Alight (NYSE: ALIT) director awarded 14,025 RSUs for board service
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Alight, Inc. director Lenore D. Williams acquired 14,025 shares of Class A Common Stock through a grant of restricted stock units for annual board service. The units were granted at $0.00 per share under Alight's 2021 Omnibus Share Plan and are scheduled to vest on July 2, 2027. Following this award, Williams holds a total of 24,874 shares directly, including restricted stock units scheduled to vest in the future. This is a routine, compensation-related equity grant rather than an open-market stock purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Williams Lenore D
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 14,025 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 24,874 shares (Direct, null)
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.
Key Figures
RSU grant size: 14,025 shares
Grant price per share: $0.00 per share
Post-grant holdings: 24,874 shares
+1 more
4 metrics
RSU grant size
14,025 shares
Restricted stock units for annual board service
Grant price per share
$0.00 per share
Equity compensation, not open-market purchase
Post-grant holdings
24,874 shares
Total direct holdings after July 2, 2026 grant
Vesting date
July 2, 2027
Scheduled vesting of 14,025 restricted stock units
Key Terms
restricted stock units, 2021 Omnibus Share Plan, annual board service
3 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.
annual board service financial
"restricted stock units granted for annual board service"
FAQ
What did Alight (ALIT) director Lenore D. Williams report on this Form 4?
Lenore D. Williams reported receiving 14,025 restricted stock units of Alight Class A Common Stock. The grant is compensation for annual board service and was made at no cash cost, reflecting routine equity-based director pay rather than a market purchase.
What is the vesting schedule for Lenore D. Williams’ new Alight restricted stock units?
The 14,025 restricted stock units are scheduled to vest on July 2, 2027. Vesting means the units convert into shares if service conditions are met, aligning director compensation with longer-term company performance and continued board service over several years.
Which Alight equity plan governs Lenore D. Williams’ restricted stock unit grant?
The restricted stock units were granted under Alight’s 2021 Omnibus Share Plan. This plan provides equity-based awards, such as restricted stock units, to directors and other participants as part of their compensation and long-term incentive structure.