Form 4: Alight Director Michael Hayes Receives Annual Restricted Stock Unit Grant

Alight, Inc. Director Michael Hayes was granted 33,783 restricted stock units as compensation for annual board service, scheduled to vest on July 2, 2026.

Summary

• Michael E. Hayes, a Director of Alight, Inc. (ALIT), acquired 33,783 shares of Class A Common Stock.
• The acquisition occurred on July 2, 2025, with a transaction price of $0 per share, indicating a grant.
• These shares represent restricted stock units (RSUs) granted for annual board service under Alight's 2021 Omnibus Share Plan.
• The granted RSUs are scheduled to vest on July 2, 2026.
• Following this transaction, Michael E. Hayes beneficially owns a total of 44,724 shares, which includes other restricted stock units scheduled to vest in the future.

Sentiment

Score: 7

Explanation: The document reports a standard, expected transaction (RSU grant for board service) which aligns director interests with shareholders. It is a neutral to slightly positive event as it indicates ongoing board service and compensation structure.

Positives

• The granting of restricted stock units to a director aligns management's interests with shareholders, as the value of the compensation is tied to the company's stock performance.
• The grant is part of a pre-existing plan (2021 Omnibus Share Plan), indicating a structured and transparent approach to executive and director compensation.

Future Outlook

The document indicates future vesting of restricted stock units on July 2, 2026, which is a forward-looking event related to compensation.

Industry Context

Granting of restricted stock units to directors is a common practice in publicly traded companies across various industries, including the business process solutions and human capital management sector where Alight operates. It is a standard method for attracting and retaining board talent and aligning their interests with long-term shareholder value.

Comparison to Industry Standards

• Granting RSUs as part of director compensation is a standard practice across industries, including technology and business services.
• The specific number of units (33,783) and the vesting schedule (one year) would typically be benchmarked against peer companies like Conduent, ADP, or Workday to assess competitiveness and alignment with market norms for director compensation in similar-sized companies. Without specific peer compensation data, a direct quantitative comparison is not possible from this document alone.

Corporate Governance

Stakeholder Impact

• Shareholders: The grant of RSUs to a director aligns their interests with shareholders, as the value of the compensation is tied to the company's stock performance, potentially encouraging decisions that enhance long-term shareholder value.

Next Steps

• The 33,783 restricted stock units are scheduled to vest on July 2, 2026.

Key Dates

Recommendation

Keywords

Alight Inc, ALIT, Form 4, SEC filing, insider transaction, restricted stock units, RSU grant, director compensation, equity compensation, Michael Hayes