 2026 to December 31, 2030, and are also subject to service-based vesting conditions. Following this grant, Felli directly holds 571,360 shares of Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Felli Martin
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Stock Units | 1,250,000 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Performance Stock Units — 1,250,000 shares (Direct);
Class A Common Stock — 571,360 shares (Direct)
Footnotes (1)
- On March 25, 2026, the reporting person was granted 1,250,000 performance stock units. Each performance stock unit represents a contingent right to receive one share of Alight, Inc.'s Class A Common Stock. The performance stock units vest and become earned in up to 25% increments based on the achievement of specified stock price performance hurdles during a five-year performance period, beginning on April 1, 2026, and ending on December 31, 2030, and subject to service-based vesting conditions.
FAQ
What equity award did Alight (ALIT) grant to Chief Legal Officer Martin Felli?
Alight granted Chief Legal Officer Martin Felli 1,250,000 performance stock units. Each unit is a contingent right to receive one share of Class A common stock, aligning his compensation with the company’s stock performance over time.
How do the new performance stock units for Alight (ALIT) vest?
The performance stock units can vest in up to 25% increments based on stock price performance hurdles. Vesting occurs over a five-year period and is also conditioned on Felli meeting service-based vesting requirements with Alight.
What is the performance period for Alight (ALIT) Chief Legal Officer’s stock units?
The performance period for the stock units runs from April 1, 2026, through December 31, 2030. During this time, vesting depends on achieving specified stock price hurdles and satisfying ongoing service-based vesting conditions.
What does a performance stock unit mean for Alight (ALIT) executives?
A performance stock unit gives an executive a potential future share of stock if conditions are met. For Alight, these units vest based on stock price performance hurdles and continued service, tying executive rewards to long-term shareholder outcomes.