ALIT insider filing: RSU tax-withholding reduced holdings to 218,611 shares
Rhea-AI Filing Summary
Filing type: Form 4 reporting changes in beneficial ownership for Alight, Inc. (ALIT) by reporting person Felli Martin, an officer.
On 09/03/2025 the reporting person had 4,417 shares withheld to satisfy tax withholding arising from the vesting of previously reported restricted stock units. Those withheld shares were relinquished and cancelled by the reporting person in exchange for the issuer agreeing to pay the related federal and state tax withholding obligations. After the transaction the reporting person beneficially owned 218,611 shares (direct), which includes restricted stock units scheduled to vest in the future. The Form 4 was signed on behalf of the reporting person by an attorney-in-fact on 09/04/2025.
Positive
- Transparent disclosure of the tax-withholding transaction under Section 16, filed on Form 4
- Reporting person retains 218,611 shares (direct), including RSUs scheduled to vest
Negative
- None.
Insights
TL;DR: Routine tax-withholding sale of vested RSUs reduced reported shares by 4,417; remaining direct holdings are 218,611 shares.
This Form 4 documents a non-discretionary disposition coded F, indicating shares were withheld to cover tax liabilities on vested restricted stock units rather than sold on the open market. The price per share recorded is $3.92, and the transaction does not represent an active market sale or a substantive change in voting control. For investors, this is a routine personnel tax-related adjustment to outstanding insider holdings rather than an indicator of a change in insider conviction.
TL;DR: Compliance disclosure is timely and clear; transaction reflects issuer-facilitated tax withholding on RSU vesting.
The filing clearly states the mechanics: shares were relinquished and cancelled in exchange for the issuer agreeing to pay withholding obligations, which is an established equity-compensation practice. The reporting person remains a direct beneficial owner of 218,611 shares, including unvested RSUs. From a governance perspective, the Form 4 provides the required transparency on insider compensation-related transactions and does not signal an unusual governance event.