Form 4: Alight Inc. CFO Katie Rooney Reports Tax-Related Stock Disposal

Katie Rooney, CFO of Alight Inc., disposed of 28,149 shares of Class A Common Stock to cover tax liabilities upon vesting of restricted stock units.

Summary

• On March 10, 2024, Katie J. Rooney, CFO of Alight Inc., disposed of 28,149 shares of Class A Common Stock at a price of $9.11 per share.
• The disposal was to cover tax liabilities incurred upon the vesting of previously reported restricted stock units.
• Following the transaction, Rooney directly owns 2,930,091 shares of Class A Common Stock, which includes restricted stock units scheduled to vest in the future.
• Rooney also indirectly owns 69,620 shares of Class V Common Stock through Tempo Management, LLC.
• Class V common stock does not represent economic interests in the Issuer.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to stock transactions by a company insider. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are standard disclosures required by the SEC when insiders of a company (officers, directors, or those holding more than 10% of the company's shares) buy or sell the company's securities. This filing indicates a transaction by the CFO of Alight Inc.

Stakeholder Impact

• The disposal of shares by the CFO could have a minor impact on shareholders, but it is primarily related to tax obligations and not necessarily indicative of the company's performance or future prospects.

Key Dates