Director Lenore Williams takes Alight (ALIT) board fees in stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Williams Lenore D reported acquisition or exercise transactions in this Form 4 filing.
Alight, Inc. director Lenore D. Williams received a quarterly grant of 47,194 shares of Class A common stock as compensation. The award was taken in lieu of a $27,500 cash retainer, using the $0.5827 March 31, 2026 closing price to calculate shares. After this grant, she directly holds 167,892 shares, including restricted stock units scheduled to vest in the future.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Williams Lenore D
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 47,194 | $0.5827 | $27K |
Holdings After Transaction:
Class A Common Stock — 167,892 shares (Direct)
Footnotes (1)
- Quarterly award of shares elected in lieu of cash retainer of $27,500 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
Board cash retainer: $27,500
Shares granted: 47,194 shares
Grant price: $0.5827/share
+1 more
4 metrics
Board cash retainer
$27,500
Quarterly retainer for Board of Directors service
Shares granted
47,194 shares
Quarterly stock award in lieu of cash retainer
Grant price
$0.5827/share
Closing price on March 31, 2026 used to calculate award
Post-grant holdings
167,892 shares
Direct Class A holdings after the transaction, including RSUs
Key Terms
Alight, Inc. 2021 Omnibus Incentive Plan, restricted stock units, cash retainer
3 terms
Alight, Inc. 2021 Omnibus Incentive Plan financial
"granted pursuant to the Alight, Inc. 2021 Omnibus Incentive Plan."
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.
cash retainer financial
"elected in lieu of cash retainer of $27,500 for service"
FAQ
What insider transaction did Alight (ALIT) report for Lenore D. Williams?
Alight reported that director Lenore D. Williams received a quarterly stock award of 47,194 Class A shares. This was a compensation grant, not an open-market purchase, taken instead of her regular cash retainer for board service.
Is the Alight (ALIT) Form 4 transaction a market purchase or compensation?
The Form 4 transaction is a compensation grant, not a market purchase. Williams elected to receive her quarterly $27,500 board retainer in Alight Class A shares under the company’s 2021 Omnibus Incentive Plan.
What plan governs the stock award to Alight (ALIT) director Williams?
The stock award was granted under the Alight, Inc. 2021 Omnibus Incentive Plan. This plan allows directors to receive equity awards, including taking their regular board cash retainers in shares instead of cash payments.