Form 4: Alight Director William P. Foley II Increases Stake Through Quarterly Share Award

Alight, Inc. Director and 10% Owner William P. Foley II acquired 3,147 shares of Class A Common Stock as part of his quarterly board compensation.

Summary

• William P. Foley II, a Director and 10% Owner of Alight, Inc. (ALIT), acquired 3,147 shares of Class A Common Stock.
• The acquisition occurred on June 30, 2025, at a price of $5.66 per share.
• These shares were awarded as part of a quarterly compensation for his service on the Board of Directors, elected in lieu of a cash retainer of $17,813.
• The number of shares was calculated by dividing the cash retainer by the closing price of $5.66 on the transaction date and rounding down.
• Following this transaction, William P. Foley II directly beneficially owns 902,165 shares of Class A Common Stock, which includes restricted stock units.
• Additionally, he indirectly beneficially owns 6,833,304 shares of Class A Common Stock, comprising 171,878 shares held by Trasimene Capital FT, LLC and 6,661,426 shares held by Bilcar FT, LP.

Sentiment

Score: 6

Explanation: The sentiment is slightly positive as it reflects an insider increasing their stake, even if through compensation, which generally signals confidence in the company's future. It is a routine transaction, so the positive impact is moderate.

Positives

• The acquisition of shares by a Director and 10% Owner, even as compensation, indicates continued alignment of interests between management and shareholders.
• The transaction is part of a pre-defined compensation plan, reflecting a structured approach to executive remuneration.

Future Outlook

NA

Industry Context

This Form 4 filing details a routine insider transaction related to director compensation, which is a common practice across various industries for aligning executive interests with shareholder value. It does not provide broader industry trends or competitive insights.

Related Party Transactions

• William P. Foley II's indirect beneficial ownership includes shares held by Trasimene Capital FT, LLC and Bilcar FT, LP, entities where he is the sole member or general partner, indicating related party dealings in terms of beneficial ownership reporting.

Stakeholder Impact

• Shareholders: The increase in a significant insider's stake may be viewed positively, signaling management's continued commitment and confidence in the company's performance and future prospects.

Key Dates

Keywords

Alight Inc, ALIT, William P. Foley II, Insider Trading, Form 4, Share Acquisition, Director Compensation, Equity Award, Beneficial Ownership