Form 4: Alight Inc. CFO Jeremy Heaton Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Alight, Inc.'s CFO, Jeremy J. Heaton, disposed of 21,096 shares of Class A Common Stock on March 14, 2025, to cover tax liabilities from vesting restricted stock units.
Summary
- On March 14, 2025, Jeremy J. Heaton, the Chief Financial Officer of Alight, Inc., disposed of 21,096 shares of Class A Common Stock.
- The disposal was executed to cover tax liabilities incurred upon the vesting of previously reported restricted stock units.
- The shares were relinquished by Heaton and cancelled by Alight, Inc. in exchange for the company's agreement to pay federal and state tax withholding obligations.
- The price per share for the transaction was $6.11.
- Following the transaction, Heaton beneficially owns 783,629 shares, which includes restricted stock units scheduled to vest in the future.
Sentiment
Score: 5
Explanation: The document is a routine disclosure of stock disposal for tax purposes, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/14/2025 | Date of stock disposal transaction. |
| 03/17/2025 | Date of signature by Attorney-in-Fact. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.