Alight (NYSE: ALIT) grants CHRO Donna Dorsey 1.25M performance stock units
Rhea-AI Filing Summary
Dorsey Donna reported acquisition or exercise transactions in this Form 4 filing.
Alight, Inc. reported that Chief Human Resources Officer Donna Dorsey received a grant of 1,250,000 performance stock units. Each unit represents a contingent right to one share of Class A Common Stock, making this a large, stock-based compensation award rather than a market purchase or sale.
The performance stock units can vest in up to 25% increments if specified stock price performance hurdles are met during a five-year period starting on April 1, 2026 and ending on December 31, 2030, and are also subject to service-based vesting conditions. Following this grant, the filing shows Dorsey directly holding 1,025,839 shares of Class A Common Stock.
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Insights
Large PSU grant ties CHRO pay to long-term stock performance.
The filing shows Alight granting Chief Human Resources Officer Donna Dorsey 1,250,000 performance stock units, each linked to one Class A share. This is a sizable equity incentive designed to align compensation with share price outcomes over several years, not a cash salary change.
The units vest in up to 25% increments only if stock price hurdles are achieved between April 1, 2026 and December 31, 2030, and if service-based conditions are met. This structure emphasizes retention and long-term performance. Actual dilution or value transfer depends on future stock performance and continued employment.
FAQ
What did Alight (ALIT) report for Donna Dorsey in this Form 4?
How many performance stock units did Alight (ALIT) grant to its CHRO?
How do the Alight (ALIT) performance stock units for Donna Dorsey vest?
Is the Alight (ALIT) Form 4 for Donna Dorsey a stock purchase or sale?
What does each Alight (ALIT) performance stock unit represent in Donna Dorsey’s grant?
What is the performance period for Alight (ALIT) CHRO Donna Dorsey’s PSU grant?