Alight director receives stock grant in lieu of cash
Rushing Coretha M reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Rushing Coretha M reported acquisition or exercise transactions in this Form 4 filing.
Alight, Inc. director Coretha M. Rushing received an equity grant of 1,171 shares of Class A common stock, valued using a price of $11.20 per share. This quarterly award was elected in lieu of a $13,125 cash retainer for service on the Board of Directors.
The filing notes that all figures, including this grant, reflect a 1-for-20 reverse split of Alight’s Class A common stock effective June 30, 2026. Following this grant, Rushing directly holds 6,319 shares, which includes restricted stock units scheduled to vest in the future.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 1,171 | $11.20 | $13K |
Footnotes (3)
- F1. Quarterly award of shares elected in lieu of cash retainer of $13,125 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 $11.20, the closing price of the Issuer's ordinary shares on June 30, 2026, as adjusted to reflect the 1-for-20 reverse stock split of the Issuer's Class A common stock on such date, and rounding down to the next whole share.
- F2. Includes restricted stock units scheduled to vest in the future.
- F3. 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
Key Terms
Form 4 regulatory
restricted stock units financial
1-for-20 reverse split financial
Omnibus Incentive Plan financial
cash retainer financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Alight (ALIT) report for Coretha M. Rushing?
Was the Alight (ALIT) Form 4 transaction an open-market purchase or compensation grant?
How did Alight’s 1-for-20 reverse split affect the Form 4 figures for ALIT?
AI-generated analysis. How Rhea-AI works. Not financial advice.