Alight (NYSE: ALIT) board member awarded 14,025 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Massey Richard N reported acquisition or exercise transactions in this Form 4 filing.
Alight, Inc. board member Richard N. Massey received a grant of 14,025 restricted stock units of Class A common stock for annual board service under the company’s 2021 Omnibus Share Plan. These units are scheduled to vest on July 2, 2027.
After this award, Massey holds 96,016 shares directly and 5,000 shares indirectly through a limited partnership. All share amounts in this report reflect a 1-for-20 reverse split of Alight’s Class A common stock that was effective as of June 30, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Massey Richard N
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 14,025 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 96,016 shares (Direct, null);
Class A Common Stock — 5,000 shares (Indirect, By Limited Partnership)
Footnotes (1)
- Represents restricted stock units granted for annual board service, pursuant to the Issuer's 2021 Omnibus Share Plan, which are scheduled to vest on July 2, 2027. Includes restricted stock units scheduled to vest in the future. Securities listed in this filing have been adjusted to reflect a 1-for-20 reverse split of the Issuer's Class A common stock effective as of June 30, 2026.
Key Figures
RSU grant size: 14,025 units
Grant price: $0.00 per share
Direct holdings after grant: 96,016 shares
+4 more
7 metrics
RSU grant size
14,025 units
Restricted stock units for annual board service
Grant price
$0.00 per share
Compensation-related stock unit award
Direct holdings after grant
96,016 shares
Class A common stock, post-transaction
Indirect holdings
5,000 shares
Held by limited partnership
Vesting date
July 2, 2027
Scheduled vesting for RSU grant
Reverse split ratio
1-for-20
Class A common stock reverse split
Reverse split effective date
June 30, 2026
Effective date for share adjustment
Key Terms
restricted stock units, 2021 Omnibus Share Plan, 1-for-20 reverse split, limited partnership
4 terms
restricted stock units financial
"Represents restricted stock units granted for annual board service"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
1-for-20 reverse split financial
"adjusted to reflect a 1-for-20 reverse split of the Issuer's Class A common stock"
limited partnership financial
"5,000.0000 indirect holdings with nature_of_ownership: By Limited Partnership"
A limited partnership is a legal business structure with two types of partners: at least one general partner who runs the business and bears full legal responsibility, and one or more limited partners who contribute money, share profits, and have liability capped at their investment. For investors, it matters because it separates control from financial exposure — like putting money into a store without managing it — and affects how returns, risks, taxes and transferability of ownership are handled.
FAQ
What did Alight (ALIT) director Richard N. Massey report on this Form 4?
Richard N. Massey reported receiving 14,025 restricted stock units of Alight Class A common stock as annual board compensation. The award was granted under the 2021 Omnibus Share Plan and is reflected after a 1-for-20 reverse stock split adjustment.
When do Richard N. Massey’s new Alight (ALIT) restricted stock units vest?
The 14,025 restricted stock units granted to Richard N. Massey are scheduled to vest on July 2, 2027. Until vesting, they generally represent a right to receive shares in the future rather than currently outstanding, freely tradable stock.
Was the Alight (ALIT) Form 4 transaction an open-market buy or sell?
No open-market buy or sell was reported. The Form 4 shows a grant of 14,025 restricted stock units as compensation, recorded at a price of $0.00 per share, rather than a market purchase or sale transaction by the director.