Form 4: Alight Inc. Director Coretha M. Rushing Reports Acquisition of Shares in Lieu of Cash Retainer
SEC Form 4 Filing
Director Coretha M. Rushing acquired 1,445 shares of Alight, Inc. Class A Common Stock on December 31, 2024, in lieu of a $10,000 cash retainer for board service.
Summary
- On December 31, 2024, Coretha M. Rushing, a director of Alight, Inc., acquired 1,445 shares of Class A Common Stock.
- This acquisition was in lieu of a $10,000 cash retainer for her service as a member of the Board of Directors.
- The shares were granted pursuant to the Alight, Inc. 2021 Omnibus Incentive Plan.
- The price per share was calculated at $6.92, the closing price of Alight's ordinary shares on December 31, 2024.
- Following the transaction, Rushing beneficially owns 30,817 shares, which includes restricted stock units scheduled to vest in the future.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine transaction, with a director taking shares in lieu of cash, which can be seen as a slightly positive sign of confidence.
Positives
- The director's decision to take shares in lieu of cash demonstrates confidence in the company's future prospects.
Industry Context
This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency to investors regarding the actions of company insiders.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a standard compensation-related share acquisition.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of transaction: Coretha M. Rushing acquired shares in lieu of cash retainer. |
| 01/03/2025 | Date of filing: Form 4 filing date. |
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