Form 4: Alight Inc. CFO Jeremy Heaton Reports Stock Transactions Following RSU Vesting
SEC Form 4 Filing
Alight Inc.'s CFO, Jeremy Heaton, reports acquisition and disposal of Class A Common Stock related to the vesting of performance-based restricted stock units (RSUs) and tax obligations.
Summary
- On February 28, 2025, Jeremy Heaton, CFO of Alight, Inc., reported transactions involving Class A Common Stock.
- Heaton acquired 78,160 shares and 4,739 shares of Class A Common Stock upon the vesting of performance-based restricted stock units (RSUs) granted in 2024 and 2023 respectively.
- 29,285 shares and 1,389 shares were withheld to cover federal and state tax liabilities associated with the vesting of these RSUs at a price of $6.83.
- Following these transactions, Heaton directly owns 647,298 shares of Class A Common Stock, which includes restricted stock units scheduled to vest in the future.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Positives
- The vesting of performance-based restricted stock units indicates that applicable performance metrics were achieved.
Future Outlook
The filing mentions restricted stock units scheduled to vest in the future, indicating ongoing equity-based compensation for the reporting person.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- Shareholders are informed about the CFO's stock transactions, providing transparency regarding insider ownership.
- The transactions have a minor impact on the total number of outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 02/28/2025 | Date of the reported transactions (acquisition and disposal of shares). |
| 03/04/2025 | Date of signature for the Form 4 filing. |
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