Alight (NYSE: ALIT) director granted 9,134 shares instead of cash fee
Rhea-AI Filing Summary
Alight, Inc. disclosed that director William P. Foley, II received a quarterly award of 9,134 shares of Class A common stock on December 31, 2025. This award was elected in lieu of a cash retainer of
Following this transaction, Foley beneficially owns 950,545 Class A shares directly, including restricted stock units scheduled to vest in the future. He is also reported as indirectly beneficially owning 6,833,304 Class A shares through Trasimene Capital FT, LLC and Bilcar FT, LP, with ownership reported only to the extent of his pecuniary interest and subject to his disclaimer of beneficial ownership beyond that interest.
Positive
- None.
Negative
- None.
FAQ
What insider transaction did Alight (ALIT) report in this Form 4?
Alight reported that director William P. Foley, II received a quarterly award of 9,134 shares of Class A common stock on December 31, 2025, taken instead of a cash retainer for his board service.
How was the number of shares determined for the Alight (ALIT) director’s award?
The award represented a cash retainer of
What is William P. Foley, II’s direct share ownership in Alight (ALIT) after this transaction?
After the reported transaction, William P. Foley, II beneficially owns 950,545 shares of Alight Class A common stock directly, which includes restricted stock units scheduled to vest in the future.
What indirect holdings in Alight (ALIT) are attributed to the reporting person?
The filing attributes 6,833,304 shares of Class A common stock as indirectly beneficially owned, consisting of 171,878 shares held by Trasimene Capital FT, LLC and 6,661,426 shares held by Bilcar FT, LP.
How does the reporting person describe his beneficial ownership of Alight (ALIT) shares?
The reporting person states that, due to his relationships with Bilcar FT, LP, Bilcar FT, LLC, and Trasimene Capital FT, LLC, he may be deemed to beneficially own the reported securities to the extent of his pecuniary interests, and he disclaims beneficial ownership of the securities reported, except to that extent.
Under what plan was the Alight (ALIT) stock award to the director granted?
The 9,134-share quarterly award to the director was granted pursuant to the Alight, Inc. 2021 Omnibus Incentive Plan, in lieu of a cash board retainer.