Form 4: Alight Director Coretha Rushing Increases Stake Through Equity Award
Insider Transaction Report
Alight, Inc. Director Coretha M. Rushing acquired 2,318 shares of Class A Common Stock on June 30, 2025, as part of a quarterly equity award in lieu of a cash retainer.
Summary
- Coretha M. Rushing, a Director of Alight, Inc. (ALIT), acquired 2,318 shares of Class A Common Stock.
- The transaction occurred on June 30, 2025.
- The shares were acquired at a price of $5.66 per share.
- This acquisition was a quarterly award of shares elected in lieu of a $13,125 cash retainer for Board service.
- The shares were granted pursuant to the Alight, Inc. 2021 Omnibus Incentive Plan.
- Following this transaction, Coretha M. Rushing beneficially owns 34,893 shares of Class A Common Stock, which includes restricted stock units scheduled to vest in the future.
Sentiment
Score: 7
Explanation: The transaction reflects a routine equity compensation award to a director, increasing their beneficial ownership and aligning interests with shareholders, which is generally viewed positively.
Positives
- Director Coretha M. Rushing increased her beneficial ownership in Alight, Inc. by acquiring 2,318 shares of Class A Common Stock.
- The acquisition of shares in lieu of a cash retainer aligns the director's interests more closely with shareholders.
Future Outlook
No specific forward-looking statements or guidance are provided in this insider transaction report.
Industry Context
This Form 4 filing details a routine insider transaction related to director compensation, which is specific to Alight, Inc. and does not provide broader industry trends or context.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Compensation Policy Implementation | Quarterly award of shares to a director in lieu of a cash retainer, granted under the Alight, Inc. 2021 Omnibus Incentive Plan, demonstrating the ongoing implementation of the company's equity compensation framework. | 06/30/2025 | Aligns director incentives with shareholder value creation by increasing equity ownership. |
Related Party Transactions
- Acquisition of 2,318 shares of Class A Common Stock by Director Coretha M. Rushing as a quarterly award in lieu of a $13,125 cash retainer for Board service, pursuant to the Alight, Inc. 2021 Omnibus Incentive Plan.
Stakeholder Impact
- Shareholders: Increased alignment of director's interests with shareholders through equity ownership.
Key Dates
| Date | Description |
|---|---|
| 06/30/2025 | Date of transaction for the acquisition of shares. |
| 07/02/2025 | Date the Form 4 filing was signed. |
Recommendation
holdKeywords
Alight, ALIT, Coretha Rushing, Form 4, insider transaction, director compensation, equity award, stock acquisition, beneficial ownership
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