Alight (ALIT) CLO uses 4,489 shares to cover taxes on RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Alight, Inc. Chief Legal Officer Martin Felli reported a routine tax-related share disposition. On March 14, 2026, 4,489 shares of Class A common stock were withheld at $0.92 per share to cover tax liabilities from vesting restricted stock units.
All withheld shares were cancelled by Alight in exchange for paying Mr. Felli’s federal and state tax obligations, and were not sold on the open market. After this transaction, he directly holds 222,994 shares, which include restricted stock units scheduled to vest in the future.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Felli Martin
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 4,489 | $0.92 | $4K |
Holdings After Transaction:
Class A Common Stock — 222,994 shares (Direct)
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.
FAQ
What insider transaction did Alight (ALIT) disclose for Martin Felli?
Alight reported a tax-withholding share disposition for Martin Felli. On March 14, 2026, 4,489 Class A shares were withheld and cancelled to cover tax liabilities from vesting restricted stock units, rather than being sold in the open market.
Was Martin Felli’s Alight (ALIT) Form 4 transaction an open-market sale?
No, the transaction was not an open-market sale. The 4,489 shares reported as disposed were withheld and cancelled solely to satisfy tax liabilities from vesting restricted stock units, with the issuer covering those tax obligations directly.
What do the restricted stock unit footnotes mean in Alight (ALIT) Form 4?
The footnotes explain that shares were withheld for taxes on RSU vesting. They also state that Mr. Felli’s reported holdings include restricted stock units scheduled to vest later, which will convert into additional shares over time.