Alight (NYSE: ALIT) CTO reports RSU tax-withholding share cancellations
Rhea-AI Filing Summary
Alight, Inc. Chief Technology Officer Deepika Duggirala reported routine share dispositions to cover tax obligations tied to vesting restricted stock units. On March 10, 2026 and March 11, 2026, a total of 10,840 shares of Class A Common Stock were withheld and cancelled at prices of $0.91 and $0.94 per share, respectively, to satisfy federal and state tax liabilities.
After these tax-withholding transactions, she directly owns 237,631 shares of Class A Common Stock, which include restricted stock units scheduled to vest in the future. These events are compensation-related mechanisms rather than open-market sales.
Positive
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Negative
- None.
Insights
Alight’s CTO reported routine tax-withholding share cancellations linked to RSU vesting, not open-market selling.
The filing shows two F-code transactions where 10,840 Alight Class A shares were relinquished in total on March 10, 2026 and March 11, 2026. Footnotes clarify these shares were withheld and cancelled so the issuer could pay the CTO’s federal and state tax obligations from vesting restricted stock units.
Because these are tax-withholding dispositions rather than discretionary market sales, they carry limited informational value about management’s view of the stock. Following the transactions, the CTO directly holds 237,631 shares, including restricted stock units scheduled to vest in the future, indicating a continued equity stake tied to future performance.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 3,289 | $0.94 | $3K |
| Tax Withholding | Class A Common Stock | 7,551 | $0.91 | $7K |
Footnotes (1)
- Represents the number of shares withheld to cover tax liability incurred upon the vesting of previously reported restricted stock units. All of the shares reported as disposed of in this Form 4 were relinquished by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person. Includes restricted stock units scheduled to vest in the future.