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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 6,730 | $1.95 | $13K |
Footnotes (1)
- 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 $1.95, the closing price of the Issuer's ordinary shares on December 31, 2025 and rounding down to the next whole share. Includes restricted stock units scheduled to vest in the future.
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.
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.