Felli Martin reported acquisition or exercise transactions in this Form 4 filing.
Alight, Inc. reported that Chief Legal Officer Martin Felli received a grant of 12,500 performance stock units on August 3, 2026, each representing one share of Class A common stock. These units may vest in up to 25% increments based on specified stock price performance hurdles during a performance period ending December 31, 2030, subject to service-based vesting conditions. After this award, Felli holds 75,000 performance stock units and 28,568 shares of Class A common stock (including restricted stock units), with all figures adjusted for a 1-for-20 reverse split effective June 30, 2026.
Tulsiani Dinesh V reported acquisition or exercise transactions in this Form 4 filing.
Alight, Inc. reported that Dinesh V. Tulsiani, President, Employer Solutions, received a grant of 25,000 Performance Stock Units on August 3, 2026. Each unit represents a contingent right to receive one share of Class A Common Stock. These units vest and become earned in up to 25% increments based on specified stock price performance hurdles during a performance period ending on December 31, 2030, subject to service-based vesting conditions. Following this grant, Tulsiani held 87,500 Performance Stock Units in total. He also directly held 118,665 shares of Class A Common Stock, which include restricted stock units scheduled to vest in the future, and indirectly held 4,176 shares of Class V Common Stock through Tempo Management, LLC. All amounts have been adjusted to reflect a 1-for-20 reverse split of Class A Common Stock effective June 30, 2026.
Dorsey Donna reported acquisition or exercise transactions in this Form 4 filing.
Alight, Inc. reported that Chief Human Resources Officer Donna Dorsey received a grant of 12,500 performance stock units on August 3, 2026, each representing one share of Class A common stock. The units can vest in up to 25% increments based on stock price performance hurdles during a performance period ending December 31, 2030, subject to service-based vesting conditions. After this award, Dorsey holds 75,000 performance stock units and 51,291 Class A shares, including restricted stock units scheduled to vest, with all share amounts adjusted for a 1-for-20 reverse split effective June 30, 2026.
Lasher Stephen Andrew reported acquisition or exercise transactions in this Form 4 filing.
Alight, Inc. Chief Financial Officer Stephen Andrew Lasher received a grant of 87,500 performance stock units on August 3, 2026. Each unit is a contingent right to one share of Class A common stock, vesting in up to 25% increments based on stock-price performance hurdles through December 31, 2030, subject to service-based conditions. All reported amounts reflect a 1-for-20 reverse split effective June 30, 2026. Following this grant, he directly holds 245,505 Class A shares, including restricted stock units scheduled to vest, plus the 87,500 performance stock units.
Alight, Inc. reported Q2 2026 revenue of $511 million and a net loss from continuing operations of $10 million, compared with revenue of $528 million and a $1,073 million loss a year earlier. The prior-year quarter included a $983 million goodwill impairment, which did not recur.
For the first six months of 2026, revenue was $1,045 million with a net loss of $29 million. Operating cash flow from continuing operations was $152 million, funding $51 million of capital expenditures and $136 million of payments on the tax receivable agreement. At June 30, 2026, Alight held $215 million in cash and cash equivalents, long-term debt of $1,976 million (primarily term loans), and total stockholders’ equity of $1,026 million.
The company completed a 1-for-20 reverse stock split effective June 30, 2026, after which 26,399,569 Class A shares were outstanding. Results continue to reflect the 2024 sale of the Payroll & HCM Outsourcing business, with related activity presented as discontinued operations and in a seller financing note.
Alight, Inc. reported Q2 2026 revenue of $511 million, down from $528 million, with gross profit of $142 million and adjusted EBITDA of $92 million. Net loss from continuing operations narrowed to $10 million from $1,073 million, driven mainly by the absence of a prior $983 million non-cash goodwill impairment and other fair value remeasurements recorded in 2025.
For the first half of 2026, cash from operations was $152 million and free cash flow was $101 million. As of June 30, 2026, cash and cash equivalents were $215 million, total debt was $1,996 million, and total debt net of cash was $1,781 million. Management guided Q3 2026 revenue to $469–$479 million and full-year 2026 revenue to $2,078–$2,098 million, with adjusted EBITDA ranges of $55–$61 million for Q3 and $400–$415 million for the full year.
The Compensation Committee also modified March 2026 performance-vesting restricted stock units by lowering four stock-price VWAP hurdles (now spanning $25.70 to $46.55) for key executives, including 350,000 units held by the CEO. It approved additional July TVR Awards that vest pro rata based on 20-day VWAP milestones within the same price ranges through December 31, 2030 or a change in control.
BlackRock, Inc. filed an amended Schedule 13G/A reporting its beneficial ownership of 14,741,561 shares of Alight Inc. Class A stock. This position represents 2.8% of the outstanding Class A shares. BlackRock reports sole voting and sole dispositive power over all of these shares, with no shared voting or dispositive power.
The filing states that various underlying clients have the right to receive dividends or sale proceeds from these shares, but no individual client holds more than 5% of Alight’s total outstanding common shares.
Alight, Inc. director Rajgopal Kausik reported an automatic acquisition of 38 shares of Class A common stock on December 15, 2025 through a broker-administered dividend reinvestment program at $20.5303 per share. After this dividend-based purchase, he beneficially owned 20,322 shares, including restricted stock units scheduled to vest in the future; these amounts are adjusted for a 1-for-20 reverse split of the Class A common stock effective June 30, 2026 and are stated as of the date hereof. The transaction was not designated as being under a Rule 10b5-1 trading plan.
Alight, Inc.: D. E. Shaw & Co., L.P. and David E. Shaw reported shared beneficial ownership of 1,366,285 shares of Class A Common Stock, representing 5.2% of the class, with shared voting power on 1,350,415 shares as of 07/01/2026.
The filing explains the holdings are held across affiliated entities and that David E. Shaw disclaims beneficial ownership while being deemed to have shared voting and dispositive power through affiliated entities.
SCHRIESHEIM ROBERT A reported acquisition or exercise transactions in this Form 4 filing.
Alight, Inc. director Robert A. Schriesheim reported receiving a grant of 14,025 shares of Class A Common Stock in the form of restricted stock units for annual board service under the company’s 2021 Omnibus Share Plan.
These restricted stock units are scheduled to vest on July 2, 2027, and the share amounts reflect a 1-for-20 reverse split of Alight’s Class A common stock that was effective as of June 30, 2026. Following this grant, Schriesheim holds 19,481 shares, including restricted stock units scheduled to vest in the future.