Alight (NYSE: ALIT) director takes $13,125 Board fee in 22,524 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Alight, Inc. director Coretha M. Rushing received an equity grant of 22,524 shares of Class A Common Stock as compensation. The award represents a quarterly Board cash retainer of $13,125 taken in stock, valued at $0.5827 per share based on the March 31, 2026 closing price.
Following this grant, she directly holds 102,974 shares, including restricted stock units scheduled to vest in the future. This is a non‑market, compensation-related acquisition rather than an open‑market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Rushing Coretha M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 22,524 | $0.5827 | $13K |
Holdings After Transaction:
Class A Common Stock — 102,974 shares (Direct)
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 $.5827, the closing price of the Issuer's ordinary shares on March 31, 2026 and rounding down to the next whole share. Includes restricted stock units scheduled to vest in the future.
Key Figures
Shares granted: 22,524 shares
Cash retainer value: $13,125
Grant price per share: $0.5827 per share
+1 more
4 metrics
Shares granted
22,524 shares
Quarterly Board retainer equity grant on March 31, 2026
Cash retainer value
$13,125
Quarterly Board of Directors cash retainer elected in shares
Grant price per share
$0.5827 per share
Closing price on March 31, 2026 used to calculate grant
Total shares after grant
102,974 shares
Director’s direct holdings following the reported transaction
Key Terms
cash retainer, 2021 Omnibus Incentive Plan, restricted stock units
3 terms
cash retainer financial
"Quarterly award of shares elected in lieu of cash retainer of $13,125"
2021 Omnibus Incentive Plan financial
"granted pursuant to the Alight, Inc. 2021 Omnibus Incentive Plan"
restricted stock units financial
"Includes restricted stock units scheduled to vest in the future"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
FAQ
What did Alight (ALIT) director Coretha M. Rushing report on this Form 4?
Coretha M. Rushing reported receiving 22,524 shares of Alight Class A Common Stock as a quarterly Board compensation grant. The shares were issued instead of a cash retainer and increase her total direct holdings to 102,974 shares, including restricted stock units vesting later.
Is the Alight (ALIT) director’s Form 4 transaction an open-market stock purchase?
No, this Form 4 shows a compensation-related share grant, not an open-market purchase. The director elected to receive a $13,125 Board cash retainer in 22,524 Alight shares, issued at $0.5827 per share under the 2021 Omnibus Incentive Plan.
What plan governs the Alight (ALIT) director’s equity award reported on this Form 4?
The equity award was granted under the Alight, Inc. 2021 Omnibus Incentive Plan. This plan allows directors to elect stock instead of their cash retainers, with share counts based on the company’s closing stock price on the grant date.