Alight (NYSE: ALIT) executive withholds 3,854 shares to cover RSU taxes
Rhea-AI Filing Summary
Alight, Inc. insider Allison Bassiouni, Chief Delivery Officer, reported a tax‑related share withholding. On 01/15/2026, 3,854 shares of Alight Class A common stock were withheld at $1.59 per share to cover tax liabilities from the vesting of previously reported restricted stock units. These shares were relinquished by the insider and cancelled in exchange for the company paying federal and state withholding taxes.
After this transaction, Bassiouni beneficially owned 264,964 Class A shares directly, which includes restricted stock units scheduled to vest in the future. In addition, there are 13,713 Class A shares and RSUs held indirectly through the reporting person’s spouse, who is an employee of Alight, and whose awards are scheduled to vest in the future.
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FAQ
What did Alight (ALIT) insider Allison Bassiouni report in this Form 4?
The Form 4 reports that 3,854 shares of Alight Class A common stock were withheld on 01/15/2026 at $1.59 per share to cover taxes arising from the vesting of previously reported restricted stock units.
Was this Alight (ALIT) Form 4 transaction an open-market sale?
No. The filing states the 3,854 shares were withheld to cover tax liability when restricted stock units vested. The shares were relinquished and cancelled in exchange for Alight paying federal and state tax withholding obligations.
How many Alight (ALIT) shares does Allison Bassiouni own after the reported transaction?
Following the tax‑withholding transaction, Allison Bassiouni beneficially owned 264,964 Class A shares directly, which includes restricted stock units scheduled to vest in the future.
What Alight (ALIT) holdings are reported as indirect for Allison Bassiouni?
The filing shows 13,713 Class A shares and RSUs held indirectly through the reporting person’s spouse, who is an employee of Alight and whose awards are scheduled to vest in the future.
What does transaction code "F" mean in this Alight (ALIT) Form 4?
The transaction is coded "F", which in this context corresponds to shares withheld to satisfy tax obligations upon vesting of previously reported restricted stock units.
Does this Alight (ALIT) Form 4 indicate future vesting for the insider?
Yes. A footnote explains that the 264,964 directly held shares include restricted stock units scheduled to vest in the future, and another footnote states that the spouse’s 13,713 shares and RSUs are also scheduled to vest in the future.