Alight (NYSE: ALIT) awards 2.5M performance stock units to Chief Delivery Officer
Rhea-AI Filing Summary
Bassiouni Allison reported acquisition or exercise transactions in this Form 4 filing.
Alight, Inc. reported that Chief Delivery Officer Allison Bassiouni received a grant of 2,500,000 performance stock units on March 25, 2026. Each unit represents a contingent right to receive one share of Class A Common Stock if tough performance and service conditions are met.
The units can vest in up to 25% increments based on meeting specified stock price hurdles during a five-year period from April 1, 2026 through December 31, 2030, and also require continued service. Following this filing, Bassiouni holds 728,713 Class A shares directly and 44,274 shares indirectly through a spouse.
Positive
- None.
Negative
- None.
Insights
Large PSU grant adds performance-based upside but is still contingent.
The filing shows a sizable award of 2,500,000 performance stock units to the Chief Delivery Officer. Because these are contingent rights, they only convert into Class A shares if stock price hurdles are achieved and service conditions are satisfied over several years.
The vesting design ties potential value directly to stock price performance between April 1, 2026 and December 31, 2030. This aligns compensation with shareholder outcomes, but actual dilution and realized value depend on future performance. Existing direct and indirect holdings of common stock remain alongside this new, unvested PSU position.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Stock Units | 2,500,000 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- On March 25, 2026, the reporting person was granted 2,500,000 performance stock Units. Each performance stock unit represents a contingent right to receive one share of Alight, Inc.'s Class A Common Stock. The performance stock units vest and become earned in up to 25% increments based on the achievement of specified stock price performance hurdles during a five-year performance period, beginning on April 1, 2026, and ending on December 31, 2030, and subject to service-based vesting conditions.
FAQ
What did Alight (ALIT) report in Allison Bassiouni’s latest Form 4?
How many performance stock units did Alight (ALIT) grant to the Chief Delivery Officer?
What are the vesting terms of Allison Bassiouni’s performance stock units at Alight (ALIT)?
What does each performance stock unit represent in Alight (ALIT)’s Form 4 filing?