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 $17,812.50 for board service and was granted under the Alight, Inc. 2021 Omnibus Incentive Plan. The number of shares was calculated using the issuer’s $1.95 closing share price on that date and rounded down to the nearest whole share.
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 9,134 | $1.95 | $18K |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- Quarterly award of shares elected in lieu of cash retainer of $ 17,812.50 for service as a member of the Board of Directors and granted pursuant to the Alight, Inc. 2021 Omnibus Incentive Plan. The number of shares granted was calculated by dividing the cash retainer by $1.95, the closing price of the Issuer's ordinary shares on December 31, 2025 and rounding down to the next whole share. Includes restricted stock units scheduled to vest in the future. Represents 171,878 shares of Class A common stock directly held by Trasimene Capital FT, LLC and 6,661,426 shares of Class A commn stock directly held by Bilcar FT, LP. Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Age of 1934, as amended (the "Exchange Act"), this filing shall not be deemed an admission that the Reporting Person is, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owner of any equity securities in excess of his pecuniary interest. William P. Foley, II (the "Reporting Person") is the sole member of Bilcar FT, LLC, which, in turn, is the sole general partner of Bilcar FT, LP ("Bilcar"). The Reporting Person is also the sole member of Trasimene Capital FT, LLC ("Trasimene GP"). Because of the relationships between the Reporting Person and Bilcar, Bilcar FT, LLC and Trasimene GP, the Reporting Person may be deemed to beneficially own the securities reported herein to the extent of his pecuniary interests. The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of his pecuniary interest therein, if any.
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.
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.
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.