Alight (ALIT) director paid $13,125 board retainer in stock, not cash
Rhea-AI Filing Summary
Alight, Inc. director compensation included an equity grant instead of cash. On 12/31/2025, a director received 6,730 shares of Class A common stock as a quarterly award elected in lieu of a $13,125 cash retainer for board service under the Alight, Inc. 2021 Omnibus Incentive Plan. The number of shares was determined by dividing the cash retainer by the $1.95 closing price of the company’s shares on that date and rounding down to the next whole share.
After this grant, the reporting person beneficially owned 80,450 shares, which include restricted stock units scheduled to vest in the future. The filing reflects a routine director compensation transaction reported as directly owned shares.
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FAQ
What insider transaction did Alight (ALIT) disclose in this Form 4?
Alight disclosed that a director received 6,730 shares of Class A common stock on 12/31/2025 as a quarterly award elected in lieu of a cash retainer for board service.
What was the cash value of the director compensation reported by Alight (ALIT)?
The equity award replaced a $13,125 cash retainer for the director’s service on the Board of Directors.
How was the number of Alight (ALIT) shares for the director award calculated?
The company divided the $13,125 cash retainer by the $1.95 closing price of Alight’s ordinary shares on December 31, 2025, then rounded down to the next whole share to arrive at 6,730 shares.
How many Alight (ALIT) shares does the reporting person own after this transaction?
Following the reported grant, the reporting person beneficially owned 80,450 shares of Alight Class A common stock, including restricted stock units scheduled to vest in the future.
Is the Alight (ALIT) director equity award part of a company plan?
Yes. The shares were granted under the Alight, Inc. 2021 Omnibus Incentive Plan as compensation for Board of Directors service.
What type of security did the Alight (ALIT) director receive in this Form 4 filing?
The director received Class A common stock of Alight, recorded as directly owned shares.