Alight (NYSE: ALIT) director receives 23,597-share grant in lieu of cash
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lopes Robert A. Jr. reported acquisition or exercise transactions in this Form 4 filing.
Alight, Inc. director Robert A. Lopes Jr. received a quarterly equity award of 23,597 shares of Class A common stock on March 31, 2026. The award was taken in lieu of a $13,750 cash retainer and was granted under the Alight, Inc. 2021 Omnibus Incentive Plan.
The number of shares was calculated using the $0.5827 closing price on March 31, 2026, and rounded down to the nearest whole share. Following this grant, Lopes directly holds 140,816 shares, which include restricted stock units scheduled to vest in the future.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lopes Robert A. Jr.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 23,597 | $0.5827 | $14K |
Holdings After Transaction:
Class A Common Stock — 140,816 shares (Direct)
Footnotes (1)
- Quarterly award of shares elected in lieu of cash retainer of $13,750 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: 23,597 shares
Cash retainer amount: $13,750
Grant calculation price: $0.5827 per share
+1 more
4 metrics
Shares granted
23,597 shares
Quarterly award in lieu of cash retainer
Cash retainer amount
$13,750
Quarterly board service retainer converted to shares
Grant calculation price
$0.5827 per share
Closing price on March 31, 2026 used to compute shares
Total shares after grant
140,816 shares
Direct holdings following the March 31, 2026 award
Key Terms
restricted stock units, Alight, Inc. 2021 Omnibus Incentive Plan, cash retainer, Class A Common Stock
4 terms
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.
Alight, Inc. 2021 Omnibus Incentive Plan financial
"granted pursuant to the Alight, Inc. 2021 Omnibus Incentive Plan."
cash retainer financial
"Quarterly award of shares elected in lieu of cash retainer of $13,750"
Class A Common Stock financial
"security_title": "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
What insider transaction did ALIT director Robert A. Lopes Jr. report?
Director Robert A. Lopes Jr. reported receiving 23,597 shares of Alight Class A common stock as a quarterly equity award. The shares were granted instead of a $13,750 cash retainer for board service, under the Alight, Inc. 2021 Omnibus Incentive Plan.
Does the ALIT Form 4 for Robert A. Lopes Jr. involve any stock sales?
No, the Form 4 reflects only an acquisition of 23,597 shares as a grant or award. It documents compensation in stock for board service, with no reported sales or dispositions of Alight Class A common stock in this particular filing.