Alight director receives stock award in lieu of cash fees
Alight, Inc. reported that one of its directors received a quarterly stock award instead of a cash retainer.
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Rhea-AI Filing Summary
Alight, Inc. reported that one of its directors received a quarterly stock award instead of a cash retainer. On December 31, 2025, the director was granted 14,102 shares of Class A common stock as payment of a $27,500 board cash retainer, under the Alight, Inc. 2021 Omnibus Incentive Plan. The number of shares was based on the $1.95 closing price of the company’s shares on that date, rounded down to the nearest whole share.
After this grant, the director beneficially owns 120,698 shares, which includes restricted stock units that are scheduled to vest in the future.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 14,102 | $1.95 | $27K |
Footnotes (2)
- F1. Quarterly award of shares elected in lieu of cash retainer of $27,500 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.
- F2. Includes restricted stock units scheduled to vest in the future.
FAQ
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What did Alight, Inc. (ALIT) disclose in this Form 4 filing?
How was the Alight, Inc. (ALIT) director stock award calculated?
What plan governs the stock award reported by Alight, Inc. (ALIT)?
Was the Alight, Inc. (ALIT) director paid in cash or stock for this quarter’s board service?
What is the role of the reporting person in Alight, Inc. (ALIT)?
AI-generated analysis. How Rhea-AI works. Not financial advice.