Form 4: Alight Inc. Chief Delivery Officer Reports Stock Transactions
SEC Form 4 Filing
Allison Bassiouni, Chief Delivery Officer of Alight, Inc., reports the withholding of shares to cover tax liabilities upon vesting of restricted stock units.
Summary
- On March 11, 2025, Allison Bassiouni, Chief Delivery Officer of Alight, Inc., reported transactions involving Class A Common Stock.
- A total of 1,924 shares were withheld to cover tax liabilities incurred upon the vesting of restricted stock units at a price of $6.03.
- Additionally, 484 shares held by Bassiouni's spouse were withheld for the same purpose, also at $6.03.
- Following these transactions, Bassiouni directly owns 268,818 shares, including restricted stock units scheduled to vest in the future.
- Bassiouni's spouse indirectly owns 13,713 shares and RSUs scheduled to vest in the future.
Sentiment
Score: 5
Explanation: This is a neutral regulatory filing reflecting routine stock transactions related to executive compensation. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This is a standard SEC Form 4 filing, which is a routine disclosure for corporate insiders reporting changes in their beneficial ownership of company stock. It is a common practice for companies to withhold shares to cover tax obligations upon the vesting of restricted stock units.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they involve the withholding of shares for tax purposes, which is a common practice.
Key Dates
| Date | Description |
|---|---|
| 03/11/2025 | Date of stock transactions reported by Allison Bassiouni. |
| 03/13/2025 | Date of signature by John A. Mikowski, Deputy General Counsel and Assistant Corporate Secretary, as Attorney-in-Fact. |
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