Alight CTO receives stock award, withholds shares
Alight, Inc. Chief Technology Officer Deepika Duggirala reported equity-related transactions in Class A common stock.
Rhea-AI Filing Summary
Alight, Inc. Chief Technology Officer Deepika Duggirala reported equity-related transactions in Class A common stock. On March 1, 2026, she acquired 11,506 shares at $0.00 per share as a stock grant, increasing her direct holdings. That same day, 5,707 shares were withheld at $0.88 per share to cover federal and state taxes tied to vesting performance-based restricted stock units. On February 28, 2026, an additional 29,657 shares were similarly withheld at $0.88 per share for tax obligations on those awards. After these transactions, she directly owned 242,672 shares of Class A common stock, which the footnotes state includes restricted stock units scheduled to vest in the future.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 11,506 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 5,707 | $0.88 | $5K |
| Exercise Price or Tax Liability | Class A Common Stock | 29,657 | $0.88 | $26K |
Footnotes (4)
- F1. Represents the number of shares withheld to cover federal and state tax liability for the Reporting Person incurred in connection with the vesting of previously reported performance-based restricted stock units that vested with additional time vesting conditions.
- F2. Includes restricted stock units scheduled to vest in the future.
- F3. Shares issued in settlement of performance-based restricted stock units granted in 2023 which vested based on the achievement of applicable metrics.
- F4. Represents the number of shares withheld to cover federal and state tax liability for the Reporting Person incurred in connection with the vesting of the above-mentioned performance-based restricted stock units.
FAQ
What insider transactions did Alight (ALIT) CTO Deepika Duggirala report?
What does the tax-withholding disposition mean in Alight (ALIT) CTO’s Form 4?
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