Alight grants 1.25M performance units to CLO
Felli Martin reported acquisition or exercise transactions in this Form 4 filing.
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.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Stock Units | 1,250,000 | $0.00 | $0.00 |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (2)
- F1. 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.
- F2. 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?
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