Alight (NYSE: ALIT) CEO granted 7M performance stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Verma Rohit reported acquisition or exercise transactions in this Form 4 filing.
Alight, Inc. reported that CEO Rohit Verma was granted 7,000,000 performance stock units on March 25, 2026. Each unit represents a contingent right to receive one share of Alight's Class A common stock if conditions are met.
The performance stock units can vest in up to 25% increments based on specified stock price performance hurdles during a five-year period from April 1, 2026 to December 31, 2030, and are also subject to service-based vesting conditions. Following this grant, Verma directly holds 4,555,202 shares of Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Verma Rohit
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Stock Units | 7,000,000 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Performance Stock Units — 7,000,000 shares (Direct);
Class A Common Stock — 4,555,202 shares (Direct)
Footnotes (1)
- On March 25, 2026, the reporting person was granted 7,000,000 performance stock units. Each performance stock unit represents a contingent right to receive one share of Alight, Inc.'s Class A Common Stock. The performance stock units vest and become earned in up to 25% increments based on the achievement of specified stock price performance hurdles during a five-year performance period, beginning on April 1, 2026, and ending on December 31, 2030, and subject to service-based vesting conditions.
FAQ
What did Alight (ALIT) CEO Rohit Verma receive in this Form 4 filing?
Rohit Verma received 7,000,000 performance stock units. Each unit is a contingent right to one share of Alight Class A common stock, subject to stock price performance hurdles over five years and additional service-based vesting conditions.
How do Rohit Verma’s Alight (ALIT) performance stock units vest?
The units vest in up to 25% increments. Vesting depends on achieving specified stock price performance hurdles during a five-year period from April 1, 2026 through December 31, 2030, and also requires meeting service-based vesting conditions.
Over what period are Alight (ALIT) CEO Rohit Verma’s PSUs measured?
The performance period runs for about five years. Stock price hurdles are measured from April 1, 2026 until December 31, 2030, and units can become earned in stages during this timeframe if performance and service conditions are satisfied.